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8-K2026-04-27· deepseek-chat

CHAR · Charlton Aria Acquisition Corporation

0001213900-26-048040

SEC filing

Summary

Charlton Aria Acquisition Corporation extended its deadline to complete a business combination to July 25, 2026, via a $850,000 deposit by its sponsor.

Key takeaways

Full analysis

The filing details two promissory notes issued by Charlton Aria Acquisition Corporation to its sponsor, ST Sponsor II Limited. The Extension Note for $850,000 was issued on April 23, 2026, to fund a three-month extension of the deadline to complete an initial business combination, moving the deadline from April 25, 2026, to July 25, 2026. The Working Capital Note for up to $500,000 was issued on April 17, 2026, to evidence prior working capital advances of approximately $263,681.50 and allow for additional loans. Both notes are unsecured, non-interest bearing (except default interest), and payable upon the earlier of a business combination or liquidation. They are convertible into units at $10.00 per unit, with conversion limited to $3,000,000 in aggregate. The sponsor has also deposited $850,000 into the trust account to effect the extension. These actions provide the company with additional time and working capital to pursue a business combination, but also increase the company's indebtedness and potential dilution for existing shareholders if conversion occurs.