Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
On January 5, 2023, Nova Vision Acquisition Corp. (the "Company") issued an
unsecured promissory note in the aggregate principal amount of $75,030.26 (the
"Note") to Nova Pulsar Holdings Limited, the Company's initial public offering
sponsor ("Sponsor") in exchange for Sponsor depositing such amount into the
Company's trust account in order to extend the amount of time it has available
to complete a business combination. The Note does not bear interest and matures
upon the closing of a business combination by the Company. In addition, the Note
may be converted by the holder into units of the Company identical to the units
issued in the Company's initial public offering at a price of $10.00 per unit.
Item 8.01 Other Events
The Company extended the business combination period to February 10, 2023, by
depositing $75,030.26 to the trust account on January 6, 2023. The Company
issued the release filed herewith on January 9, 2023. The materials attached as
Exhibit 99.1 are incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
Exhibit No. Description
10.1 Promissory Note dated January 5, 2023
99.1 Press Release dated January 9, 2023
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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