Polar Asset Management Partners Inc. purchased a new position in shares of Rising Dragon Acquisition Corp. - Ordinary Shares (NASDAQ:RDAC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 modified their holdings of RDAC. TrueMark Investments LLC acquired a new position in shares of Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter worth approximately $100,000. Heights Capital Management Inc. acquired a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter worth $401,000. Warberg Asset Management LLC purchased a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter worth $461,000. Bulldog Investors LLP purchased a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter worth $1,002,000. Finally, Wolverine Asset Management LLC purchased a new stake in Rising Dragon Acquisition Corp. - Ordinary Shares during the 4th quarter worth $1,553,000.
Rising Dragon Acquisition Corp. - Ordinary Shares Price Performance
NASDAQ:RDAC traded up $0.01 on Wednesday, reaching $10.26. The stock had a trading volume of 1,432 shares, compared to its average volume of 23,687. The stock's 50-day moving average price is $10.21. Rising Dragon Acquisition Corp. - Ordinary Shares has a 12-month low of $9.99 and a 12-month high of $10.27.
Rising Dragon Acquisition Corp. - Ordinary Shares Company 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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