ATW Spac Management LLC Takes $3.59 Million Position in Rising Dragon Acquisition Corp. – Ordinary Shares (NASDAQ:RDAC)

ATW Spac Management LLC acquired a new position in Rising Dragon Acquisition Corp. – Ordinary Shares (NASDAQ:RDAC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 358,000 shares of the company’s stock, valued at approximately $3,587,000. Rising Dragon Acquisition Corp. – Ordinary Shares comprises approximately 6.6% of ATW Spac Management LLC’s holdings, making the stock its 4th largest position. ATW Spac Management LLC owned 4.77% of Rising Dragon Acquisition Corp. – Ordinary Shares at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. TrueMark Investments LLC bought a new stake in shares of Rising Dragon Acquisition Corp. – Ordinary Shares during the 4th quarter worth about $100,000. Wolverine Asset Management LLC bought a new stake in Rising Dragon Acquisition Corp. – Ordinary Shares during the fourth quarter worth approximately $1,553,000. Finally, Mizuho Securities USA LLC acquired a new position in Rising Dragon Acquisition Corp. – Ordinary Shares during the fourth quarter valued at approximately $5,756,000.

Rising Dragon Acquisition Corp. – Ordinary Shares Price Performance

Shares of Rising Dragon Acquisition Corp. – Ordinary Shares stock opened at $10.20 on Friday. The business has a fifty day moving average price of $10.11. Rising Dragon Acquisition Corp. – Ordinary Shares has a 1-year low of $9.99 and a 1-year high of $10.20.

Rising Dragon Acquisition Corp. – Ordinary Shares Profile

Rising Dragon Acquisition Corp. operates as a blank check company. It was formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company was founded on March 8, 2024 and is headquartered in Taiyuan, China.