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A SPAC II Acquisition Issues Promissory Note to Sponsor

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A SPAC II Acquisition Issues Promissory Note to Sponsor

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A SPAC II Acquisition ( (ASCBF) ) has shared an announcement.

On October 17, 2025, A SPAC II Acquisition Corp. issued a $500,000 unsecured promissory note to its sponsor, A SPAC II (Holdings) Corp. The note, which is convertible into warrants, will be used for company expenses and working capital. Additionally, on the same day, Mr. Ka Wo Chan resigned from the board of directors, with his departure not stemming from any disagreements with the company.

More about A SPAC II Acquisition

Average Trading Volume: 1,900

Technical Sentiment Signal: Buy

Current Market Cap: $68.2M

See more insights into ASCBF stock on TipRanks’ Stock Analysis page.

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