M&A - Healthcare AI Acquisition Corp.

Form Type: 8-K

Filing Date: 2025-05-30

Corporate Action: Acquisition

Type: New

Accession Number: 000147793225004250

Filing Summary: On May 30, 2025, Healthcare AI Acquisition Corp. reported the issuance of an unsecured amended and restated promissory note to Leading Group Limited for a total amount of $711,619.15. This note is intended to replace three previous promissory notes that totalled $602,692.68 and includes additional funds for extension payments and working capital. The note does not accrue interest and is repayable in cash upon the closing of the company's ongoing business combination with Leading Partners Limited and Leading Group. In the event of liquidation, all owed amounts will also be settled in cash. This filing is part of the broader efforts by Healthcare AI Acquisition Corp. to complete its business combination transaction, highlighting its proactive financial management in anticipation of this significant corporate milestone.

Form Type: 8-K

Filing Date: 2025-01-23

Corporate Action: Acquisition

Type: New

Accession Number: 000147793225000420

Filing Summary: On January 17, 2025, Healthcare AI Acquisition Corp. issued an unsecured promissory note to Leading Group Limited for a loan of $100,000 to be used for working capital purposes. This transaction is part of a previously reported business combination agreement with Leading Partners Limited and Leading Group aimed at completing a business combination. The note does not accrue interest and is set to mature upon the closing of the Business Combination, with repayment due in cash in the event of liquidation.