Rising Dragon Acquisition Corp. (RDAC) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
RDAC currently has 5.95M outstanding shares. with significant dilution risk as 5M authorized shares could dilute existing holders by 84.0%. The company has significantly diluted shareholders by 425.88% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 13, 2026 |
10-Q filing | 6.0M shares outstanding |
6M | 5M |
| Mar 30, 2026 |
10-K filing | 5.7M shares outstanding |
5.7M | 5M |
| Nov 05, 2025 |
10-Q filing | 7.5M shares outstanding |
7.5M | 5M |
| Aug 14, 2025 |
10-Q filing | 7.5M shares outstanding |
7.5M | 5M |
| May 14, 2025 |
10-Q filing | 7.5M shares outstanding |
7.5M | 5M |
| Mar 26, 2025 |
10-K filing | 7.5M shares outstanding |
7.5M | 5M |
| Jan 27, 2025 |
8-K filing: Rising Dragon Acquisition Corp. enters into a Merger Agreement with Xpand Boom Technology Inc. and HZJL Cayman Limited, where RDAC will merge with Purchaser, resulting in Purchaser acquiring 100% of HZJL's equity securities for $350 million in newly issued Purchaser Ordinary Shares valued at $10.00 per share. ($350.0M proceeds) |
7.5M | 5M |
| Nov 04, 2024 |
10-Q filing | 7.5M shares outstanding |
7.5M | 5M |
| Oct 18, 2024 |
8-K filing: Rising Dragon Acquisition Corp. consummated its initial public offering of 5,750,000 units at $10.00 per unit, generating gross proceeds of $57,500,000, and simultaneously consummated a private placement in which Aurora Beacon LLC purchased 254,375 private units at $10.00 per unit, generating gross proceeds of $2,543,750. ($60.04M proceeds) |
1.4M | 5M |
| Oct 15, 2024 |
8-K filing: Rising Dragon Acquisition Corp. consummated its IPO of 5,750,000 units at $10.00 per unit, generating gross proceeds of $57,500,000 and also consummated a private placement with the Sponsor of 254,375 units at $10.00 per Private Unit, generating total proceeds of $2,543,750. ($60.04M proceeds) |
1.4M | 5M |
| Sep 24, 2024 |
S-1/A filing: Rising Dragon Acquisition Corp. is offering 5,000,000 units at an offering price of $10.00 per unit, for a total of $50,000,000. |
1.4M | 5M |
| Sep 12, 2024 |
S-1/A filing: Rising Dragon Acquisition Corp. is offering 5,000,000 units at an offering price of $10.00, with each unit consisting of one ordinary share and one right to receive one-tenth of one ordinary share upon the consummation of an initial business combination. |
1.4M | 5M |
| Aug 23, 2024 |
S-1/A filing: Rising Dragon Acquisition Corp. is offering 5,000,000 units at $10.00 per unit, each unit consisting of one ordinary share and one right in an initial public offering. |
1.4M | 5M |
| Jul 10, 2024 |
S-1/A filing: Rising Dragon Acquisition Corp. is offering 5,000,000 units at $10.00 per unit in an initial public offering. Each unit consists of one ordinary share and one right, with each right entitling the holder to one-tenth of one ordinary share upon the consummation of an initial business combination. |
1.4M | 5M |
| Jun 07, 2024 |
S-1 filing: Rising Dragon Acquisition Corp. is offering 5,000,000 units at an offering price of $10.00 per unit in an initial public offering. |
1.4M | 5M |