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Nova Vision Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination to September 10, 2023

News Press releases

Singapore, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $69,763.37 (representing approximately $0.045 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from August 10, 2023 to September 10, 2023. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.

GlobeNewswire Inc. • 04/08/2023 à 22:00:00
Author • Nova Vision Acquisition Corp.
Nova Vision Acquisition Corp. Ordinary share
Address: 3 OCEAN WAY
Postal Code: 098368
City: SINGAPORE
State: U0
Phone Number: 65 87183000
Status: Active
Company Info

Nova Vision Acquisition Corp is a blank check company.

List Date2021-09-30
MarketStocks
LocalUS
Primary ExchangeXNAS
TypeCS
Currency NameUSD
CIK0001858028
Market Cap39,753,198 USD
SIC Code6770
SIC DescriptionBLANK CHECKS
Share Class Shares Outstanding3320000
Weighted Shares Outstanding3318297
Round Lot100
Updated date2024-05-19
Stats
Last 5 days
17-05
16-05
15-05
14-05
13-05
Last
12.03
11.89
11.891
11.89
11.89
Variance
1.18%
0%
-0.24%
0%
0%
Open
11.89
11.89
11.92
11.89
11.89
Highest
12.03
11.89
11.92
11.89
11.89
Lowest
12.03
11.89
11.92
11.89
11.89
History
PeriodVarhighestlowest
1 week
1.18%
11.89
11.89
1 month
1.69%
11.83
11.82
3 month
0.33%
14.394
11.578
6 month
5.71%
11.38
11.36
1 year
12.12%
10.77
10.73
3 year
22.51%
9.82
9.8
5 year
22.51%
9.82
9.8
10 year
22.51%
9.82
9.8
Stock Financials
Balance Sheet
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date 2023-05-15 2023-08-07 2023-11-14 UNPUB
Assets 19,429,538 19,723,536 17,563,863 UNPUB
Current Assets 184,788 25,128 173,023 UNPUB
Current Liabilities 1,175,347 1,423,938 2,009,637 UNPUB
Equity -1,740,559 -2,148,810 -2,586,614 UNPUB
Equity Attributable To Noncontrolling Interest 0 0 0 UNPUB
Equity Attributable To Parent -1,740,559 -2,148,810 -2,586,614 UNPUB
Liabilities 1,925,347 2,173,938 2,759,637 UNPUB
Liabilities And Equity 19,429,538 19,723,536 17,563,863 UNPUB
Noncurrent Assets 19,244,750 19,698,408 17,390,840 UNPUB
Noncurrent Liabilities 750,000 750,000 750,000 UNPUB
Cash Flow Statement
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date 2023-05-15 2023-08-07 2023-11-14 UNPUB
Exchange Gains/Losses UNPUB UNPUB UNPUB UNPUB
Net Cash Flow 0 0 0 UNPUB
Net Cash Flow, Continuing 0 0 0 UNPUB
Net Cash Flow From Financing Activities 378,839 255,091 -2,170,368 UNPUB
Net Cash Flow From Financing Activities, Continuing 378,839 255,091 -2,170,368 UNPUB
Net Cash Flow From Investing Activities -259,826 -118,992 2,396,002 UNPUB
Net Cash Flow From Investing Activities, Continuing -259,826 -118,992 2,396,002 UNPUB
Net Cash Flow From Operating Activities -119,013 -136,099 -225,634 UNPUB
Net Cash Flow From Operating Activities, Continuing -119,013 -136,099 -225,634 UNPUB
Comprehensive Income
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date 2023-05-15 2023-08-07 2023-11-14 UNPUB
Comprehensive Income/Loss 23,978 45,407 10,696 UNPUB
Comprehensive Income/Loss Attributable To Noncontrolling Interest 0 0 0 UNPUB
Comprehensive Income/Loss Attributable To Parent 23,978 45,407 10,696 UNPUB
Other Comprehensive Income/Loss 0 0 0 UNPUB
Other Comprehensive Income/Loss Attributable To Parent UNPUB UNPUB UNPUB UNPUB
Income Statement
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date 2023-05-15 2023-08-07 2023-11-14 UNPUB
Basic Earnings Per Share 0 0 0 UNPUB
Benefits Costs and Expenses UNPUB UNPUB UNPUB UNPUB
Cost Of Revenue UNPUB UNPUB UNPUB UNPUB
Costs And Expenses UNPUB UNPUB UNPUB UNPUB
Diluted Earnings Per Share UNPUB 0 0 UNPUB
Gross Profit UNPUB UNPUB UNPUB UNPUB
Income/Loss From Continuing Operations After Tax 23,978 45,407 10,696 UNPUB
