Mizuho Securities USA LLC Makes New $5.76 Million Investment in Rising Dragon Acquisition Corp. – Ordinary Shares (NASDAQ:RDAC)

Mizuho Securities USA LLC purchased a new stake in shares of Rising Dragon Acquisition Corp. – Ordinary Shares (NASDAQ:RDAC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 577,960 shares of the company’s stock, valued at approximately $5,756,000. Mizuho Securities USA LLC owned 7.71% of Rising Dragon Acquisition Corp. – Ordinary Shares as of its most recent filing with the Securities and Exchange Commission.

Separately, Wolverine Asset Management LLC bought a new position in Rising Dragon Acquisition Corp. – Ordinary Shares during the fourth quarter valued at about $1,553,000.

Rising Dragon Acquisition Corp. – Ordinary Shares Stock Performance

NASDAQ:RDAC opened at $10.20 on Friday. Rising Dragon Acquisition Corp. – Ordinary Shares has a 52-week low of $9.99 and a 52-week high of $10.20. The business’s 50-day moving average price is $10.09.

Rising Dragon Acquisition Corp. – Ordinary Shares Profile

Rising Dragon Acquisition Corp. operates as a blank check company. It was formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company was founded on March 8, 2024 and is headquartered in Taiyuan, China.