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RDAC
Upturn stock ratingUpturn stock rating

Rising Dragon Acquisition Corp. Ordinary Shares (RDAC)

Upturn stock ratingUpturn stock rating
$10.36
Last Close (24-hour delay)
Profit since last BUY2.68%
upturn advisory
Consider higher Upturn Star rating
BUY since 128 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

08/14/2025: RDAC (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

0 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

Analysis of Past Performance

Type Stock
Historic Profit 2.68%
Avg. Invested days 128
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 76.89M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 9.99 - 10.40
Updated Date 05/20/2025
52 Weeks Range 9.99 - 10.40
Updated Date 05/20/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 77057065
Price to Sales(TTM) -
Enterprise Value 77057065
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 7499380
Shares Floating 5126498
Shares Outstanding 7499380
Shares Floating 5126498
Percent Insiders 22.56
Percent Institutions 80.12

ai summary icon Upturn AI SWOT

Rising Dragon Acquisition Corp. Ordinary Shares

stock logo

Company Overview

overview logo History and Background

Rising Dragon Acquisition Corp. was a blank check company (SPAC) formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It did not have any specific business combination under consideration at the time of its IPO. It IPO was completed on November 23, 2021. The company de-SPAC'd and merged with NeoVolta on May 11, 2023.

business area logo Core Business Areas

  • Special Purpose Acquisition Company (SPAC): Rising Dragon Acquisition Corp. was a SPAC, meaning its primary purpose was to identify and merge with a private company to take it public. This is no longer applicable as they de-SPAC'd.

leadership logo Leadership and Structure

The company was led by its management team and board of directors prior to the merger. The organizational structure was typical of a SPAC, designed to facilitate the search for and completion of a business combination. Since the merger, leadership and structure are now those of NeoVolta (NEOV).

Top Products and Market Share

overview logo Key Offerings

  • SPAC Services: As a SPAC, Rising Dragon's 'product' was the vehicle for taking a private company public. There was no inherent revenue or market share associated with this offering prior to the merger with NeoVolta. Competitors in this space were other SPACs looking to merge with companies in similar industries.

Market Dynamics

industry overview logo Industry Overview

The SPAC industry has experienced periods of boom and bust, driven by market sentiment and the availability of attractive merger targets. It's a highly competitive landscape with significant regulatory scrutiny. Post-merger, the relevant industry is home energy storage and the dynamics are tied to battery technology advancements, government incentives, and consumer adoption of renewable energy solutions.

Positioning

Before the merger, Rising Dragon's positioning was based on its management team's experience and ability to identify a suitable target. After the merger, it ceased to exist and is now NeoVolta. NeoVolta competes with companies like Tesla and Enphase in energy storage.

Total Addressable Market (TAM)

The TAM for the SPAC market is tied to how many private companies seek to go public. Now it is based on how large the energy storage market is. According to reports, the global home energy storage market is projected to reach $36.4 billion by 2030. NeoVolta is in a position to capture a share of this market, but its success depends on product competitiveness and market penetration.

Upturn SWOT Analysis

Strengths

  • Access to public markets
  • Experienced management team (pre-merger)

Weaknesses

  • Dependence on finding a suitable merger target
  • SPAC structure can lead to valuation distortions

Opportunities

  • Growing demand for renewable energy and energy storage solutions (post-merger through NeoVolta)
  • Government incentives for clean energy

Threats

  • Regulatory changes affecting SPACs
  • Increased competition in the energy storage market
  • Technological advancements potentially rendering current solutions obsolete

Competitors and Market Share

competitor logo Key Competitors

  • TSLA
  • ENPH
  • SEDG

Competitive Landscape

NeoVolta competes in the energy storage market against established players like Tesla, Enphase and SolarEdge. Its success depends on innovation, pricing, and market penetration.

Growth Trajectory and Initiatives

Historical Growth: N/A for a SPAC prior to merger.

Future Projections: Future projections now depend on NeoVolta's performance and the market for energy storage solutions.

Recent Initiatives: Recent initiatives would be those of NeoVolta (NEOV), such as product development, sales efforts, and partnerships.

Summary

Rising Dragon Acquisition Corp. was a SPAC that successfully merged with NeoVolta (NEOV). The success of this investment now depends entirely on NeoVolta's ability to compete in the energy storage market. NEOV faces stiff competition and must innovate and execute effectively to achieve substantial market share. Investors should closely monitor NeoVolta's financial performance and progress in the energy storage sector.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Press Releases
  • Analyst Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is approximate and based on available industry reports. Investment decisions should be based on individual research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Rising Dragon Acquisition Corp. Ordinary Shares

Exchange NASDAQ
Headquaters -
IPO Launch date 2024-12-02
Chairman & CEO Mr. Lulu Xing
Sector Financial Services
Industry Shell Companies
Full time employees -
Website
Full time employees -
Website

Rising Dragon Acquisition Corp. does not have significant operations. It focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. Rising Dragon Acquisition Corp. was incorporated in 2024 and is based in Taiyuan, the People's Republic of China.