Golden Arrow Merger in a regulatory filing said it issued an unsecured convertible promissory note for up to $400,000 to its sponsor for working capital.
Any portion of the principal can be converted into warrants at $1.50 each.
Golden Arrow raised $250 million in a March 2021 IPO. At hat time the SPAC said it is focused on healthcare or healthcare-related infrastructure industries in the United States and other developed countries. Read more.
