Rising Dragon Acquisition Corp. (RDACU)
Rising Dragon Acquisition Corp. operates in the Shell Companies industry of the Financial Services sector, headquartered in Taiyuan, SX, CN. The stock last traded at $7.60, up 0.00% on the session, giving a market capitalisation of $57.6M. On trailing twelve-month figures it carries a trailing P/E of 33.67, a net margin of 0.0%. Its beta of 4.96 implies it has historically moved more than the broad market.
Established in the Cayman Islands on March 8, 2024, Rising Dragon Acquisition Corp. functions as a special purpose acquisition company (SPAC). Its core mission involves completing a strategic partnership, which could take the form of a merger, equity exchange, asset purchase, stock acquisition, financial restructuring, or another analogous business combination, with one or more companies or organizations. The corporation's pursuit of suitable targets is not confined by any specific industry or geographical location.
Rising Dragon Acquisition Corp. is most often compared with the following Financial Services names: