Aquaron Acquisition Corp. 8-K

What Happened
Aquaron Acquisition Corp. (AQUC) filed an 8-K (dated March 9, 2026) disclosing that on March 6, 2026 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 note is non‑interest bearing and matures upon the closing of a business combination.

Key Details

• Issuer: Aquaron Acquisition Corp.; Lender: HUTURE Ltd.
• Principal amount: $16,198.05; issuance date: March 6, 2026; 8‑K filed March 9, 2026.
• Terms: unsecured, no interest, matures upon closing of a business combination (no fixed calendar maturity).
• Conversion feature: note may be converted by the holder 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), consistent with the company’s IPO unit structure.

Why It Matters
This creates a direct financial obligation on AQUC’s balance sheet and increases the trust account cash available to pursue a merger or other business combination. The amount is modest, but the conversion feature could result in issuance of units at $10.00 each, which would be dilutive if converted. For investors, the filing documents a short‑term financing step intended to extend the SPAC’s runway to complete a business combination.