---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-023360"
form_type: "8-K"
ticker: null
cik: "0001858028"
company_name: "Nova Vision Acquisition Corp"
filed_at: "2023-07-05T23:59:59+00:00"
generated_at: "2026-06-13T12:53:46.988382+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Nova Vision obtains $350K promissory note from sponsor for working capital

## Summary
- Issued $350,000 unsecured note to sponsor Nova Pulsar Holdings on July 3, 2023.
- Note is non-interest bearing, due upon close of a business combination or terminated if no deal by Aug 10, 2023.
- Holder may convert note into units at $10.00 per unit, matching IPO unit terms.
- Proceeds used for working capital; note ranks behind trust account claims via waiver.
- Sponsor waives any claim against the trust account, as disclosed in the prospectus.

## SEC filing metadata
- accession: 0001493152-23-023360
- form_type: 8-K
- cik: 0001858028
- company_name: Nova Vision Acquisition Corp
- filed_at: 2023-07-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1858028/000149315223023360/0001493152-23-023360-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1858028/000149315223023360/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-023360
- JSON: https://secwatch.observer/filing/0001493152-23-023360.json
- Plain text: https://secwatch.observer/filing/0001493152-23-023360.txt

## Key facts
- Debt Financings
  Nova Vision Acquisition Corp incurred loan of $350,000 with Nova Pulsar Holdings Limited maturing upon the closing of a business combination by the Company.
  - Instrument: loan
  - Principal: $350,000
  - Counterparty: Nova Pulsar Holdings Limited
  - Maturity: upon the closing of a business combination by the Company
  - Event: incurrence
  source text: On July 3, 2023, Nova Vision Acquisition Corp. (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $350,000 (the “Note”) to Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”) in exchange for Sponsor providing such amount to the Company as the Company’s working capital. The Note does not bear interest and matures upon the closing of a business combination by the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1858028/000149315223023360/0001493152-23-023360-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.