Material AgreementApr 8, 2026, 04:02 PM
Eureka Acquisition Corp Extends Business Combination Deadline to May 3, 2026, with $150,000 Deposit by Marine Thinking
AI Summary
Eureka Acquisition Corp (EURK) has extended the period to complete its initial business combination by one month, moving the deadline from April 3, 2026, to May 3, 2026. This extension was facilitated by a $150,000 deposit into the company's trust account for public shareholders. The payment was made by Marine Thinking Inc., an autonomous ship and fleet solution provider, in accordance with their business combination agreement dated October 29, 2025. This action indicates continued commitment from both parties towards finalizing the merger.
Key Highlights
- Eureka Acquisition Corp extended its deadline to consummate an initial business combination by one month.
- The new deadline for the business combination is May 3, 2026, extended from the previous April 3, 2026.
- A Monthly Extension Fee of $150,000 was deposited into the Trust Account for the benefit of public shareholders.
- The $150,000 extension fee was paid by Marine Thinking Inc., the target company in the proposed merger.
- The extension is pursuant to a business combination agreement dated October 29, 2025, with Marine Thinking, an autonomous ship and fleet solution providing company.