# Rising Dragon Acquisition Corp. (RDACU) — delisting/forced [announced]
Source: sec.gov · situation sit_03e1e94ce78245ff28a5 · public 3834049468988876318 · retrieved 2026-08-22T04:53:22.775Z

## Overview
Rising Dragon Acquisition Corp. is a blank-check company incorporated in the Cayman Islands and listed on Nasdaq.

On August 19, 2026, Rising Dragon Acquisition Corp. received a delisting notice from Nasdaq's Listing Qualifications Department. The company's Market Value of Listed Securities (MVLS) fell below the $35 million minimum required for continued listing on the Nasdaq Capital Market under Listing Rule 5550(b)(2). The company also does not meet the Equity Standard (Rule 5550(b)(1)) or Net Income Standard (Rule 5550(b)(3)). Nasdaq has granted a 180-calendar-day compliance period ending February 16, 2027, during which the company's securities will continue to trade. If the company's MVLS closes at or above $35 million for a minimum of 10 consecutive business days before the compliance date, Nasdaq will notify the company that it has regained compliance and close the matter. If compliance is not achieved by February 16, 2027, the company will receive a delisting notification and may appeal to a Hearings Panel.

## Terms
- Counterparty: The Nasdaq Stock Market LLC · Deal value: $35.0M

## Key dates
- Announced 2026-08-20 · Expiry 2027-02-16 · Expected close 2027-02-16

## Timeline
- 2026-08-20 · 8-K (0001213900-26-091870): 8-K - Rising Dragon Acquisition Corp. — *Rising Dragon Acquisition Corp. is a blank-check company incorporated in the Cayman Islands and listed on Nasdaq.* On August 19, 2026, Rising Dragon Acquisition Corp. received a delisting notice from Nasdaq's Listing Qualifications Department. The company's Market Value of Listed Securities (MVLS) fell below the $35 million minimum required for continued listing on the Nasdaq Capital Market under Listing Rule 5550(b)(2). The company also does not meet the Equity Standard (Rule 5550(b)(1)) or Net Income Standard (Rule 5550(b)(3)). Nasdaq has granted a 180-calendar-day compliance period ending February 16, 2027, during which the company's securities will continue to trade. If the company's MVLS closes at or above $35 million for a minimum of 10 consecutive business days before the compliance date, Nasdaq will notify the company that it has regained compliance and close the matter. If compliance is not achieved by February 16, 2027, the company will receive a delisting notification and may appeal to a Hearings Panel.
  https://www.sec.gov/Archives/edgar/data/2018145/0001213900-26-091870.txt

## Citations
- 0001213900-26-091870 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026091870