RDAC · Rising Dragon Acquisition Corp

Rising Dragon Acquisition Corp. (RDAC) mutually terminated its merger agreement with HZJL Cayman Limited, effective October 30, 2026. No termination fee was paid by any party. The SPAC will continue to seek an initial business combination; outstanding promissory notes of $455,919.41 survive and are payable only upon a future business combination.

• Merger agreement dated January 27, 2025 with HZJL Cayman Limited was mutually terminated on October 30, 2026.
• No termination fee was paid by any party.
• Mutual releases were exchanged, subject to exceptions for willful breach, fraud, and the Subject Promissory Notes.
• Unsecured promissory notes totaling $455,919.41 (issued to SZG Limited and Aurora Beacon LLC) survive termination and are payable only upon a future business combination.