Recent Updates — UYSCR

UY Scuti Acquisition Corp. issued a $900,000 unsecured promissory note to Isdera HK Limited to evidence prior extension loans and a note for up to $200,000 to Xinghui Automotive Technology to finance transaction costs. These instruments bear no interest and mature upon the closing of the proposed business combination with Isdera Group, effectively extending the deadline to January 1, 2027. The notes may be converted into units at $10.00 per unit if not settled via cash or intercompany set-off at closing. UY Scuti Acquisition Corp. is a blank check company seeking to merge with an automotive technology business.