PEPPERLIME HEALTH ACQUISITION CORPORATION PepperLime Health Acquisition Corporation announced a private placement to issue non convertible unsecured promissory note of principal amount of $300,000 for the gross proceeds of $300,000 on October 18, 2023. The transaction included participation from new lender PepperOne LLC. In the event that the Company does not consummate a business combination, the Note will be terminated.
Such Note is convertible into the Company?s ordinary shares prior to or concurrently with the closing of a business combination, at the price of $10.00 per share at the option of the Sponsor. The Note does not bear interest.
