secwatch / observer
8-K filed May 10, 2024, 7:59 PM ET CIK 0001858028
other material confidence high sentiment neutral materiality 0.20

Nova Vision Acquisition Corp: debt financing — Nova Vision extends business combination deadline to June 10, 2024 via $69.8K sponsor deposit

Nova Vision Acquisition Corp

item 1.01item 2.03item 8.01item 9.01

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 convertible notes of $69,763.37 with Nova Pulsar Holdings Limited at does not bear interest maturing upon the closing of a business combination.

Instrument
convertible notes
Principal
$69,763.37
Counterparty
Nova Pulsar Holdings Limited
Rate
does not bear interest
Maturity
upon the closing of a business combination
Event
incurrence
Exact text from the filing
On May 9, 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”) in exchange for Sponsor depositing such amount into the Company’s trust account in order to extend the amount of time it has available to complete a business combination. The Note does not bear interest and matures upon the closing of a business combination by the Company.
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310 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR
accession 0001493152-24-018647
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