For the year ending 2025-12-31, RDAC has $44,425,757 in assets. $2,288,029 in debts.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash | 37,174 | |||
| Total current assets | 37,174 | |||
| Investment held in trust account | 44,388,583 | |||
| Total assets | 44,425,757 | |||
| Accrued liabilities | 114,310 | |||
| Promissory note related party | 100,000 | |||
| Due to related party | 204,969 | |||
| Total current liabilities | 419,279 | |||
| Deferred underwriting compensation | 1,868,750 | |||
| Total liabilities | 2,288,029 | |||
| Ordinary shares subject to possible redemption, 4,201,655 and 5,750,000 shares issued and outstanding at redemption value of 10.56 and 10.14 as of december 31, 2025 and 2024, respectively | 44,388,583 | |||
| Ordinary shares, 0.0001 par value 55,000,000 shares authorized 1,749,375 shares issued and outstanding as of december 31, 2025 and 2024 (excluding 4,201,655 and 5,750,000 shares subject to possible redemption) | 175 | |||
| Accumulated deficit | -2,251,030 | |||
| Total shareholders deficit | -2,250,855 | |||
| Total liabilities and shareholders deficit | 44,425,757 | |||
Rising Dragon Acquisition Corp. (RDAC)
Rising Dragon Acquisition Corp. (RDAC)