Nubia Brand International issues $565K promissory note to Embark Holdings

Solidion Technology Inc.

Unsecured, non-interest bearing promissory note for $565,000 issued to Embark Holdings, LLC.
Maturity upon closing of a business combination or liquidation (Repayment/Conversion Trigger Event).
Holder may convert unpaid principal into Class A common stock at $10.00 per share upon business combination.
Upon business combination closing, Company must issue 565,000 shares of Class A common stock to holder for no consideration.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Solidion Technology Inc. entered into Note with Embark Holdings, LLC valued at $565,000 (effective 2023-09-29).

Action: entry
Agreement: notes offering
Counterparty: Embark Holdings, LLC
Value: $565,000
Effective: 2023-09-29

Exact text from the filing

On September 29, 2023, Nubia Brand International Corp. (the “ Company ”) issued an unsecured, non-interest bearing promissory note (the “ Note ”) to Embark Holdings, LLC in the aggregate principal amount of $565,000.

View on SEC.gov

154 material agreements filed in the last 30 days. Browse all material agreements →

Solidion Technology Inc. filing history →

Source: SEC EDGAR

accession 0001013762-23-002140

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.