Artius II Acquisition Inc. entered into a new working capital financing arrangement, issuing a convertible unsecured promissory note to its sponsor, Artius II Acquisition Partners LLC, for up to $1.0 million. The note bears no interest and is payable upon the earlier of the company’s initial business combination, liquidation, or an event of default, and may be converted at the sponsor’s election into Class A ordinary shares at a conversion price based on $10.00 per share with a 1.1 multiplier.
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