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Eureka Acquisition Corp Class A ( (EURK) ) just unveiled an update.
On June 25, 2025, Eureka Acquisition Corp announced revisions to its trust account contributions and terms related to its Charter Amendment Proposal. The proposal, which will be voted on at the Extraordinary General Meeting on June 30, 2025, allows the company until July 3, 2025, to complete a business combination, with the option to extend this period up to 12 times by one month each, potentially extending to July 3, 2026. The revised terms include a monthly extension fee of $150,000, which must be deposited into the trust account, with a 30-day cure period for any missed payments. Failure to meet these conditions will result in the company’s liquidation and dissolution. This amendment aims to provide the company with more flexibility in completing a business combination, impacting its operational timeline and strategic positioning within the industry.
More about Eureka Acquisition Corp Class A
Eureka Acquisition Corp is a special purpose acquisition company (SPAC) formed to facilitate mergers, share exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses.
Average Trading Volume: 29,611
Technical Sentiment Signal: Strong Buy
Current Market Cap: $15.07M
See more data about EURK stock on TipRanks’ Stock Analysis page.