Income/Loss From Continuing Operations Before Tax 23,978 45,407 10,696 UNPUB
Income Tax Expense/Benefit UNPUB UNPUB UNPUB UNPUB
Interest Expense, Operating UNPUB UNPUB UNPUB UNPUB
Net Income/Loss 23,978 45,407 10,696 UNPUB
Net Income/Loss Attributable To Noncontrolling Interest 0 0 0 UNPUB
Net Income/Loss Attributable To Parent 23,978 45,407 10,696 UNPUB
Net Income/Loss Available To Common Stockholders, Basic 23,978 45,407 10,696 UNPUB
Operating Expenses UNPUB UNPUB UNPUB UNPUB
Operating Income/Loss UNPUB UNPUB UNPUB UNPUB
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic 0 0 0 UNPUB
Preferred Stock Dividends And Other Adjustments 0 0 0 UNPUB
Revenues UNPUB UNPUB UNPUB UNPUB
Balance Sheet
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date 2022-05-12 2022-08-05 2022-11-14 2023-03-31
Assets 58,780,207 58,731,813 59,410,763 19,026,721
Current Assets 698,863 567,984 407,544 284,701
Current Liabilities 50,577 103,343 695,143 796,508
Equity 3,583,600 896,039 -1,037,599 -1,261,807
Equity Attributable To Noncontrolling Interest 0 0 0 0
Equity Attributable To Parent 3,583,600 896,039 -1,037,599 -1,261,807
Liabilities 800,577 853,343 1,445,143 1,546,508
Liabilities And Equity 58,780,207 58,731,813 59,410,763 19,026,721
Noncurrent Assets 58,081,344 58,163,829 59,003,219 18,742,020
Noncurrent Liabilities 0 0 750,000 750,000
Cash Flow Statement
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date 2022-05-12 2022-08-05 2022-11-14 2023-03-31
Exchange Gains/Losses UNPUB UNPUB UNPUB UNPUB
Net Cash Flow 0 0 0 0
Net Cash Flow, Continuing 0 0 0 0
Net Cash Flow From Financing Activities -180 345 200 120,365
Net Cash Flow From Financing Activities, Continuing -180 345 200 120,365
Net Cash Flow From Investing Activities 112,521 72,130 340,953 589,193
Net Cash Flow From Investing Activities, Continuing 112,521 72,130 340,953 589,193
Net Cash Flow From Operating Activities -112,341 -72,475 -341,153 -709,558
Net Cash Flow From Operating Activities, Continuing -112,341 -72,475 -341,153 -709,558
Comprehensive Income
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date 2022-05-12 2022-08-05 2022-11-14 2023-03-31
Comprehensive Income/Loss -198,929 -101,160 87,150 -75,807
Comprehensive Income/Loss Attributable To Noncontrolling Interest 0 0 0 0
Comprehensive Income/Loss Attributable To Parent -198,929 -101,160 87,150 -75,807
Other Comprehensive Income/Loss 0 0 0 0
Other Comprehensive Income/Loss Attributable To Parent UNPUB UNPUB UNPUB UNPUB
Income Statement
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date 2022-05-12 2022-08-05 2022-11-14 2023-03-31
Basic Earnings Per Share UNPUB UNPUB 0 -1
Benefits Costs and Expenses UNPUB UNPUB UNPUB UNPUB
Cost Of Revenue UNPUB UNPUB UNPUB UNPUB
Costs And Expenses UNPUB UNPUB UNPUB UNPUB
Diluted Earnings Per Share UNPUB UNPUB UNPUB UNPUB
Gross Profit UNPUB UNPUB UNPUB UNPUB
Income/Loss From Continuing Operations After Tax -198,929 -101,160 87,150 -75,807
Income/Loss From Continuing Operations Before Tax -198,929 -101,160 87,150 -75,807
Income Tax Expense/Benefit UNPUB UNPUB UNPUB UNPUB
Interest Expense, Operating UNPUB UNPUB UNPUB UNPUB
Net Income/Loss -198,929 -101,160 87,150 -75,807
Net Income/Loss Attributable To Noncontrolling Interest 0 0 0 0
Net Income/Loss Attributable To Parent -198,929 -101,160 87,150 -75,807
Net Income/Loss Available To Common Stockholders, Basic -198,929 -101,160 87,150 -75,807
Operating Expenses 203,686 UNPUB UNPUB UNPUB
Operating Income/Loss UNPUB UNPUB UNPUB UNPUB
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic 0 0 0 0
Preferred Stock Dividends And Other Adjustments 0 0 0 0
Revenues UNPUB UNPUB UNPUB UNPUB
Balance Sheet
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date UNPUB UNPUB 2021-11-12 2022-03-15
