debt
confidence high
sentiment neutral
materiality 0.25
Eureka Acquisition extends SPAC deadline to Oct 3, 2026; $8,253.03 note issued to Marine Thinking
Eureka Acquisition Corp
- Marine Thinking Inc. deposited $8,253.03 into Eureka's trust account on Sept 3, 2026, extending the initial business combination deadline one month to Oct 3, 2026.
- Eureka issued an unsecured, non-interest-bearing $8,253.03 promissory note dated Oct 7, 2026 to Marine Thinking, payable at deal closing or trust expiry.
- Marine Thinking may convert the note into private units at $10.00 per unit; each unit is one Class A share plus a right to 1/5 of a Class A share.
- Charter permits further one-month extensions up to July 3, 2027, each requiring another $8,253.03 monthly deposit into the trust account.
- Business combination agreement with Marine Thinking Inc. (Canadian autonomous ship company) and Amalgamation Sub 17358750 Canada Inc. is dated Oct 29, 2025.