Aquaron Acquisition Corp (AQUC) adds $16K HUTURE note for SPAC extension

Rhea-AI Filing Summary

Aquaron Acquisition Corp. entered into a new financing arrangement to support more time to complete its business combination. On January 6, 2026, the company issued an unsecured promissory note for $16,198.05 to HUTURE Ltd., in exchange for Huture depositing the same amount into Aquaron’s trust account to extend the deadline to close a deal. The note carries no interest and becomes due when Aquaron completes a business combination. Huture may also choose to convert the note into units of Aquaron’s common stock at $10.00 per unit, with each unit consisting of one share of common stock and one right to receive one-fifth of a share of common stock.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

January 6, 2026

Date of Report (Date of earliest event reported)

Aquaron Acquisition Corp.

(Exact Name of Registrant as Specified in its Charter)

Delaware		001-41470		86-2760193
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

515 Madison Ave. 8th Floor New York NY		10022
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (646) 970-2181

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☒	Written communications pursuant to Rule 425 under the Securities Act
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Securities registered pursuant to Section 12(b) of the Act: None 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 

Item 1.01. Entry into a Material Definitive Agreement.

The disclosure contained in Item 2.03 is incorporated by reference in this Item 1.01

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On January 6, 2026, Aquaron Acquisition Corp. (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $16,198.05 (the “Note”) to HUTURE Ltd. (“Huture”) in exchange for Huture depositing such amount into the Company’s trust account in order to extend the amount of time it has available to complete a business combination. The Note does not bear interest and mature upon closing of a business combination by the Company. In addition, the Note may be converted by the holder into shares of common stock of the Company identical to the common stock issued in the Company’s initial public offering at a price of $10.00 per unit (each unit is consisted of one share of common stock and one right to receive one-fifth (1/5) of a share of common stock).

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: January 8, 2026

AQUARON ACQUISITION CORP.

By:	/s/ Yi Zhou
Name:	Yi Zhou
Title:	Chief Executive Officer

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FAQ

What financing did Aquaron Acquisition Corp. (AQUC) enter into on January 6, 2026?

Aquaron Acquisition Corp. issued an unsecured promissory note with a principal amount of $16,198.05 to HUTURE Ltd.. In return, Huture deposited the same amount into the company’s trust account.

Why did Aquaron Acquisition Corp. (AQUC) issue the $16,198.05 promissory note?

The note was issued so that funds could be deposited into Aquaron’s trust account to extend the amount of time available to complete a business combination.

Does the new promissory note issued by AQUC to HUTURE Ltd. bear interest?

No. The promissory note issued to HUTURE Ltd. by Aquaron Acquisition Corp. does not bear interest.

When does the Aquaron Acquisition Corp. (AQUC) promissory note to HUTURE Ltd. mature?

The promissory note matures upon the closing of a business combination by Aquaron Acquisition Corp.

Can the HUTURE Ltd. note be converted into Aquaron Acquisition Corp. (AQUC) equity?

Yes. The holder may convert the note into shares of common stock at $10.00 per unit, with each unit consisting of one share of common stock and one right to receive one-fifth (1/5) of a share of common stock.

What are the terms of the units underlying the conversion of the AQUC note?

Each unit for conversion is priced at $10.00 and is identical to those in Aquaron’s initial public offering, consisting of one share of common stock and one right to receive one-fifth (1/5) of a share of common stock.