Recent Updates — CHARU

Shareholders approved proposals to amend the charter and trust agreement, allowing the company to extend its business combination deadline by up to twelve one-month periods until October 25, 2027. Each extension requires a deposit of $0.03 per public share remaining outstanding after redemptions, capped at $60,000 per month. Approximately 5.7 million shares were redeemed at ~$11.03 per share. The sponsor also converted 1.46 million founder shares to Class A status. The company operates as a blank check entity focused on identifying and merging with private businesses.

Charlton Aria Acquisition Corp issued an unsecured promissory note to its sponsor, ST Sponsor II Limited, on August 25, 2026. The Working Capital Note has a principal amount of up to US$500,000 and bears no interest except for default rates on overdue amounts. Funds are payable upon the earlier of the initial business combination or liquidation. The sponsor may convert the note into private units at $10.00 per unit prior to closing. This SPAC operates in the financial services sector, specializing in identifying and merging with private companies.

Charlton Aria Acquisition Corporation announced that its Sponsor deposited $850,000 into the trust account on August 3, 2026, securing a second three-month extension. This action extends the deadline to complete an initial business combination from July 25, 2026, to October 25, 2026. In connection with this extension, the Company issued an unsecured promissory note for $850,000 to the Sponsor, which may be converted into private units at $10.00 per unit upon written notice prior to closing. This marks the second and final permitted extension under the Company's charter. Charlton Aria Acquisition Corporation is a blank check company incorporated in the Cayman Islands for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.