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RDAC — Rising Dragon Acquisition Corp. Ordinary Shares

Rising Dragon Acquisition Corp. Ordinary Shares (RDAC)

Total return is -38.4% over the past 1.7 years, 69.7 points behind SPY at 31.3%. Its deepest 1-year drawdown was 75.9%.

Rising Dragon Acquisition Corp. is a blank-check company that trades as an equity security, having recently commenced operations in December 2024. As a special purpose acquisition vehicle (SPAC), it has no current operating business or distribution yield, and operates with an unspecified expense structure typical of newly formed acquisition entities. This vehicle is designed for investors interested in potential merger or acquisition opportunities rather than current income generation.

RDAC key facts

Asset type
Stock
Asset class
Equity
Inception date
12/02/2024
Last close
$6.15
Market cap
$39,901,656
Average volume
800.0
Payout ratio
0.0
P/E ratio
35.2895
Forward P/E
0.0
EPS
$0.19