Today: 29 June 2026
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NASDAQ:RDAC 10 December 2025 - 29 April 2026

Why Rising Dragon Acquisition Stock Surged as RDAC Seeks More Time for HZJL SPAC Deal

Why Rising Dragon Acquisition Stock Surged as RDAC Seeks More Time for HZJL SPAC Deal

Rising Dragon Acquisition Corp. ripped more than fourfold higher Wednesday, soaring to $21.72 with a $16.82 gain after the Nasdaq SPAC said it’s looking to extend the timeline for its planned merger with HZJL Cayman Limited. Shares churned between $5.64 and $23.51 on hefty volume—about 12.1 million traded hands. The surge is tied to Rising Dragon’s request for a deal clock extension, not any closure on the HZJL transaction. In a preliminary proxy filed Tuesday after the bell, the company set a May 28 shareholder meeting and pitched pushing back the business-combination deadline from July 15, 2026, out to Oct. 15, 2027—potentially through 15 separate one-month extensions.
29 April 2026
Top Pre‑Market Gainers Today, December 10, 2025: ASPC, ENVB, BDRX and APVO Lead Fed‑Day Frenzy

Top Pre‑Market Gainers Today, December 10, 2025: ASPC, ENVB, BDRX and APVO Lead Fed‑Day Frenzy

U.S. stock futures are edging higher early Wednesday as traders brace for the Federal Reserve’s final policy decision of 2025, with markets pricing in a high probability of another 25‑basis‑point rate cut. Futures on the Nasdaq 100, S&P 500 and Dow are modestly green, while the 10‑year U.S. Treasury yield hovers near 4.18% and commodities like silver trade at record highs above $61 an ounce. TipRanks+1 Beneath the calm surface of the indexes, however, the real fireworks are in pre‑market trading. A handful of thinly traded SPACs and micro‑cap biotechs are posting triple‑digit gains, joined by a distressed hotel REIT and a Hong Kong security‑services operator.

Stock Market Today

  • Cotton Futures Tick Up as Oil Rises, Dollar Weakens
    June 29, 2026, 3:42 PM EDT. Cotton futures were slightly higher, up 20 to 30 points, but July stayed flat. Crude oil rose $1.50 to $70.73 a barrel. The US dollar index slid 0.257 to 100.870. Managed money added 3,309 contracts to net long cotton futures and options, bringing the total to 38,445. Traders polled by Bloomberg see 9.6 million cotton acres planted this spring, with the government's June acreage report due Tuesday. ICE certified stocks dropped by 2,216 bales to 185,034 bales. The Cotlook A Index moved up 75 points to 85.80 cents. Adjusted World Price increased 151 points to 63.88 cents per pound. These changes point to some caution, but a bit more optimism in cotton as commodities shift.
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