8i Acquisition 2 Borrows $200K From CEO

8i Acquisition 2 in a regulatory filing said it issued an unsecured promissory note for $200,000 to Tan Meng Dong (James), the company’s CEO and chairman. The note may be converted into units at $10 each.

The filing does not state what the money is to be used for.

8i has a merger agreement with Singapore-based EUDA Health Limited, a digital health platform. Read more.

Total
0
Shares
Related Posts
Read More

Aries I Acquisition Liquidates

The balance of the trust as of March 8 was approximately $24 million. The SPAC had raised $125 million in a May 2021 IPO, although redemptions ahead of several extension votes whittled down the trust over the last 22 months.