Aimei Health Technology Extends SPAC Deadline; Issues $34.33K Note

What Happened
Aimei Health Technology Co., Ltd. filed an 8‑K reporting that it deposited $34,330.96 into its trust account to extend the period to complete its initial business combination by one month, moving the termination date from September 6, 2026 to October 6, 2026. The company issued an unsecured promissory note on September 3, 2026 to Aimei Investment Ltd to fund that extension. The extension is the 22nd permitted under the company’s Amended and Restated Articles of Association. The contemplated business combination referenced in the filing is with United Hydrogen.

Key Details

• Extension payment: $34,330.96 deposited to the trust account to extend the SPAC period by one month (Sept 6, 2026 → Oct 6, 2026).
• Formula stated: extension payment represents the lesser of (i) $80,000 for all outstanding public shares or (ii) $0.033 per outstanding public share for each monthly extension.
• Promissory Note: $34,330.96 principal, issued Sept 3, 2026 to Aimei Investment Ltd; unsecured, no interest; principal due upon closing of the business combination with United Hydrogen.
• Conversion right: the payee may convert all or part of the note into private units at $10.00 per unit (each unit = one ordinary share + a right to receive 1/5 of one ordinary share) by giving written notice at least two business days before closing.

Why It Matters
For investors, this filing shows the sponsor (Aimei Investment Ltd) provided funds to buy one more month to complete the SPAC business combination. The note is a short-term obligation tied to the closing of the business combination rather than a scheduled maturity and is unsecured and non‑interest bearing. Conversion of the note into private units would dilute existing holders of private shares (and potentially affect post‑closing equity structure), while the trust account deposit preserves the cash backing for public shareholders for another month. The fact this is the 22nd extension highlights repeated delays in completing the transaction with United Hydrogen.