debt
confidence high
sentiment neutral
materiality 0.25
Viking Acquisition Corp. II amends working capital note to $544,080 after $30,000 advance from sponsor
Viking Acquisition Corp. II
- Sponsor advanced additional $30,000 on Sept 18, 2026; amended and restated promissory note principal now $544,080.
- Note replaces prior $514,080 note from Aug 19, 2026; bears no interest, due at business combination or winding up.
- Convertible at sponsor's election into New Units at $10.00 per unit, max 54,408 units, upon business combination.
- Proceeds used for working capital; issuance relies on Section 4(a)(2) exemption from registration.
- Note waives claims against trust account; repayment from trust proceeds on business combination.