Westchester Capital Management LLC acquired a new stake in 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 institutional investor acquired 367,500 shares of the company's stock, valued at approximately $3,682,000. Westchester Capital Management LLC owned 4.90% of Rising Dragon Acquisition Corp. - Ordinary Shares as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Heights Capital Management Inc. purchased a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares during the fourth quarter valued at $401,000. Warberg Asset Management LLC purchased a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares during the fourth quarter valued at $461,000. ATW Spac Management LLC purchased a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares during the fourth quarter valued at $3,587,000. TrueMark Investments LLC purchased a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares during the fourth quarter valued at $100,000. Finally, Mizuho Securities USA LLC purchased a new stake in shares of Rising Dragon Acquisition Corp. - Ordinary Shares during the fourth quarter valued at $5,756,000.
Rising Dragon Acquisition Corp. - Ordinary Shares Stock Down 0.1 %
Shares of NASDAQ RDAC traded down $0.01 during mid-day trading on Wednesday, hitting $10.20. 3,686 shares of the company traded hands, compared to its average volume of 31,573. Rising Dragon Acquisition Corp. - Ordinary Shares has a 1 year low of $9.99 and a 1 year high of $10.21. The business's 50 day moving average is $10.17.
About Rising Dragon Acquisition Corp. - Ordinary Shares
(
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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