[SCHEDULE 13G] Rising Dragon Acquisition Corp. Unit SEC Filing

Rhea-AI Filing Summary

RiverNorth Capital Management, LLC reports beneficial ownership of 495,000 Ordinary Shares of Rising Dragon Acquisition Corp, equal to 6.6% of the class. The filer states it has sole voting and sole dispositive power over all 495,000 shares, meaning it can vote and sell those shares without sharing authority. The filing identifies the filer as an investment adviser (IA) and includes a certification that the securities are held in the ordinary course of business and not to change or influence control. The filing also notes other persons have rights to receive proceeds from sale of the reported securities.

Positive

• Disclosed ownership exceeds 5% threshold, reporting 495,000 shares (6.6%).
• Sole voting and dispositive power reported for all 495,000 shares, clarifying control over voting and disposition.

Negative

• Filing notes other persons have rights to receive proceeds from sale of the reported securities, which may indicate indirect economic interests or custodial arrangements.

Insights

Securities Analyst

TL;DR: A registered investment adviser disclosed a meaningful 6.6% passive stake with full voting and dispositive authority over 495,000 shares.

The filing meets the regulatory threshold for disclosure and signals a notable non-controlling position. The combination of >5% ownership and sole voting/dispositive power gives RiverNorth operational control over how these shares are voted and sold, but the filer’s certification states the shares are held in the ordinary course and not to influence control. This disclosure is material for shareholder ownership tracking but does not, on its face, indicate a change in corporate governance or control intent.

Corporate Governance Expert

TL;DR: The schedule shows significant ownership but not a controlling stake; governance impact appears limited absent further filings.

From a governance perspective, sole voting power over 6.6% of the class allows RiverNorth to vote its block independently, which can matter in close votes. However, the filer disclaims any intent to change or influence control, and the record notes other persons may receive sale proceeds, suggesting possible custodial or client arrangements. Additional filings or disclosures would be needed to assess persistent governance influence.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Rising Dragon Acquisition Corp.

(Name of Issuer)

Ordinary Shares

(Title of Class of Securities)

G7576K107

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G7576K107

1

Names of Reporting Persons

RIVERNORTH CAPITAL MANAGEMENT, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 495,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 495,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

495,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Rising Dragon Acquisition Corp.
(b)	Address of issuer's principal executive offices: NO.604, YIXING ROAD, WANBOLIN DISTRICT, TAIYUAN CITY, F4, 030000
Item 2.
(a)	Name of person filing: RiverNorth Capital Management, LLC
(b)	Address or principal business office or, if none, residence: 360 S. Rosemary Avenue, Ste. 1420 West Palm Beach, Florida 33401
(c)	Citizenship: Delaware
(d)	Title of class of securities: Ordinary Shares
(e)	CUSIP No.: G7576K107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 495,000
(b)	Percent of class: 6.60 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 495,000
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 495,000
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Other persons have the right to receive the proceeds from the sale of the securities reported herein.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Not applicable.
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. Not applicable.
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not applicable.

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

RIVERNORTH CAPITAL MANAGEMENT, LLC

Signature:	/s/ Marcus Collins
Name/Title:	Marcus Collins, General Counsel and Chief Compliance Officer
Date:	08/14/2025

FAQ

Who filed the Schedule 13G for Rising Dragon (RDACU)?

RiverNorth Capital Management, LLC filed the Schedule 13G as the reporting person.

How many Rising Dragon (RDACU) shares does RiverNorth report owning?

495,000 ordinary shares are reported as beneficially owned by RiverNorth.

What percentage of Rising Dragon (RDACU) does this ownership represent?

6.6% of the class is reported as beneficially owned.

Does RiverNorth have voting or dispositive power over the shares?

Yes, the filing reports sole voting power and sole dispositive power for all 495,000 shares.

Is the filer an investment adviser?

Yes, the filer is identified as an investment adviser (IA) in the filing.

Does the filing state an intent to influence control of Rising Dragon (RDACU)?

No. The filing includes a certification that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control.