AF Acquisition in an 8-K said it issued a convertible note of up to $200,000 to its sponsor for working capital. Any part of the unpaid principal may be converted into warrants at $1.50 each.
AF Acquisition raised $200 million in a March IPO. The SPAC intends to focus its search on companies in the food and beverage, health and wellness, beauty, personal care and pet industries. Read more.
