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Boothbay Fund Management LLC Invests $3.59 Million in Rising Dragon Acquisition Corp. - Ordinary Shares (NASDAQ:RDAC)

Boothbay Fund Management LLC Invests $3.59 Million in Rising Dragon Acquisition Corp. - Ordinary Shares (NASDAQ:RDAC)

Boothbay Fund Management LLC bought a new position in shares of Rising Dragon Acquisition Corp. - Ordinary Shares (NASDAQ:RDAC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 358,000 shares of the company's stock, valued at approximately $3,587,000. Boothbay Fund Management LLC owned about 4.77% of Rising Dragon Acquisition Corp. - Ordinary Shares as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TrueMark Investments LLC acquired a new position in shares of Rising Dragon Acquisition Corp. - Ordinary Shares in the 4th quarter valued at $100,000. Heights Capital Management Inc. acquired a new position in Rising Dragon Acquisition Corp. - Ordinary Shares during the fourth quarter worth approximately $401,000. Warberg Asset Management LLC purchased a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares in the fourth quarter valued at approximately $461,000. Wolverine Asset Management LLC acquired a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares in the fourth quarter valued at approximately $1,553,000. Finally, ATW Spac Management LLC purchased a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares in the 4th quarter valued at $3,587,000.

Rising Dragon Acquisition Corp. - Ordinary Shares Stock Performance

NASDAQ RDAC traded up $0.02 during trading on Thursday, reaching $10.23. The company's stock had a trading volume of 7,359 shares, compared to its average volume of 30,963. The business's fifty day moving average is $10.18. Rising Dragon Acquisition Corp. - Ordinary Shares has a twelve month low of $9.99 and a twelve month high of $10.23.

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.

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Institutional Ownership by Quarter for Rising Dragon Acquisition Corp. - Ordinary Shares (NASDAQ:RDAC)

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