Nova Vision Acquisition announces extension of combination period

Nova Vision Acquisition Corp. announced that Nova Pulsar Holdings Limited, the company’s initial public offering sponsor, has deposited into the company’s trust account an aggregate of $75,030.26, in order to extend the period of time the company has to complete a business combination for an additional one month period, from December 10, 2022 to January 10, 2023. The company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the company’s units at a price of $10.00 per unit at the closing of a business combination by the company. The purpose of the extension is to provide time for the company to complete a business combination.