Rising Dragon secures $55,637.41 in interest-free financing from SZG, Aurora Beacon
RDAC•Rising Dragon Acquisition issued $55,637.41 in interest-free promissory notes on October 15, 2026, including $11,188.68 from SZG and $44,448.73 from sponsor Aurora Beacon. The proceeds were deposited in its trust account to extend the business combination deadline to November 15, 2026.
1. Financing terms
The unsecured notes become payable when Rising Dragon Acquisition completes its initial business combination. Holders may convert all or part of the notes into private units at $10 per unit by providing at least five business days’ written notice before closing.
