AQR Arbitrage LLC purchased a new position 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 SEC. The institutional investor purchased 435,382 shares of the company's stock, valued at approximately $4,363,000. AQR Arbitrage LLC owned 5.81% of Rising Dragon Acquisition Corp. - Ordinary Shares at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the business. Wolverine Asset Management LLC acquired a new position in Rising Dragon Acquisition Corp. - Ordinary Shares in the fourth quarter valued at approximately $1,553,000. Warberg Asset Management LLC purchased a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter worth approximately $461,000. Heights Capital Management Inc. acquired a new position in Rising Dragon Acquisition Corp. - Ordinary Shares in the 4th quarter valued at $401,000. ATW Spac Management LLC purchased a new position in shares of Rising Dragon Acquisition Corp. - Ordinary Shares in the fourth quarter worth about $3,587,000. Finally, Mizuho Securities USA LLC purchased a new position in Rising Dragon Acquisition Corp. - Ordinary Shares in the 4th quarter worth approximately $5,756,000.
Rising Dragon Acquisition Corp. - Ordinary Shares Stock Down 0.2 %
NASDAQ:RDAC traded down $0.02 during trading hours on Friday, hitting $10.21. The company had a trading volume of 3,242 shares, compared to its average volume of 30,269. Rising Dragon Acquisition Corp. - Ordinary Shares has a 1 year low of $9.99 and a 1 year high of $10.23. The business's 50-day moving average price is $10.18.
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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