Recent Updates — AXINU
July 28, 2026View Source ↗
Axiom Intelligence Acquisition Corp 1 issued an unsecured promissory note to its sponsor, Axiom Intelligence Holdings 1 LLC, for up to $1,000,000 to fund working capital needs. The note bears no interest and matures upon the earlier of the closing of an initial business combination or the company's liquidation. The sponsor may convert outstanding amounts into units at a price of $10.00 per unit, with each unit comprising one Class A ordinary share and one right to receive one-tenth of a share. This financing arrangement provides necessary liquidity for the special purpose acquisition company as it seeks a target for its initial business combination.