other material
confidence high
sentiment neutral
materiality 0.40
Estrella Immunopharma, Inc. (ESLA): debt financing — TradeUP Acquisition Corp. extends business combination deadline to August 19, 2023 via $37,433 deposit by Estrella
Estrella Immunopharma, Inc.
- TradeUP extends deadline to complete initial business combination by one month to August 19, 2023.
- Estrella deposited $37,432.70 ($0.05 per remaining share) into trust account for the extension.
- Deposit funded by unsecured promissory note from TradeUP to Estrella, convertible into shares at $10.00.
- Company may continue monthly extensions up to July 14, 2024.