Heights Capital Management Inc. bought a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares (NASDAQ:RDAC - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 40,000 shares of the company's stock, valued at approximately $401,000. Heights Capital Management Inc. owned about 0.53% of Rising Dragon Acquisition Corp. - Ordinary Shares at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TrueMark Investments LLC acquired a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares during the fourth quarter worth about $100,000. Warberg Asset Management LLC acquired a new position in Rising Dragon Acquisition Corp. - Ordinary Shares during the fourth quarter worth approximately $461,000. Wolverine Asset Management LLC purchased a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares in the fourth quarter valued at approximately $1,553,000. ATW Spac Management LLC purchased a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares in the fourth quarter valued at approximately $3,587,000. Finally, Mizuho Securities USA LLC acquired a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares in the fourth quarter valued at approximately $5,756,000.
Rising Dragon Acquisition Corp. - Ordinary Shares Stock Performance
RDAC stock remained flat at $10.18 on Friday. 215 shares of the company traded hands, compared to its average volume of 29,758. The company's 50-day simple moving average is $10.17. Rising Dragon Acquisition Corp. - Ordinary Shares has a 1 year low of $9.99 and a 1 year high of $10.20.
Rising Dragon Acquisition Corp. - Ordinary Shares Profile
(
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.
Featured Stories
Before you consider Rising Dragon Acquisition Corp. - Ordinary Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rising Dragon Acquisition Corp. - Ordinary Shares wasn't on the list.
While Rising Dragon Acquisition Corp. - Ordinary Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
