Eureka Acquisition Corp extends business combination deadline to Feb 3, 2026 with sponsor note funding
Eureka Acquisition Corp
- On Jan 2, 2026, $150,000 deposited into trust account for one-month extension from Jan 3 to Feb 3, 2026.
- Sponsor Hercules Capital Management Corp paid extension fee and received $150,000 unsecured promissory note (Extension Note) on Jan 5, 2026.
- On Jan 6, 2026, company issued up to $300,000 working capital promissory note (Sponsor Note) to same sponsor for general working capital.
- Both notes bear no interest, are convertible into units at $10.00 per unit, and are repayable upon business combination or term expiry.
- Units consist of one Class A ordinary share and one right to acquire one-fifth of a share; conversion rights apply at closing of business combination.