For the quarter ending 2025-09-30, RDACU has $60,164,076 in assets. $1,963,935 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Prepaid expense | - | 21,000 | ||
| Cash | 5,620 | 83,406 | ||
| Total current assets | 5,620 | 104,406 | ||
| Investment held in trust account | 60,158,456 | 59,536,150 | ||
| Total assets | 60,164,076 | 59,640,556 | ||
| Accrued liabilities | 25,315 | 21,113 | ||
| Promissory notes related party-Related Party | 50,000 | - | ||
| Due to related party-Related Party | 19,870 | 2,870 | ||
| Total current liabilities | 95,185 | 23,983 | ||
| Deferred underwriting compensation | 1,868,750 | 1,868,750 | ||
| Total liabilities | 1,963,935 | 1,892,733 | ||
| Ordinary shares subject to possible redemption, 5,750,000 and 5,750,000 shares issued and outstanding at redemption value of 10.46 and 10.14 as of september 30, 2025 and december 31, 2024, respectively | 60,158,456 | 59,536,150 | ||
| Ordinary shares, 0.0001 par value 55,000,000 shares authorized 1,749,375 shares issued and outstanding as of september 30, 2025 and december 31, 2024 (excluding 5,750,000 and 5,750,000 shares subject to possible redemption), respectively | 175 | 175 | ||
| Accumulated deficit | -1,958,490 | -1,788,502 | ||
| Total shareholders deficit | -1,958,315 | -1,788,327 | ||
| Total liabilities, temporary equity and shareholders deficit | 60,164,076 | 59,640,556 | ||
Rising Dragon Acquisition Corp. (RDACU)
Rising Dragon Acquisition Corp. (RDACU)