other_material
confidence high
sentiment neutral
materiality 0.40
Aquaron Acquisition extends trust deadline with $28.6K notes and switches auditor from UHY to Golden Ocean
Aquaron Acquisition Corp.
- Issued two unsecured promissory notes to HUTURE Ltd.: $12,396.10 (June Note) deposited May 30; $16,198.05 (July Note) deposited July 3, 2025.
- Notes bear no interest, mature upon business combination, and are convertible into common stock at $10.00 per unit.
- Dismissed UHY LLP as independent auditor on July 3, 2025; engaged Golden Ocean FAC PAC as replacement.
- UHY's reports for fiscal 2023 and 2024 contained going concern explanatory paragraphs but no adverse opinions or disagreements.
- No reportable events or disagreements with UHY during the periods covered; UHY's letter of agreement filed as Exhibit 16.1.
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