other material
confidence high
sentiment neutral
materiality 0.50
Aquaron Acquisition Corp.: debt financing — Aquaron Acquisition Corp. issues $16,198.05 promissory note to extend business combination deadline
Aquaron Acquisition Corp.
- Issued unsecured promissory note for $16,198.05 to HUTURE Ltd. to fund trust account extension.
- Note is non-interest bearing, matures upon business combination closing.
- Convertible into common stock at $10.00 per unit (one share plus one right for 1/5 share).
- Extension allows more time to complete a business combination.