Eureka Acquisition Corp

Eureka Acquisition Corp extended its deadline to complete a business combination by one month, from August 3, 2026, to September 3, 2026. This extension was enabled by a $8,253.03 payment into the trust account by Marine Thinking Inc., the target company. Eureka issued an unsecured, non-interest-bearing promissory note for this amount to Marine Thinking, which is convertible into private units of the Company.

Eureka Acquisition Corp provided updates on its proposed business combination with Marine Thinking Inc., while facing significant financial challenges. The company recorded a public shareholder redemption payable of $30.3 million as of June 30, 2026, following the redemption of 2,655,132 Class A ordinary shares. This, along with an increased accumulated deficit and a Nasdaq non-compliance notice, led management to conclude there is substantial doubt about the company's ability to continue as a going concern. The deadline for completing a business combination has been extended to July 3, 2027, if fully utilized.

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.

Eureka Acquisition Corp announced that its shareholders approved an amendment to the company's charter, extending the deadline to complete a business combination to July 3, 2027. This extension allows for up to 12 one-month extensions, each requiring a deposit of $8,253.03 into the trust account. In connection with the vote, 2,655,132 Class A Ordinary Shares were redeemed, significantly reducing the outstanding Class A shares. Shareholders also approved the appointment of Marcum Asia CPAs LLP as the independent auditor.

Eureka Acquisition Corp, Marine Thinking Inc., and 17358750 Canada Inc. entered into Amendment No. 1 to their Business Combination Agreement (BCA) on June 12, 2026. This amendment specifically revises Section 5.19 of the BCA, which outlines the requirements for the post-closing board of directors of the SPAC. The revised terms specify an eight-director board composition, including designations by Marine Thinking Inc. and the IPO Sponsor, and a requirement for a majority of Canadian citizens.

Eureka Acquisition Corp (EURK) is holding an Extraordinary General Meeting on June 29, 2026, to seek shareholder approval for three proposals. The primary proposal is to amend its Charter to extend the deadline for completing a business combination from July 3, 2026, to July 3, 2027, through monthly extensions with associated fees. This extension is crucial for EURK to complete its proposed business combination with Marine Thinking Inc., an autonomous ship and fleet solution provider, or an alternative. Shareholders will also vote on appointing Marcum Asia CPAs LLP as the independent auditor for the fiscal year ending September 30, 2026, and an adjournment proposal.

Eureka Acquisition Corp (EURK) has extended its deadline to complete an initial business combination by one month, to July 3, 2026. This extension was facilitated by a $150,000 deposit into the company's trust account by Marine Thinking Inc., which also received an unsecured promissory note for the same amount. The note is non-interest bearing and can be converted into private units of Eureka at $10.00 per unit under certain conditions.

Eureka Acquisition Corp has made progress on its proposed business combination with Marine Thinking Inc., entering into a definitive agreement and securing extensions for the merger deadline until July 3, 2026. The company issued $1.5 million in promissory notes to fund these extensions. However, Eureka reported a significant decrease in net income for the six months ended March 31, 2026, and faces a working capital deficit, raising substantial doubt about its ability to continue as a going concern without additional financing or completing the merger.

Eureka Acquisition Corp has extended the period to complete its initial business combination by one month, moving the deadline from May 3, 2026, to June 3, 2026. This extension required a $150,000 deposit into the company's trust account, which was paid by Marine Thinking Inc., the target company in the proposed business combination. In connection with this payment, Eureka Acquisition Corp issued an unsecured promissory note for $150,000 to Marine Thinking Inc., which is convertible into private units of the company.

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.