---
title: "Rising Dragon Acquisition Amends Trust Agreement to Extend Deadline Through Oct 2027; $75,828/Month"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288253429.md"
description: "Rising Dragon Acquisition amended its Trust Agreement to extend the business combination deadline from July 2026 to October 15, 2027. The amendment allows up to fifteen one-month extensions, each requiring a fee of $75,828.46 per month following redemptions. Signed on May 28, 2026, with Continental Stock Transfer & Trust, this change provides additional time to complete a merger."
datetime: "2026-06-01T10:13:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288253429.md)
  - [en](https://longbridge.com/en/news/288253429.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288253429.md)
generator: "portal-rs"
---

# Rising Dragon Acquisition Amends Trust Agreement to Extend Deadline Through Oct 2027; $75,828/Month

Rising Dragon Acquisition entered into an amendment to its Investment Management Trust Agreement to allow up to fifteen one-month extensions of its business combination deadline, moving the outside date from July 15, 2026 to October 15, 2027. Each extension requires a Monthly Extension Fee equal to the lesser of $100,000 or $0.033 per remaining public share; following redemptions, the fee will be $75,828.46 per month. The amendment, signed May 28, 2026 with Continental Stock Transfer & Trust, is intended to provide additional time to complete a business combination.

**Agreement details:**

-   **Agreement type**: Amendment to Investment Management Trust Agreement
-   **Counterparty**: Continental Stock Transfer & Trust
-   **Signed / Effective**: May 28 2026 / May 28 2026
-   **Duration / Termination**: Up to 15 months, through Oct 15 2027
-   **Reason**: Extend SPAC deadline while pursuing a business combination

Original SEC Filing: Rising Dragon Acquisition Corp. \[ RDAC \] - 8-K - Jun. 01, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**