Rising Dragon Acquisition Corp.
For the period ended Dec 31, 2025. Filed Mar 30, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 30, 2026
RDAC$11.17-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| For the Year ended December 31, 2025 · For the Period from March 8, 2024 (inception) through December 31, 2024 | |||
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net income | $1,573,962 | $257,513 | |
| Adjustments to reconcile net income to net cash used in operating activities | |||
| Interest income earned in investments held in Trust Account | (2,389,246) | (543,046) | |
| Change in operating assets and liabilities | |||
| Prepaid expense | 63,000 | (63,000) | |
| Accrued liabilities | 91,810 | 22,500 | |
| Net cash used in operating activities | (660,474) | (326,033) | |
| Cash flows from investing activities: | |||
| Cash withdrawn from Trust Account in connection to redemption | 16,331,209 | - | |
| Proceeds deposited in Trust Account | - | (57,787,500) | |
| Net cash provided by (used in) investing activities | 16,331,209 | (57,787,500) | |
| Cash flows from financing activities: | |||
| Redemption of ordinary shares | (16,331,209) | - | |
| Advance from related party | 204,969 | - | |
| Proceeds from public offering, net of offering costs | - | 55,937,462 | |
| Proceeds from private placement | - | 2,543,750 | |
| Proceeds from promissory note – related party | 100,000 | 274,831 | |
| Repayment of promissory note – related party | - | (249,831) | |
| Net cash (used in) provided by financing activities | (16,026,240) | 58,506,212 | |
| NET CHANGE IN CASH | (355,505) | 392,679 | |
| CASH, BEGINNING OF YEAR/PERIOD | 392,679 | - | |
| CASH, END OF YEAR/PERIOD | $37,174 | $392,679 | |
| Non-cash investing and financing activities | |||
| Issuance of representative shares | $ | - | $6 |
| Initial classification of ordinary shares subject to possible redemption | $ | - | $53,889,410 |
| Allocation of carrying value to redemption value | $ | - | $3,215,828 |
| Subsequent remeasurement of ordinary shares subject to redemption | $2,389,246 | $543,046 | |
| Capital contribution paid by a related party | $ | - | $25,000 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.