Aquaron Acquisition Corp. 8-K

What Happened Aquaron Acquisition Corp. announced on January 6, 2026 that it issued an unsecured promissory note for $16,198.05 to HUTURE Ltd. in exchange for HUTURE depositing that amount into the Company’s trust account to extend the time available to complete a business combination. The company reported the transaction as both an entry into a material definitive agreement (Item 1.01) and the creation of a direct financial obligation (Item 2.03) in its Form 8-K filing.

Key Details

• Date: January 6, 2026.
• Amount: $16,198.05 promissory note issued to HUTURE Ltd.; proceeds were deposited into the Company’s trust account.
• Terms: Note is unsecured, bears no interest, and matures upon closing of a business combination.
• Conversion: The holder may convert the Note into units at $10.00 per unit; each unit consists of one share of common stock and one right to receive 1/5 of a share (i.e., the same unit structure as the Company’s IPO).

Why It Matters This creates a new short-term obligation and a potential source of equity if HUTURE converts the note at the specified $10-per-unit terms. For investors, the key effects are (1) the trust account received additional funds that can help extend the SPAC’s timeline to complete a merger or acquisition, and (2) conversion would increase outstanding shares under the IPO unit structure and could dilute existing shareholders. The note is unsecured, non‑interest bearing, and only matures at a business combination closing, so its cash and timing impact is tied to the SPAC’s deal process.