---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-030974"
form_type: "8-K"
ticker: null
cik: "0001861063"
company_name: "Aquaron Acquisition Corp."
filed_at: "2024-04-08T23:59:59+00:00"
generated_at: "2026-06-04T01:32:58.062484+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Aquaron gets $70K from Bestpath to extend SPAC deadline to May 6, 2024

## Summary
- Bestpath IoT Technology Ltd. deposited $70,000 into trust account for one-month extension.
- Extension moves business combination deadline from April 6, 2024 to May 6, 2024.
- Company issued zero-interest promissory note convertible into common stock at $10/unit upon closing.
- Each unit consists of one share of common stock and one right to receive one-fifth of a share.
- Extension provides additional time to complete a business combination.

## SEC filing metadata
- accession: 0001213900-24-030974
- form_type: 8-K
- cik: 0001861063
- company_name: Aquaron Acquisition Corp.
- filed_at: 2024-04-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861063/000121390024030974/0001213900-24-030974-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861063/000121390024030974/ea0203449-8k425_aquaron.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-030974
- JSON: https://secwatch.observer/filing/0001213900-24-030974.json
- Plain text: https://secwatch.observer/filing/0001213900-24-030974.txt

## Key facts
- Debt Financings
  Aquaron Acquisition Corp. incurred convertible notes of $70,000 with Bestpath IoT Technology Ltd. at does not bear interest maturing upon closing of a business combination by the Company.
  - Instrument: convertible notes
  - Principal: $70,000
  - Counterparty: Bestpath IoT Technology Ltd.
  - Rate: does not bear interest
  - Maturity: upon closing of a business combination by the Company
  - Event: incurrence
  source text: On April 8, 2024, Aquaron Acquisition Corp. (the “ Company ”) issued an unsecured promissory note in the aggregate principal amount of $70,000 (the “ Note ”) to Bestpath IoT Technology Ltd. (“ Bestpath ”) in exchange for Bestpath depositing such amount into the Company’s trust account in order to extend the amount of time it has available to complete a business combination. The Note does not bear interest and mature upon closing of a business combination by the Company. In addition, the Note may be converted by the holder into shares of common stock of the Company identical to the common stock issued in the Company’s initial public offering at a price of $10.00 per unit (each unit is consisted of one share of common stock and one right to receive one-fifth (1/5) of a share of common stock).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1861063/000121390024030974/0001213900-24-030974-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.