debt
confidence high
sentiment neutral
materiality 0.55
Bull Horn Holdings issues up to $400K sponsor note to extend business combination deadline to Nov 3, 2022
Z Squared Inc.
- Promissory note of up to $400,000 issued to Bull Horn Holdings Sponsor LLC on May 2, 2022.
- Note extends initial business combination deadline from May 3, 2022 to November 3, 2022.
- Monthly trust account deposits of $66,667 (last $66,665) required to fund extension.
- Note is non-interest bearing, repayable upon business combination or liquidation.
- Issuance exempt from registration under Section 4(a)(2) of Securities Act.