Rising Dragon Acquisition /
HZJL Cayman Limited
Rising Dragon Acquisition Corp. to combine with HZJL Cayman Limited
What happened
Rising Dragon Acquisition Corp. entered into a merger agreement with HZJL Cayman Limited on Jan. 27, 2025. Under the agreement, the Purchaser will acquire all of HZJL Cayman Limited’s issued and outstanding equity securities in the Acquisition Merger.
The consideration is $350 million, payable in newly issued Purchaser Ordinary Shares. HZJL Cayman Limited, through its wholly owned subsidiaries, provides online branding services in the People’s Republic of China.
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Rising Dragon Acquisition Corp. to combine with HZJL Cayman Limited
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