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UY Scuti Acquisition signs USD 450,000 extension loan note with Sun Peisha

PUBT·04/29/2026 12:07:05
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UY Scuti Acquisition signs USD 450,000 extension loan note with Sun Peisha
  • UY Scuti Acquisition executed an unsecured, interest-free promissory note dated April 13, 2026 covering a $450,000 loan from Sun Peisha.
  • Funds were deposited into trust account to finance a three-month deadline extension to July 1, 2026 for completing an initial business combination.
  • Note matures upon consummation of business combination under July 18, 2025 merger agreement involving Isdera Group Limited, Xinghui Automotive Technology (Hainan), UY Scuti Acquisition.
  • Outstanding principal converts at maturity into units at $10 per unit, each unit comprising one ordinary share plus one right to receive one-fifth of one ordinary share.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UY Scuti Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-001545), on April 29, 2026, and is solely responsible for the information contained therein.