DalsnaFinance › IPOs › Rising Dragon Acquisition Corp. IPO
Rising Dragon Acquisition Corp. completed its initial public offering on NASDAQ on October 11, 2024, pricing at $10.00 a share.
| Ticker | RDACU |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | October 11, 2024 |
| Offering price | $10.00 |
| Shares offered | 5,000,000 |
| Total raised | $50M |
Rising Dragon Acquisition Corp. sold 5,000,000 shares at $10.00 each on NASDAQ. Multiplied out, that is $50 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $50 million total recorded for the deal.
Measured by money raised, Rising Dragon Acquisition Corp. was tied for the 386th largest (level with 9 other deals) of 473 completed IPOs with a recorded deal size that this site tracks since October 5, 2024. The median deal in the same window raised $200 million.
Among the 342 listings on NASDAQ alone, it is tied for the 284th largest (level with 9 other listings).
October 2024 saw 18 completed IPOs in the site's data; by amount raised, Rising Dragon Acquisition Corp. was the 15th largest of the 18 deals with a recorded size.
Its $10.00 offer price was tied for the 146th highest (level with 259 other listings) of the 479 listings in the window with a recorded price. A share price on its own says nothing about a company's value; it depends on how many shares exist.
Source: SEC EDGAR filings for Rising Dragon Acquisition Corp.. This page is general information, not investment advice.