Nova Vision Acquisition Corp: debt financing — Nova Vision extends business combination deadline to March 10, 2024 with $69,763 Sponsor deposit

Nova Vision Acquisition Corp

Sponsor Nova Pulsar deposited $69,763 into trust to extend deadline one month to March 10, 2024.
Company issued non-interest bearing promissory note convertible into units at $10/unit upon deal close.
Extension provides additional month from Feb 10 to complete initial business combination.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Nova Vision Acquisition Corp incurred loan of $69,763.37 with Nova Pulsar Holdings Limited at does not bear interest maturing upon the closing of a business combination by the Company.

Instrument: loan
Principal: $69,763.37
Counterparty: Nova Pulsar Holdings Limited
Rate: does not bear interest
Maturity: upon the closing of a business combination by the Company
Event: incurrence

Exact text from the filing

On February 8, 2024, Nova Vision Acquisition Corp. (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $69,763.37 (the “Note”) to Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”)

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299 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR

accession 0001493152-24-005833

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