Core Points - Plutonian Acquisition Corp. has extended the deadline for completing a business combination by three months, from May 15, 2024, to August 15, 2024, by depositing $210,000 into its trust account [1] - The company issued a promissory note to Big Tree Cloud for the deposited amount, which is convertible into common stock at a price of $10.00 per unit upon closing of a business combination [1] - Plutonian Acquisition Corp. is focused on identifying target businesses in metaverse technologies, tourism, and e-commerce in the Asia-Pacific region, while excluding certain companies based on specific auditing criteria [2] Company Overview - Plutonian Acquisition Corp. is a Delaware corporation established as a blank check company for mergers, acquisitions, and similar business combinations [2] - The company aims to identify prospective target businesses without limiting itself to a specific industry or geographic region, although it has a focus on the Asia-Pacific region [2] - The company explicitly excludes any target company with financial statements audited by firms that the U.S. Public Company Accounting Oversight Board cannot inspect for two consecutive years starting in 2021, as well as companies with operations in China consolidated through a VIE structure [2]
Plutonian Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination