Financing ·
Black Hawk Acquisition Corp issued a convertible promissory note to its Sponsor, Black Hawk Management LLC, with a…
BKHABlack Hawk Acquisition Corp
Black Hawk Acquisition Corp issued a convertible promissory note to its Sponsor, Black Hawk Management LLC, with a principal amount of up to $300,000. The note bears interest at 10% per annum starting July 8, 2026, and matures upon the closing of an initial business combination or liquidation. Upon conversion in a DeSPAC transaction, the note converts into common stock at $1.00 per share. This SPAC is seeking to identify and merge with a target company.