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The latest announcement is out from Eureka Acquisition Corp Class A ( (EURK) ).
Eureka Acquisition Corp, a Cayman Islands exempted company, has extended its deadline to complete its initial business combination from October 3, 2025, to November 3, 2025. This extension was made possible by a $150,000 deposit into the company’s trust account by its sponsor, Hercules Capital Management Corp. The company issued an unsecured promissory note for this amount, which bears no interest and is payable upon the completion of the business combination or the expiry of the company’s term. The sponsor has the option to convert this note into private units of the company, which could impact the company’s financial structure and shareholder value.
More about Eureka Acquisition Corp Class A
Average Trading Volume: 8,482
Technical Sentiment Signal: Strong Buy
Current Market Cap: $51.64M
Learn more about EURK stock on TipRanks’ Stock Analysis page.