ATW Spac Management LLC bought a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares (NASDAQ:RDAC - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 358,000 shares of the company's stock, valued at approximately $3,587,000. Rising Dragon Acquisition Corp. - Ordinary Shares accounts for 6.6% of ATW Spac Management LLC's investment portfolio, making the stock its 4th biggest holding. ATW Spac Management LLC owned approximately 4.77% of Rising Dragon Acquisition Corp. - Ordinary Shares as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of RDAC. TrueMark Investments LLC acquired a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares in the 4th quarter worth about $100,000. Wolverine Asset Management LLC purchased a new position in shares of Rising Dragon Acquisition Corp. - Ordinary Shares in the fourth quarter valued at approximately $1,553,000. Finally, Mizuho Securities USA LLC acquired a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares in the fourth quarter worth approximately $5,756,000.
Rising Dragon Acquisition Corp. - Ordinary Shares Stock Performance
Shares of RDAC remained flat at $10.20 during trading hours on Thursday. The stock has a 50 day moving average price of $10.12. Rising Dragon Acquisition Corp. - Ordinary Shares has a one year low of $9.99 and a one year high of $10.20.
Rising Dragon Acquisition Corp. - Ordinary Shares Company Profile
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Free Report)
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.
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