Eureka Acquisition Corp. Secures $300,000 Unsecured Promissory Note from Hercules Capital Management for Business Expansion
Eureka Acquisition Corp., a Cayman Islands exempted company, has entered into a new financing agreement with Hercules Capital Management Corp, its sponsor, through the issuance of an unsecured promissory note valued up to $300,000. This arrangement, dated August 25, 2025, provides Eureka Acquisition Corp. with flexible funding to support general working capital needs. The note is interest-free and must be repaid upon the completion of the company's initial business combination or the expiration of its term. Notably, the sponsor has the option to convert the loan into private units of the company, which will include Class A ordinary shares and rights to additional shares upon a business combination. This agreement leverages an exemption from registration under the Securities Act of 1933.
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: 0001213900-25-080922), on August 27, 2025, and is solely responsible for the information contained therein.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。