other material
confidence high
sentiment neutral
materiality 0.30
Aimfinity Investment Corp. I: debt financing — Aimfinity Investment Corp. I extends business combination deadline to November 28, 2023 via $85,000 deposit
Aimfinity Investment Corp. I
- $85,000 deposited into trust account to extend deadline from Oct 28 to Nov 28, 2023 (fourth of nine possible monthly extensions).
- Deposit made by I-Fa Chang, sole member/manager of sponsor; company issued unsecured promissory note for same amount.
- Note bears no interest, payable upon earlier of business combination or expiry of company term; convertible into private units at $10/unit.
- Extension follows July 2023 shareholder approval allowing up to nine monthly extensions until April 28, 2024.