debt
confidence high
sentiment neutral
materiality 0.30
Axiom Intelligence Acquisition Corp 1 issues up to $1M promissory note to sponsor for working capital
Axiom Intelligence Acquisition Corp 1
- Principal amount up to $1,000,000, unsecured, non-interest bearing.
- Matures upon earlier of initial business combination or liquidation.
- Convertible at sponsor's option into units at $10/unit, identical to private placement units.
- Proceeds for working capital needs; includes trust waiver with no recourse against trust account.