---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-034616"
form_type: "8-K"
ticker: null
cik: "0001858028"
company_name: "Nova Vision Acquisition Corp"
filed_at: "2023-09-28T23:59:59+00:00"
generated_at: "2026-06-10T07:48:00.553840+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nova Vision Acquisition Corp. issues $1.5M promissory note to sponsor for working capital

## Summary
- Issued $1.5M unsecured promissory note to sponsor Nova Pulsar Holdings for working capital.
- Note bears no interest, matures upon closing of a business combination, or terminates if no combination by Oct 10, 2023.
- Sponsor may convert the note into units at $10 per unit, identical to IPO units.
- Note includes trust waiver: sponsor has no claim on trust account funds.

## SEC filing metadata
- accession: 0001493152-23-034616
- form_type: 8-K
- cik: 0001858028
- company_name: Nova Vision Acquisition Corp
- filed_at: 2023-09-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1858028/000149315223034616/0001493152-23-034616-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1858028/000149315223034616/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-034616
- JSON: https://secwatch.observer/filing/0001493152-23-034616.json
- Plain text: https://secwatch.observer/filing/0001493152-23-034616.txt

## Key facts
- Debt Financings
  Nova Vision Acquisition Corp incurred loan of $1,500,000 with Nova Pulsar Holdings Limited maturing upon the closing of a business combination by the Company.
  - Instrument: loan
  - Principal: $1,500,000
  - Counterparty: Nova Pulsar Holdings Limited
  - Maturity: upon the closing of a business combination by the Company
  - Event: incurrence
  source text: On September 28, 2023, Nova Vision Acquisition Corp. (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $1,500,000 (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 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/1858028/000149315223034616/0001493152-23-034616-index.htm

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