Aquaron Acquisition Corp. 8-K

What Happened

• Aquaron Acquisition Corp. filed an 8‑K on May 13, 2026 reporting that its stockholders approved amendments to allow the company to extend the deadline to complete a business combination on a monthly basis (up to 12 months). The Company executed an amendment to its Investment Management Trust Agreement with Continental Stock Transfer & Trust Company and filed an amended and restated certificate of incorporation on May 7, 2026.
• On May 7, 2026 the Company also issued an unsecured promissory note for $4,000 to HUTURE Ltd. (no interest; principal due upon a business combination with Huture) and made a $4,000 deposit (the “Extension Payment”) into the trust account to effect an extension.

Key Details

• Shareholder vote (Special Meeting, May 7, 2026): 1,623,108 shares represented (96.765% of 1,731,047 entitled to vote). Both the charter amendment and trust amendment passed with votes 1,623,071 FOR, 37 AGAINST, 0 ABSTAIN.
• Trust amendment permits monthly extensions up to 12 times from May 6, 2026 to May 6, 2027 by depositing $0.033 per public share for each one‑month extension; amendment filed as Exhibit 10.1.
• The Company issued a $4,000 unsecured promissory note to HUTURE Ltd. (no interest); note is convertible into units at $10.00 per unit (one share + one right to 1/5 of a share) and principal is payable upon consummation of a business combination with Huture.
• The filing states the Company made a $4,000 Extension Payment to the Trust Account on May 7, 2026 to extend the period to consummate an initial business combination (the filing text references extension to June 6, 2027).

Why It Matters

• For retail investors, these actions delay the SPAC’s mandatory liquidation deadline (if needed) and give the sponsor more time to find and close a business combination. That can preserve the trust account and prevent automatic redemption/liquidation that would otherwise return funds to public shareholders.
• The $4,000 promissory note creates a direct financial obligation and a potential source of dilution (convertible into units at $10 each) if converted at closing with Huture. Investors should note the amendment terms (monthly fee of $0.033 per public share) and the voting outcome confirming shareholder approval of the extensions.