Eureka Acquisition Corp extended its initial business combination deadline by one month to June 3, 2026, via a $150,000 deposit into its trust account funded by Marine Thinking through an unsecured promissory note.
Key takeaways
Company deposited $150,000 Monthly Extension Fee into Trust Account on May 4, 2026, extending business combination deadline from May 3 to June 3, 2026.
Issued unsecured Extension Note for $150,000 principal to Marine Thinking, bearing no interest.
Extension Note payable upon business combination consummation or company term expiry.
Payee Marine Thinking may convert note into private Units at $10.00 per Unit prior to business combination closing.
Issuance exempt under Section 4(a)(2) of Securities Act of 1933.
Units issuable upon conversion subject to transfer restrictions until business combination completion.