Karpus amends 13G: Rising Dragon Acquisition (RDAC) shows 0% stake
Rhea-AI Filing Summary
Rising Dragon Acquisition Corp. received Amendment No. 3 to a Schedule 13G/A from Karpus Management, Inc., which states 0.00 shares beneficially owned representing 0.00% of the common stock (CUSIP G7576K107) as of 06/30/2026. The amendment is signed by the reporting person’s Chief Compliance Officer.
Positive
- None.
Negative
- None.
Insights
Amendment records no ownership; signals no institutional stake.
Karpus Management filed Amendment No. 3 to a Schedule 13G/A indicating 0.00 shares beneficially owned, 0.00% of the class as of 06/30/2026. This filing documents that the adviser’s managed accounts hold no reportable position in the CUSIP shown.
Investor impact is neutral: the filing neither creates ownership overhang nor discloses a new buying interest. Subsequent filings would be required to show any position change.
Filing clarifies reporting status under beneficial ownership rules.
The statement identifies the filer as Karpus Management, a registered investment adviser, and notes informational barriers with its parent. It affirms ownership is held in managed accounts and that beneficial ownership attribution to the parent is not required under the cited SEC release.
From a compliance viewpoint, the amendment documents status and preserves disclosure traceability; no further action is implied by this excerpt.
Key Figures
Key Terms
Schedule 13G/A regulatory
Beneficially owned regulatory
CUSIP financial
Informational barriers regulatory
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