Nova Vision Acquisition in an 8-K said it issued a promissory note for $350,000 to its sponsor for working capital. The note is convertyible into units at $10 each.
The SPAC in May announced a merger agreement with REAL Messenger Holdings at a potential pre-money enterprise value of approximately $150 million. Through the use of social network and domain-specific proprietary AI-trained data, REAL will offer an internationally universal platform for real estate transactions. Read more.
Source: Nova Vision Acquisition Secures 0K Sponsor Loan