Eureka Acquisition Corp. Secures $150,000 Loan Extension Agreement with Hercules Capital Management to Extend Business Combination Deadline

Reuters
2025/08/05
<a href="https://laohu8.com/S/EURK">Eureka Acquisition Corp</a>. Secures $150,000 Loan Extension Agreement with Hercules Capital Management to Extend Business Combination Deadline

Eureka Acquisition Corp. has entered into a new financing agreement to support its ongoing business combination efforts. On July 31, 2025, the company deposited a Monthly Extension Fee of $150,000 into its trust account, extending its deadline to finalize a business combination from August 3, 2025, to September 3, 2025. This extension was facilitated by its sponsor, Hercules Capital Management Corp, who provided the funds and received an unsecured promissory note in return. This Extension Note, amounting to $150,000, offers the sponsor the option to convert the debt into private units of Eureka Acquisition Corp. The agreement allows the sponsor to convert the note into shares, aligning with the company's strategic goals. The note bears no interest and is due upon completion of a business combination or at the end of the company's term, with specific conditions outlined for default.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eureka Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-071300), on August 04, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10