Rising Dragon Acquisition Corp. has entered into agreements to issue promissory notes totaling $55,637.41 to extend the time available to complete its initial business combination. The filing, dated October 15, 2026, details the issuance of two separate unsecured notes.
The first note, in the principal amount of $11,188.68, was issued to SZG Limited. This entity is the designee of HZJL Cayman Limited, which is the counterparty to a previously announced merger agreement. The second note, in the principal amount of $44,448.73, was issued to Aurora Beacon LLC, which is identified as the Company’s sponsor.
The Notes do not bear interest and are payable in full on the date the Company consummates its initial business combination. The proceeds from these notes have been deposited into the Company’s trust account to facilitate the extension of the deadline for the business combination. This deadline has been extended to November 15, 2026.
Additionally, the holders of the Notes have the option to convert their debt into private units of the Company. This conversion is permitted upon providing at least five business days’ written notice prior to the closing of the business combination, at a conversion price of $10.00 per unit.
