Rising Dragon Acquisition Corp. ended its merger agreement with HZJL Cayman Limited, effective immediately.

Nov 3, 2026, 10:06 AM ETDealRead the original at SEC EDGAR

Bad for RDAC

RDAC ended its planned merger with HZJL, losing its announced route to combine. It plans to seek another target, owes no termination fee, and pays the notes only if a later deal closes, but no replacement is reported.

RDAC · Rising Dragon Acquisition Corp.

AI read · Bad for RDAC

The AI's read

RDAC now needs another target to complete a deal. The company says it will keep searching. No termination fee is due, and the notes are canceled if RDAC fails to complete a later deal. Those protections soften the loss, but no replacement is reported.

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