StockWatch
·
Services-Computer Integrated Systems Design
Loan & DebtJul 10, 2026, 06:07 AM

Eureka Acquisition Corp Extends Business Combination Deadline

AI Summary

Eureka Acquisition Corp has extended the period to complete its initial business combination by one month, from July 3, 2026, to August 3, 2026. This extension was facilitated by a deposit of $8,253.03 into the Company's trust account, paid by Marine Thinking Inc., the proposed business combination partner. In connection with this payment, Eureka Acquisition Corp issued an unsecured promissory note to Marine Thinking, which bears no interest and is convertible into private units of the Company.

Key Highlights

  • Extended business combination deadline from July 3, 2026 to August 3, 2026.
  • Monthly Extension Fee of $8,253.03 deposited into the Trust Account.
  • Fee paid by Marine Thinking Inc., the business combination partner.
  • Eureka Acquisition Corp issued an unsecured promissory note for $8,253.03 to Marine Thinking.
  • The Extension Note bears no interest and is payable upon business combination or maturity.
  • Note is convertible into private units at $10.00 per unit by Marine Thinking.