Assets UNPUB UNPUB 59,093,171 58,966,737
Current Assets UNPUB UNPUB 1,017,668 890,133
Current Liabilities UNPUB UNPUB 58,072 38,178
Equity UNPUB UNPUB 5,000,007 6,161,914
Equity Attributable To Noncontrolling Interest UNPUB UNPUB 0 0
Equity Attributable To Parent UNPUB UNPUB 5,000,007 6,161,914
Liabilities UNPUB UNPUB 808,072 788,178
Liabilities And Equity UNPUB UNPUB 59,093,171 58,966,737
Noncurrent Assets UNPUB UNPUB 58,075,503 58,076,604
Noncurrent Liabilities UNPUB UNPUB 750,000 750,000
Cash Flow Statement
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date UNPUB UNPUB 2021-11-12 2022-03-15
Exchange Gains/Losses UNPUB UNPUB UNPUB UNPUB
Net Cash Flow UNPUB UNPUB 791,422 UNPUB
Net Cash Flow, Continuing UNPUB UNPUB 791,422 UNPUB
Net Cash Flow From Financing Activities UNPUB UNPUB 59,228,398 UNPUB
Net Cash Flow From Financing Activities, Continuing UNPUB UNPUB 59,228,398 UNPUB
Net Cash Flow From Investing Activities UNPUB UNPUB UNPUB UNPUB
Net Cash Flow From Investing Activities, Continuing UNPUB UNPUB UNPUB UNPUB
Net Cash Flow From Operating Activities UNPUB UNPUB -361,976 UNPUB
Net Cash Flow From Operating Activities, Continuing UNPUB UNPUB -361,976 UNPUB
Comprehensive Income
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date UNPUB UNPUB 2021-11-12 2022-03-15
Comprehensive Income/Loss UNPUB UNPUB -179,629 UNPUB
Comprehensive Income/Loss Attributable To Noncontrolling Interest UNPUB UNPUB 0 UNPUB
Comprehensive Income/Loss Attributable To Parent UNPUB UNPUB -179,629 UNPUB
Other Comprehensive Income/Loss UNPUB UNPUB 0 UNPUB
Other Comprehensive Income/Loss Attributable To Parent UNPUB UNPUB UNPUB UNPUB
Income Statement
LabelQuarter 1 (USD)Quarter 2 (USD)Quarter 3 (USD)Full Year (USD)
Filing date UNPUB UNPUB 2021-11-12 2022-03-15
Basic Earnings Per Share UNPUB UNPUB UNPUB UNPUB
Benefits Costs and Expenses UNPUB UNPUB UNPUB UNPUB
Cost Of Revenue UNPUB UNPUB UNPUB UNPUB
Costs And Expenses UNPUB UNPUB UNPUB UNPUB
Diluted Earnings Per Share UNPUB UNPUB UNPUB UNPUB
Gross Profit UNPUB UNPUB UNPUB UNPUB
Income/Loss From Continuing Operations After Tax UNPUB UNPUB -179,629 UNPUB
Income/Loss From Continuing Operations Before Tax UNPUB UNPUB -179,629 UNPUB
Income Tax Expense/Benefit UNPUB UNPUB UNPUB UNPUB
Interest Expense, Operating UNPUB UNPUB 27 UNPUB
Net Income/Loss UNPUB UNPUB -179,629 UNPUB
Net Income/Loss Attributable To Noncontrolling Interest UNPUB UNPUB 461 UNPUB
Net Income/Loss Attributable To Parent UNPUB UNPUB -180,090 UNPUB
Net Income/Loss Available To Common Stockholders, Basic UNPUB UNPUB -180,090 UNPUB
Operating Expenses UNPUB UNPUB 180,159 UNPUB
Operating Income/Loss UNPUB UNPUB UNPUB UNPUB
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic UNPUB UNPUB 0 UNPUB
Preferred Stock Dividends And Other Adjustments UNPUB UNPUB 0 UNPUB
Revenues UNPUB UNPUB UNPUB UNPUB
Calendar
17 May 2024 (Time UTC) Actual Previous Consensus
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News Stream
News Press releases
Nova Vision Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination to June 10, 2024
Singapore, May 10, 2024 (GLOBE NEWSWIRE) -- Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $69,763.37 (representing approximately $0.045 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from May 10, 2024 to June 10, 2024. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
GlobeNewswire Inc. • 1w ago
News Press releases
Nova Vision Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination to May 10, 2024
Singapore, April 10, 2024 (GLOBE NEWSWIRE) -- Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $69,763.37 (representing approximately $0.045 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from April 10, 2024 to May 10, 2024. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
