Nova Vision Acquisition sponsor extends period for business combination

Nova Vision Acquisition announced that Nova Pulsar Holdings, the company’s initial public offering sponsor, has deposited into the company’s trust account an aggregate of $6,301.56, representing approximately 3c per ordinary share issued at the company’s IPO that has not been redeemed, in order to extend the period of time the company has to complete a business combination for an additional one month period, from October 10 to November 10. The company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The purpose of the extension is to provide time for the company to complete a business combination.