other material
confidence high
sentiment neutral
materiality 0.40
Eureka Acquisition Corp extends business combination deadline to Jan 3, 2026 with sponsor's $150k loan
Eureka Acquisition Corp
- Sponsor deposited $150,000 into trust to extend deadline by one month from Dec 3, 2025 to Jan 3, 2026.
- Company issued unsecured promissory note for $150,000 to sponsor, bearing no interest, convertible into units at $10.00 per unit.
- Note payable upon consummation of business combination or term expiry; conversion optional at sponsor's election.
- Sponsor waives claims against trust account; note repayable only from non-trust funds if no business combination occurs.