Rising Dragon Acquisition Corp. Receives Nasdaq Notice of Listing Deficiency

What Happened
Rising Dragon Acquisition Corp. announced it received a written notice from Nasdaq on August 19, 2026, stating its Market Value of Listed Securities (MVLS) has been below the $35.0 million minimum required under Nasdaq Listing Rule 5550(b)(2) for the last 30 consecutive business days. Nasdaq also noted the Company does not meet the Equity Standard (Rule 5550(b)(1)) or the Net Income Standard (Rule 5550(b)(3)). The notice does not remove the Company’s listing immediately; instead Nasdaq has given the Company a 180-calendar-day compliance period.

Key Details

• Notice date: August 19, 2026.
• MVLS threshold: $35.0 million required under Nasdaq Listing Rule 5550(b)(2).
• Compliance period: 180 calendar days from the notice, ending February 16, 2027.
• Regain requirement: MVLS must close at or above $35.0 million for at least 10 consecutive business days to regain compliance (subject to Nasdaq discretion).
• If noncompliant by the Compliance Date, Nasdaq will notify the Company that its securities are subject to delisting; the Company may appeal to a Hearings Panel.
• The Company said it will monitor MVLS and may evaluate options to regain compliance or meet alternative Nasdaq criteria.

Why It Matters
This notice signals a material listing risk: if Rising Dragon fails to meet Nasdaq’s standards by February 16, 2027, its shares could be subject to delisting, which can affect trading liquidity and investor access. For now, the shares remain listed and trade normally. Investors should watch company updates on MVLS, any corrective actions the company announces, and possible appeals or remediation efforts. The filing also includes standard forward-looking statement disclaimers about uncertainties and risks.