Plutonian Acquisition Corp. announced a private placement of an unsecured convertible promissory note for a principal amount of $210,000 on November 9, 2023. The transaction included participation from new investor, Big Tree Cloud International Group Limited.

The note does not bear interest and mature upon closing of a business combination by the company. 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.