SCHEDULE: Karpus Management Reports 0% Ownership in Rising Dragon

Karpus Management, Inc. has filed a Schedule 13G, reporting 0.00% beneficial ownership of Rising Dragon Acquisition Corp. common stock as of June 30, 2026.

Summary

• Karpus Management, Inc. (Karpus), a registered investment adviser, has filed an amendment to its Schedule 13G.
• The filing indicates that as of June 30, 2026, Karpus beneficially owns 0.00 shares of common stock in Rising Dragon Acquisition Corp.
• This represents 0.00% of the class of securities.
• Karpus states it has sole voting power, shared voting power, sole dispositive power, and shared dispositive power of 0.00 shares.
• The filing also clarifies that while Karpus is controlled by City of London Investment Group plc (CLIG), informational barriers are in place, and Karpus exercises voting and investment power independently of CLIG.

Sentiment

Score: 2

Explanation: StockSavvy.ai views this filing as neutral to slightly negative, as it indicates a complete lack of beneficial ownership by a potentially significant institutional investor, which could signal a lack of confidence or interest in the company.

Negatives

• Karpus Management reports zero beneficial ownership of Rising Dragon Acquisition Corp. common stock, indicating no investment or control interest.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Management Comments

• Karpus Management, Inc. certifies that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are typically made by institutional investors who acquire beneficial ownership of more than 5% of a class of a company's registered equity securities. A filing reporting 0% ownership suggests a lack of significant investment or a recent divestment by Karpus Management in Rising Dragon Acquisition Corp.

Stakeholder Impact

• Shareholders: The lack of reported ownership by Karpus Management may be interpreted as a lack of institutional support or investment interest, potentially impacting market sentiment.

Key Dates

Keywords

Schedule 13G, Karpus Management, Rising Dragon Acquisition Corp, Beneficial Ownership, SEC Filing, Investment Adviser, Common Stock