Rising Dragon Acquisition Corporation (RDAC) to Combine with HZJL Cayman in $350M Deal

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Rising Dragon Acquisition Corporation (RDAC) to Combine with HZJL Cayman in $350M Deal


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Rising Dragon (NASDAQ:RDAC) has entered into a definitive agreement to combine with logistics technology firm HZJL Cayman for $350 million in initial share consideration. Hangzhou, China-based HZJL provides marketing services for small and medium-sized businesses through an online software application. The combined company is expected to trade on the Nasdaq. Transaction Overview Rising Dragon has
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