Loan & DebtJul 21, 2026, 04:07 PM
Aeon Acquisition I Corp. Secures $250,000 Promissory Note from Sponsor
AI Summary
Aeon Acquisition I Corp. issued an unsecured promissory note to its sponsor, Aeon Acquisition Partners I LLC, for up to $250,000. This funding is intended to cover costs related to the company's initial business combination. The note is non-interest bearing and becomes payable upon the consummation of the business combination. The company can draw down funds as needed, with the sponsor required to fulfill requests within five business days.
Key Highlights
- Aeon Acquisition I Corp. issued an unsecured promissory note to its sponsor.
- The note provides up to $250,000 to fund costs for the initial business combination.
- The promissory note is non-interest bearing.
- The note is payable on the date the company consummates its initial business combination.
- Funds can be drawn down from time to time upon written request, within five business days.
Price Impact
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