Rising Dragon Acquisition Corp. Issues $100,000 in Unsecured Promissory Notes to Extend Merger Deadline

Reuters
Jan 17
<a href="https://laohu8.com/S/RDACU">Rising Dragon Acquisition Corp.</a> Issues $100,000 in Unsecured Promissory Notes to Extend Merger Deadline

Rising Dragon Acquisition Corp. has entered into new financing arrangements by issuing two unsecured promissory notes, each valued at $50,000. The notes were issued on January 14, 2026, to Aurora Beacon LLC, the company’s sponsor, and SZG Limited, the designee of HZJL Cayman Limited. The notes do not bear interest and are set to mature upon the closing of Rising Dragon’s initial business combination. Proceeds from the notes have been placed in the company’s trust account to extend the deadline for completing the business combination until February 15, 2026. Holders of the notes may also opt to convert them into units of Rising Dragon at $10.00 per unit, identical to those issued in the company’s initial public offering.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rising Dragon Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-005140), on January 16, 2026, and is solely responsible for the information contained therein.

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