Lulu Xing - Oct 15, 2024 Form 4 Insider Report for Rising Dragon Acquisition Corp. (RDAC)

Signature
/s/ Lulu Xing
Stock symbol
RDAC
Transactions as of
Oct 15, 2024
Transactions value $
$0
Form type
4
Date filed
10/15/2024, 09:23 PM
Previous filing
Oct 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDAC Ordinary Share, par value $0.0001 per share Purchase +254K +17.7% 1.69M Oct 15, 2024 Held by Aurora Beacon LLC F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDAC Rights to receive Ordinary Shares Purchase +254K 254K Oct 15, 2024 Ordinary Share, par value $0.0001 per share 25.4K Held by Aurora Beacon LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the 254,375 private units owned by Aurora Beacon LLC, the Issuer's sponsor. The private units consist of ordinary shares and rights. The private units were purchased at $10 per unit for an aggregate purchase price of $2,543,750. Mr. Lulu Xing is the director of Aurora Beacon LLC. Mr. Xing has voting and dispositive power over the shares held of record by Aurora Beacon LLC. Mr. Xing disclaims any beneficial ownership of the shares held by Aurora Beacon LLC, except to the extent of his pecuniary interest therein.
F2 The rights convert automatically into ordinary shares at the completion of the Issuer's initial business combination.