Polar Asset Management Partners Inc. purchased a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares (NASDAQ:RDAC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 500,000 shares of the company's stock, valued at approximately $5,010,000. Polar Asset Management Partners Inc. owned approximately 6.67% of Rising Dragon Acquisition Corp. - Ordinary Shares at the end of the most recent reporting period.
Several other institutional investors have also recently bought and sold shares of the stock. TrueMark Investments LLC acquired a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares in the 4th quarter valued at $100,000. Heights Capital Management Inc. bought a new position in Rising Dragon Acquisition Corp. - Ordinary Shares in the fourth quarter valued at about $401,000. Warberg Asset Management LLC acquired a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares in the fourth quarter worth about $461,000. Bulldog Investors LLP bought a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter worth about $1,002,000. Finally, Two Sigma Investments LP acquired a new position in Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter valued at about $1,252,000.
Rising Dragon Acquisition Corp. - Ordinary Shares Price Performance
Shares of NASDAQ RDAC remained flat at $10.26 during mid-day trading on Friday. 12,001 shares of the stock traded hands, compared to its average volume of 22,798. Rising Dragon Acquisition Corp. - Ordinary Shares has a one year low of $9.99 and a one year high of $10.27. The stock's 50 day moving average price is $10.22.
About Rising Dragon Acquisition Corp. - Ordinary Shares
(
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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