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Loeb & Loeb represented Rising Dragon Acquisition Corp., a blank-check company based in Asia, in its cross-border initial public offering of 5,750,000 units, including the full exercise of the underwriters’ option to purchase up to an additional 750,000 units to cover over-allotments, at $10 per unit on the Nasdaq Capital Market.
The units began trading under the ticker symbol “RDACU” on October 11, 2024, and closed on October 15. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols “RDAC” and “RDACR,” respectively.
Loeb’s dedicated team leveraged diverse experience to structure the transaction and guide Rising Dragon Acquisition Corp. through the complex regulatory landscape. The Loeb team included Capital Markets partner David Levine, senior counsel Vivien Bai and associate Olivia Wang.
For more information, please see Rising Dragon Acquisition Corp.’s press release.
The units began trading under the ticker symbol “RDACU” on October 11, 2024, and closed on October 15. Once the securities comprising the units begin separate trading, the ordinary shares and rights are expected to be listed on Nasdaq under the symbols “RDAC” and “RDACR,” respectively.
Loeb’s dedicated team leveraged diverse experience to structure the transaction and guide Rising Dragon Acquisition Corp. through the complex regulatory landscape. The Loeb team included Capital Markets partner David Levine, senior counsel Vivien Bai and associate Olivia Wang.
For more information, please see Rising Dragon Acquisition Corp.’s press release.
