RDAC · Rising Dragon Acquisition Corp.
$6.07
-0.08 (-1.30%)
At close · Jul 28
Going-concern doubt
— flagged May 13, 2026
Substantial doubt about the company's ability to continue as a going concern.
“management has determined that if the Company is unsuccessful in consummating an initial business combination within the prescribed period of time from the closing of the IPO, the requirement that the Company cease all operations, redeem the public shares and thereafter liquidate and dissolve raises substantial doubt about the ability to continue as a going concern.”View the 10-Q filed May 13, 2026
Market Cap
$36.12M
Shares
5.95M
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 11
Total Value: $16,054,441
Total Shares: 3,351,659
Institutional Ownership Trend
6 quarters
Holder Concentration
Across 10 13F filers · Δ vs Dec 31, 2025Top Holder
27.1%
+6.1 pts
Top 5
83.6%
+17.8 pts
Top 10
100.0%
+1.3 pts
HHI
1,684
Moderately concentrated+493
Quarterly Activity
vs Dec 31, 2025
New
1
Increased
3
Decreased
2
Sold Out
4
Unchanged
5
Holder count:
-3
Institutional value:
-61.4%
Shares held:
-21.0%
Top Buyers
vs Dec 31, 2025| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC | +494,487 | 988,974 | |
| Mega GOLDMAN SACHS GROUP INC | +485 | 140,776 | |
| Mega MORGAN STANLEY | +21 | 64 |
Top Sellers
vs Dec 31, 2025| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Mid Karpus Management, Inc. | −736,550 | 736,550 | |
| Mega UBS Group AG | −487 | 122 |
Top New Positions
vs Dec 31, 2025| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| — Kerry Propper | 137,000 | $656,230 |
Top Sold-Out Positions
vs Dec 31, 2025| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Mid BOOTHBAY FUND MANAGEMENT, LLC | 358,000 | $3,515,560 | |
| Mid BERKLEY W R CORP | 234,886 | $2,306,580 | |
| Small Cable Car Capital, LP | 178,938 | $1,757,171 | |
| Mid MIZUHO SECURITIES USA LLC | 11,500 | $112,930 |
| Holder | Value (USD) | % of 13F | Shares | Type | Discretion | Filed | Open | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Mid Karpus Management, Inc. | $3,528,074 | 21.98% | 736,550 | Shares | Sole | 2026-05-14 | ||||
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC | $2,368,592 | 14.75% | 494,487 | Shares | Sole | 2026-05-15 | ||||
| Mid RIVERNORTH CAPITAL MANAGEMENT, LLC | $2,368,592 | 14.75% | 494,487 | Shares | Sole | 2026-05-15 | ||||
| Mid Westchester Capital Management, LLC | $1,760,325 | 10.96% | 367,500 | Shares | Other | 2026-05-15 | ||||
| Mid AQR Arbitrage LLC | $1,665,981 | 10.38% | 347,804 | Shares | Defined | 2026-05-15 | ||||
| Mid GLAZER CAPITAL, LLC | $1,568,432 | 9.77% | 327,439 | Shares | Sole | 2026-05-14 | ||||
| Mega D. E. Shaw & Co., Inc. | $1,308,268 | 8.15% | 273,125 | Shares | Defined | 2026-05-15 | ||||
| Mega GOLDMAN SACHS GROUP INC | $674,317 | 4.20% | 140,776 | Shares | Defined | 2026-05-15 | ||||
| — Kerry Propper | $656,230 | 4.09% | 137,000 | Shares | Sole | 2026-05-15 | ||||
| Large Clear Street Group Inc. | $154,740 | 0.96% | 32,305 | Shares | Sole | 2026-05-15 | ||||
| Mega UBS Group AG | $584 | 0.00% | 122 | Shares | Defined | 2026-05-05 | ||||
| Mega MORGAN STANLEY | $306 | 0.00% | 64 | Shares | Defined | 2026-05-15 | ||||
| No holders match your search. | ||||||||||
Key facts
CIK
2018145
CUSIP
G7576K107
13F (30d)
2 filings
2 filers