Stock Titan Deals and strategy
Redemptions cut Rising Dragon (NASDAQ: RDAC) trust assets to $18.37M
Rising Dragon Acquisition Corp. (NASDAQ: RDAC) reported that its trust assets have been significantly reduced to $18.37 million following substantial redemptions. The SPAC, which has a merger agreement with HZJL Cayman Limited for $350 million, faces a deadline of August 15, 2026, to complete the business combination and has disclosed substantial doubt about its ability to continue as …