$AQUC·8-K

Aquaron Acquisition Corp. · Feb 10, 8:16 PM ET

Aquaron Acquisition Corp. 8-K

Research Summary

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Aquaron Acquisition Corp. Issues $16.2K Convertible Note to Extend Business-Combination Timeline

What Happened
Aquaron Acquisition Corp. reported (Items 1.01 and 2.03) that on February 6, 2026 it entered into a material agreement and issued an unsecured promissory note to HUTURE Ltd. The note, for an aggregate principal amount of $16,198.05, was given in exchange for HUTURE depositing that amount into the Company’s trust account to extend the time available to complete a business combination.

Key Details

  • Date: February 6, 2026.
  • Principal amount: $16,198.05 deposited into the Company’s trust account.
  • Creditor: HUTURE Ltd. (Huture).
  • Terms: unsecured, non‑interest bearing, matures upon closing of a business combination.
  • Conversion: the holder may convert the note into the Company’s equity at a price of $10.00 per unit (each unit consists of one share of common stock and one right to receive one‑fifth of a share), identical to the units issued in the Company’s initial public offering.

Why It Matters
This filing documents a direct financial obligation and a material agreement that temporarily increases the Company’s available cash in its trust account to pursue a business combination. For investors, the note creates (1) a liability on the Company’s balance sheet until the business combination closes and (2) potential equity dilution if HUTURE converts the note into units at the $10.00 conversion price. The amount is relatively small, but the arrangement affects the timeline and capitalization dynamics ahead of the Company’s planned business combination.

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