ASPAC II Acquisition Corp. issues $152K promissory note to sponsor for working capital

ASPAC II Acquisition Corp.

Issued unsecured promissory note for $152,000 to sponsor A SPAC II (Holdings) Corp. on July 14, 2025.
Note is non-interest bearing and payable no later than consummation or termination of initial business combination.
Sponsor may convert principal into private placement warrants at $1.00 per warrant on same terms as public warrants.
Proceeds will fund company expenses and working capital; repayment from funds outside trust account.
Trust waiver included: sponsor has no claim on trust account monies.

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