Monitor RDAC for any announcement of a business combination, capital infusion, or reverse stock split to regain compliance. Failure to act by February 16, 2027, will likely lead to delisting, severely reducing liquidity and institutional ownership.
Price Chart
Executive Summary
Rising Dragon Acquisition Corp. (RDAC) received a Nasdaq delisting notice on August 19, 2026, because its Market Value of Listed Securities (MVLS) has been below the $35 million minimum for 30 consecutive business days. The company has until February 16, 2027, to regain compliance, but it also fails to meet alternative equity and net income standards, creating a material risk of eventual delisting for this blank-check company.
Key Facts
- Nasdaq notified RDAC that its MVLS was below the $35 million minimum for 30 consecutive business days.
- The company also fails to meet Nasdaq's Equity Standard (Rule 5550(b)(1)) and Net Income Standard (Rule 5550(b)(3)).
- RDAC has 180 calendar days, until February 16, 2027, to regain compliance with the Market Value Standard.
- If compliance is not regained by the deadline, Nasdaq will issue a delisting notice, which the company may appeal.
- The company stated it intends to monitor its MVLS and may evaluate options to regain compliance, but provided no specific plan.
Financial Impact
Delisting risk for a SPAC with no stated operating revenue or business combination; MVLS below $35 million threshold.
Risk Factors
- Failure to regain compliance by February 16, 2027, will result in Nasdaq delisting.
- No specific plan or timeline to address the deficiency has been provided.
- As a blank-check company without an announced business combination, the path to compliance is uncertain.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-091870 |
| Document: 0001213900-26-091870-index-headers.html | 0001213900-26-091870 |
| Document: 0001213900-26-091870-index.html | 0001213900-26-091870 |
| Document: 0001213900-26-091870.txt | 0001213900-26-091870 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 14d ago | 8-K | $5.43 | awaiting T+20 | — | $5.15 (−5.15%) |
Aug 20, 2026 9w ago | 8-K | $7.00 $5.64 | ▲ +19.43% | ▲ +19.43% | $5.15 (+26.43%) |
US Market Status
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