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Proposed Symbol | RDACU |
---|---|
Company Name | Rising Dragon Acquisition Corp. |
Exchange | NASDAQ Capital |
Share Price | $10.00 |
Employees | 2 (as of 10/11/2024) |
Status | Priced |
Shares Offered | 5,000,000 |
Offer amount | $50,000,000 |
Shares Over Alloted | |
Company Address | NO.604, YIXING ROAD WANBOLIN DISTRICT TAIYUAN CITY 030000 |
Company Phone | 86-18817777987 |
Company Website | www.ceribell.com |
CEO | Lulu Xing |
State of Inc | |
Fiscal Year End | 12-31 |
Total Offering Expense | $750,000.00 |
Shareholder Shares Offered | |
Shares Outstanding | 6,537,500 |
Lockup Period (days) | 180 |
Lockup Expiration | 2025-04-09 00:00:00 |
Quiet Period Expiration | 2024-11-20 00:00:00 |
CIK | 0002018145 |
DealId | 1298734-110398 |
We are a blank check company newly incorporated as a Cayman Islands exempted company on March 8, 2024. Exempted companies are Cayman Islands companies wishing to conduct business outside the Cayman Islands and, as such, are exempted from complying with certain provisions of the Companies Act. As an exempted company, we have applied for and received a tax exemption undertaking from the Cayman Islands government that, in accordance with section 6 of the Tax Concessions Act (As Revised) of the Cayman Islands, for a period of 30 years from the date of the undertaking, no law which is enacted in the Cayman Islands imposing any tax to be levied on profits, income, gains or appreciations shall apply to us or our operations and, in addition, that no tax to be levied on profits, income, gains or appreciations or which is in the nature of estate duty or inheritance tax shall be payable (i) on or in respect of our shares, debentures or other obligations or (ii) by way of the withholding in whole or in part of a payment of dividend or other distribution of income or capital by us to our shareholders or a payment of principal or interest or other sums due under a debenture or other obligation of us. We were incorporated 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 or entities, which we refer to as a “target business.” Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location. As such, although we are not targeting target companies in China, we may consider an initial business combination with an entity or business with a physical presence or other significant ties to China, including Hong Kong and Macau, which may subject the post-business combination business to the laws, regulations and policies of China. We do not have any specific business combination under consideration and we have not (nor has anyone on our behalf), directly or indirectly, contacted any prospective target business or had any substantive discussions, formal or otherwise, with respect to such a transaction with our company. --- Although there is no restriction or limitation on what industry our target operates in, it is our intention to pursue prospective targets that are focused on green and sustainable business, new energy, cutting-edge technologies, artificial intelligent applications, business software and health care products. We anticipate targeting what are traditionally known as “small cap” companies domiciled in North America, Europe and/or the Asia Pacific (“APAC”) regions that are developing assets in Asia, Europe and North America which aligns with our management team’s experience in operating emerging start-up companies. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region. As such, although we are not targeting target companies in China, we may consider an initial business combination with an entity or business with a physical presence or other significant ties to China, including Hong Kong and Macau, which may subject the post-business combination business to the laws, regulations and policies of China. At the time of preparing this prospectus, we have not identified any specific business combination, nor has anyone on our behalf initiated or engaged in any substantive discussions, formal or otherwise, related to such a transaction. Our efforts to date are limited to organizational activities related to this offering. --- Our executive offices are located at No. 604, Yixing Road, Wanbolin District, Taiyuan City, Shanxi Province, P.R. China, and our telephone number is +:+86-18817777987.