UBS Group (RDAC) discloses 5.45% beneficial stake in Rising Dragon Acquisition common stock
Rhea-AI Filing Summary
UBS Group AG, together with its wholly owned subsidiary UBS Securities LLC, reports beneficial ownership of common stock of Rising Dragon Acquisition Corp..
UBS reports beneficial ownership of 324,628 shares of common stock, representing 5.45% of the class. UBS has shared power to vote 324,628 shares and shared power to dispose of 174 shares, with no sole voting or dispositive power reported.
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Key Figures
Shares beneficially owned: 324,628 shares
Percent of class: 5.45%
Shared voting power: 324,628 shares
+1 more
4 metrics
Shares beneficially owned
324,628 shares
Common stock of Rising Dragon Acquisition Corp. reported by UBS Group
Percent of class
5.45%
Portion of Rising Dragon Acquisition Corp. common stock beneficially owned
Shared voting power
324,628 shares
Shares over which UBS has shared power to vote or direct the vote
Shared dispositive power
174 shares
Shares over which UBS has shared power to dispose or direct disposition
Key Terms
beneficially owned, shared voting power, shared dispositive power, parent holding company, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 324,628"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
parent holding company regulatory
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13G regulatory
"This statement on is being filed by UBS Group AG"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What dispositive power does UBS Group report over RDAC common stock?
UBS Group reports shared dispositive power over 174 shares of Rising Dragon Acquisition Corp. common stock and no sole dispositive power, limiting the shares it can direct to sell or otherwise dispose of.
Which UBS entities are included in the RDAC Schedule 13G filing?
The Schedule 13G is filed by UBS Group AG on behalf of itself and its wholly owned subsidiary UBS Securities LLC, which together hold the reported beneficial ownership in Rising Dragon Acquisition Corp.