Aquaron Acquisition Corp. Files 8-K for Material Agreement
Ticker: AQUNU · Form: 8-K · Filed: Jan 6, 2025 · CIK: 1861063
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
Related Tickers: AQU
TL;DR
AQU filed an 8-K on Jan 5th for a material agreement and financial obligations.
AI Summary
Aquaron Acquisition Corp. entered into a Material Definitive Agreement on January 5, 2025. The company also incurred a direct financial obligation or an obligation under an off-balance sheet arrangement. The filing details these events and includes financial statements and exhibits.
Why It Matters
This 8-K filing indicates significant corporate actions by Aquaron Acquisition Corp., potentially impacting its financial obligations and future business direction.
Risk Assessment
Risk Level: medium — Material definitive agreements and financial obligations can introduce new risks or alter existing ones for a company.
Key Players & Entities
- Aquaron Acquisition Corp. (company) — Registrant
- January 5, 2025 (date) — Date of earliest event reported
- 001-41470 (other) — Commission File Number
FAQ
What is the nature of the Material Definitive Agreement entered into by Aquaron Acquisition Corp. on January 5, 2025?
The filing indicates the entry into a Material Definitive Agreement on January 5, 2025, but the specific details of the agreement are not provided in this excerpt.
What type of financial obligation did Aquaron Acquisition Corp. incur?
Aquaron Acquisition Corp. incurred a direct financial obligation or an obligation under an off-balance sheet arrangement, as reported in the filing.
What is the filing date of this 8-K report?
The filing date of this 8-K report is January 6, 2025.
Where is Aquaron Acquisition Corp. incorporated?
Aquaron Acquisition Corp. is incorporated in Delaware.
What is the business address of Aquaron Acquisition Corp.?
The business address of Aquaron Acquisition Corp. is 515 Madison Avenue, 8th Floor, New York, NY 10022.
Filing Stats: 580 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2025-01-06 17:00:09
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
- ea0226846-8k425_aqua.htm (8-K) — 29KB
- ea022684601ex99-1_aquaron.htm (EX-99.1) — 5KB
- 0001213900-25-001210.txt ( ) — 252KB
- aqu-20250105.xsd (EX-101.SCH) — 3KB
- aqu-20250105_def.xml (EX-101.DEF) — 26KB
- aqu-20250105_lab.xml (EX-101.LAB) — 36KB
- aqu-20250105_pre.xml (EX-101.PRE) — 25KB
- ea0226846-8k425_aqua_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 January 5, 2025, 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 January 6, 2025. 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 January 6, 2025 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: January 6, 2025 AQUARON ACQUISITION CORP. By: /s/ Yi Zhou Name: Yi Zhou Title: Chief Executive Officer 2