Loan & DebtJul 6, 2026, 04:12 PM
Aimei Health Technology Extends Business Combination Deadline to Aug 6
AI Summary
Aimei Health Technology Co., Ltd. has extended the period to complete its initial business combination by one month, moving the termination date from July 6, 2026, to August 6, 2026. This is the twentieth such extension. To fund the required $34,330.96 extension payment, the company issued an unsecured, non-interest-bearing promissory note of the same amount to Aimei Health Ltd. The note's principal is due upon the consummation of the business combination with United Hydrogen and can be converted into private units at $10.00 per unit.
Key Highlights
- Business combination deadline extended from July 6, 2026, to August 6, 2026.
- This marks the twentieth extension for the company.
- An extension payment of $34,330.96 was deposited into the trust account.
- A promissory note for $34,330.96 was issued to Aimei Health Ltd.
- The promissory note is unsecured and does not bear interest.
- Note principal is due upon consummation of the business combination with United Hydrogen.
- Payee has the option to convert the note into private units at $10.00 per unit.
Price Impact
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