GlobeNewswire Inc. • 1mo ago
News Press releases
Nova Vision Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination to January 10, 2024
Singapore, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $69,763.37 (representing approximately $0.045 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from December 10, 2023 to January 10, 2024. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
GlobeNewswire Inc. • 5mo ago
News Press releases
Nova Vision Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination to December 10, 2023
Singapore, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $69,763.37 (representing approximately $0.045 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from November 10, 2023 to December 10, 2023. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
GlobeNewswire Inc. • 6mo ago
News Press releases
Nova Vision Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination to November 10, 2023
Singapore, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $69,763.37 (representing approximately $0.045 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from October 10, 2023 to November 10, 2023. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
GlobeNewswire Inc. • 7mo ago
News Press releases
Nova Vision Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination to October 10, 2023
Singapore, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $69,763.37 (representing approximately $0.045 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from September 10, 2023 to October 10, 2023. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
GlobeNewswire Inc. • 8mo ago
News Press releases
Nova Vision Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination to September 10, 2023
Singapore, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $69,763.37 (representing approximately $0.045 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from August 10, 2023 to September 10, 2023. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
GlobeNewswire Inc. • 9mo ago
News Press releases
Nova Vision Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination to September 10, 2023
Singapore, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $69,763.37 (representing approximately $0.045 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from August 10, 2023 to September 10, 2023. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
GlobeNewswire Inc. • 9mo ago
News Press releases
Nova Vision Acquisition Corp. Announces Extension of Combination Period and Additional Contribution to Trust Account to Extend Combination Period to August 10, 2023
Singapore, July 06, 2023 (GLOBE NEWSWIRE) -- Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $75,030.26 (representing approximately $0.0416 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from July 10, 2023 to August 10, 2023. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
GlobeNewswire Inc. • 10mo ago
News Press releases
Nova Vision Acquisition Corp. Announces Extension of Combination Period and Additional Contribution to Trust Account to Extend Combination Period to August 10, 2023
Singapore, July 06, 2023 (GLOBE NEWSWIRE) -- Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $75,030.26 (representing approximately $0.0416 per ordinary share issued at the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from July 10, 2023 to August 10, 2023. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company’s units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company’s initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
GlobeNewswire Inc. • 10mo ago
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