D. E. Shaw & Co. Inc. Buys Shares of 273,125 Rising Dragon Acquisition Corp. – Ordinary Shares (NASDAQ:RDAC)

D. E. Shaw & Co. Inc. purchased a new position in shares of Rising Dragon Acquisition Corp. – Ordinary Shares (NASDAQ:RDAC) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 273,125 shares of the company’s stock, valued at approximately $2,737,000.

A number of other hedge funds have also modified their holdings of RDAC. TrueMark Investments LLC purchased a new position in shares of Rising Dragon Acquisition Corp. – Ordinary Shares during the 4th quarter worth $100,000. Heights Capital Management Inc. purchased a new position in shares of Rising Dragon Acquisition Corp. – Ordinary Shares during the 4th quarter worth $401,000. Warberg Asset Management LLC purchased a new position in shares of Rising Dragon Acquisition Corp. – Ordinary Shares during the 4th quarter worth $461,000. Bulldog Investors LLP purchased a new position in shares of Rising Dragon Acquisition Corp. – Ordinary Shares during the 4th quarter worth $1,002,000. Finally, Wolverine Asset Management LLC purchased a new position in shares of Rising Dragon Acquisition Corp. – Ordinary Shares during the 4th quarter worth $1,553,000.

Rising Dragon Acquisition Corp. – Ordinary Shares Price Performance

NASDAQ RDAC opened at $10.25 on Tuesday. Rising Dragon Acquisition Corp. – Ordinary Shares has a twelve month low of $9.99 and a twelve month high of $10.27. The business’s fifty day simple moving average is $10.21.

About Rising Dragon Acquisition Corp. – Ordinary Shares

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.