Aquaron Acquisition Corp. Signs Material Definitive Agreement
Ticker: AQUNU · Form: 8-K · Filed: Dec 5, 2024 · CIK: 1861063
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
Aquaron Acquisition Corp. just signed a big deal, expect financial moves.
AI Summary
Aquaron Acquisition Corp. entered into a Material Definitive Agreement on December 4, 2024. This filing also indicates 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 fiscal year ends on December 31st.
Why It Matters
This filing signals a significant development for Aquaron Acquisition Corp., potentially involving new financial commitments or strategic partnerships that could impact its future operations and financial standing.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new financial obligations or strategic risks that may not be immediately apparent.
Key Players & Entities
- Aquaron Acquisition Corp. (company) — Registrant
- December 4, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
FAQ
What is the nature of the Material Definitive Agreement entered into by Aquaron Acquisition Corp.?
The filing does not specify the exact nature of the Material Definitive Agreement, only that one was entered into on December 4, 2024.
What type of financial obligation has Aquaron Acquisition Corp. created?
The filing states the creation of a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' but does not provide specific details.
When was Aquaron Acquisition Corp. incorporated?
Aquaron Acquisition Corp. was incorporated in Delaware.
What is the fiscal year end for Aquaron Acquisition Corp.?
The fiscal year end for Aquaron Acquisition Corp. is December 31st.
What is the SEC file number for Aquaron Acquisition Corp.'s 8-K filing?
The SEC file number for this 8-K filing is 001-41470.
Filing Stats: 580 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-12-05 06:11:18
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
- ea0223693-8k425_aquaron.htm (8-K) — 29KB
- ea022369301ex99-1_aquaron.htm (EX-99.1) — 5KB
- 0001213900-24-105750.txt ( ) — 253KB
- aqu-20241204.xsd (EX-101.SCH) — 3KB
- aqu-20241204_def.xml (EX-101.DEF) — 26KB
- aqu-20241204_lab.xml (EX-101.LAB) — 36KB
- aqu-20241204_pre.xml (EX-101.PRE) — 25KB
- ea0223693-8k425_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 December 4, 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 December 5, 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 December 5, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
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: December 5, 2024 AQUARON ACQUISITION CORP. By: /s/ Yi Zhou Name: Yi Zhou Title: Chief Executive Officer 2