Rising Dragon Acquisition Corporation is a special purpose acquisition company (SPAC) incorporated in Delaware in 2020. The firm completed its initial public offering on the NASDAQ under the ticker symbol RDAC, raising capital to pursue a merger, share exchange, asset acquisition, or other business combination with one or more operating businesses. As a blank check company, Rising Dragon Acquisition leverages its sponsors’ expertise and balance sheet flexibility to identify compelling opportunities in its target sectors.
The company focuses on next-generation consumer and technology-enabled enterprises, particularly those with strong growth potential in e-commerce, digital marketing, brand building and cross-border trade. By partnering with consumer internet and tech companies, Rising Dragon Acquisition aims to accelerate market expansion and product innovation. The firm seeks businesses with differentiated offerings in areas such as online retail platforms, direct-to-consumer brands, logistics services and data-driven marketing solutions.
Rising Dragon Acquisition places an emphasis on businesses operating in Greater China while also supporting cross-border strategies into North American and Asia-Pacific markets. Through its dual-office presence in New York City and Shanghai, the company’s management team maintains close proximity to both investors and emerging growth companies. Its cross-border network provides portfolio companies with access to strategic partners, distribution channels and capital sources across multiple regions.
The leadership team is led by Chairman and CEO Martin Liu, a former investment banker with extensive experience advising consumer internet clients, and CFO Irene Yuan, who previously served in senior finance roles at global technology firms. Rounding out the board are industry veterans such as James Tseng, a retired senior executive from a leading Asian e-commerce platform, and Sophia Chen, a veteran marketer with a track record of building direct-to-consumer brands. Together, the team brings a blend of financial, operational and sector-specific expertise to support Rising Dragon Acquisition’s mission of creating long-term shareholder value.
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