D. E. Shaw & Co. Inc. 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 filing with the Securities and Exchange Commission (SEC). The firm bought 273,125 shares of the company's stock, valued at approximately $2,737,000. D. E. Shaw & Co. Inc. owned approximately 3.64% 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 RDAC. Mizuho Securities USA LLC bought a new position in Rising Dragon Acquisition Corp. - Ordinary Shares during the fourth quarter valued at approximately $5,756,000. AQR Arbitrage LLC bought a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter worth approximately $4,363,000. Westchester Capital Management LLC bought a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter worth approximately $3,682,000. Boothbay Fund Management LLC bought a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter worth approximately $3,587,000. Finally, ATW Spac Management LLC purchased a new position in Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter worth $3,587,000.
Rising Dragon Acquisition Corp. - Ordinary Shares Trading Up 0.2%
Shares of NASDAQ:RDAC traded up $0.02 on Friday, reaching $10.26. The company had a trading volume of 1,224 shares, compared to its average volume of 22,888. Rising Dragon Acquisition Corp. - Ordinary Shares has a 52-week low of $9.99 and a 52-week high of $10.27. The business has a 50 day moving average of $10.21.
Rising Dragon Acquisition Corp. - Ordinary Shares Profile
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Free Report)
Rising Dragon Acquisition Corp. is 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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