Rising Dragon (RDAC) amendment shows 0.00% ownership
Rising Dragon Acquisition Corp. amendment to a Schedule 13G/A states that RiverNorth Capital Management, LLC reports 0 shares beneficially owned of Ordinary Shares (CUSIP G7576K107), representing 0.00% of the class.
Rhea-AI Filing Summary
Rising Dragon Acquisition Corp. amendment to a Schedule 13G/A states that RiverNorth Capital Management, LLC reports 0 shares beneficially owned of Ordinary Shares (CUSIP G7576K107), representing 0.00% of the class. The filing lists voting and dispositive powers as zero and is signed by Marcus Collins on 07/09/2026.
Positive
- None.
Negative
- None.
Insights
Administrative disclosure confirming no beneficial ownership.
The amendment documents RiverNorth's reported beneficial ownership as 0 shares and 0.00% of Ordinary Shares (CUSIP G7576K107). It lists zero voting and dispositive powers and includes standard Schedule 13G/A language on ownership thresholds.
The filing appears procedural; timing and cash‑flow treatment are not relevant here. Subsequent filings would show any change in holdings.
Routine update with no shareholder overhang.
The filing clarifies that RiverNorth does not beneficially own shares and therefore holds no reported influence over the equity class. The document includes a CUSIP (G7576K107) and an issuer address for reference.
Market impact is neutral; this is an administrative disclosure rather than a transaction.
Key Figures
Key Terms
Amount beneficially owned regulatory
Dispositive Power regulatory
Investment Company Act of 1940 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Rising Dragon (RDAC) Schedule 13G/A amendment say?
Does RiverNorth hold voting control in RDAC after this filing?
Who signed the Schedule 13G/A amendment for RDAC?
Is the RiverNorth filing indicative of an ownership change in RDAC?
What CUSIP and issuer address are listed in the filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.