Aquaron Acquisition Corp. Enters Material Definitive Agreement

TL;DR

Aquaron Acquisition Corp. signed a big deal, creating new financial obligations.

AI Summary

Aquaron Acquisition Corp. announced on October 2, 2024, that it has entered into a Material Definitive Agreement. This filing also details the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The company is incorporated in Delaware and its principal executive offices are located at 515 Madison Avenue, New York, NY.

Why It Matters

This filing indicates a significant business development for Aquaron Acquisition Corp., potentially involving a new financial commitment or partnership that could impact its future operations and financial standing.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet its obligations.

Key Players & Entities

• Aquaron Acquisition Corp. (company) — Registrant
• October 2, 2024 (date) — Date of Report
• 515 Madison Avenue, New York, NY (location) — Principal Executive Offices
• Delaware (location) — State of Incorporation

FAQ

Key Financial Figures

• $20,000 — te in the aggregate principal amount of $20,000 (the " Note ") to HUTURE Ltd. (" Huture
• $10.00 — s initial public offering at a price of $10.00 per unit (each unit is consisted of one

Filing Documents

• ea021661101-8k_aquaron.htm (8-K) — 27KB
• ea021661101ex99-1_aquaron.htm (EX-99.1) — 4KB
• 0001213900-24-084676.txt ( ) — 252KB
• aqu-20241002.xsd (EX-101.SCH) — 3KB
• aqu-20241002_def.xml (EX-101.DEF) — 26KB
• aqu-20241002_lab.xml (EX-101.LAB) — 36KB
• aqu-20241002_pre.xml (EX-101.PRE) — 25KB
• ea021661101-8k_aquaron_htm.xml (XML) — 6KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. The disclosure contained in Item 2.03 is incorporated by reference in this Item 1.01

03 Creation of a Direct Financial Obligation or an Obligation

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On October 2, 2024, Aquaron Acquisition Corp. (the " Company ") issued an unsecured promissory note in the aggregate principal amount of $20,000 (the " Note ") to HUTURE Ltd. (" Huture ") in exchange for Huture depositing such amount into the Company's trust account in order to extend the amount of time it has available to complete a business combination. The Note does not bear interest and mature upon closing of a business combination by the Company. In addition, the Note may be converted by the holder into shares of common stock of the Company identical to the common stock issued in the Company's initial public offering at a price of $10.00 per unit (each unit is consisted of one share of common stock and one right to receive one-fifth (1/5) of a share of common stock).

01 Other Events

Item 8.01 Other Events The Company issued the release filed herewith on October 2, 2024. The materials attached as Exhibit 99.1 are incorporated by reference herein.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release dated October 2, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: October 2, 2024 AQUARON ACQUISITION CORP. By: /s/ Yi Zhou Name: Yi Zhou Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR