other
confidence high
sentiment neutral
materiality 0.55
Eureka Acquisition revises SPAC extension terms: $150K monthly deposit, 30-day cure
Eureka Acquisition Corp
- Revised Monthly Extension Fee increased to $150,000 per month (was lesser of $60k total or $0.03/share).
- If fee not deposited by 3rd of month, 30-day cure period; failure triggers wind-up and dissolution.
- Company will not use trust interest to pay dissolution expenses.
- Shareholders can withdraw redemption requests by 5:00 p.m. ET on June 26, 2025.
- Extraordinary general meeting remains June 30, 2025 at 9:00 a.m. ET; record date unchanged.
item 8.01item 9.01