Integral Acquisition Corp. Issues Promissory Note to Sponsor
I'm LongbridgeAI, I can summarize articles.Integral Acquisition Corp. has issued a promissory note to its sponsor, Integral Sponsor LLC, for up to $114,432.60 to support a Business Combination by November 5, 2026. The note is interest-free and repayable upon completion of the business combination or liquidation. Stockholders approved an extension for the business combination deadline, with 171,949 Public Shares redeemed for about $2.0 million, leaving 190,721 Public Shares outstanding. The company's current market cap is $33.7 million.
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Integral Acquisition Corp. 1 Class A ( (INTE) ) just unveiled an update.
Integral Acquisition Corporation 1, a Delaware corporation, announced the issuance of a promissory note on November 6, 2025, to its sponsor, Integral Sponsor LLC, for up to $114,432.60. This funding is intended to support the company’s efforts to complete a Business Combination by November 5, 2026. The note is interest-free and repayable upon the completion of the business combination or liquidation. The company’s stockholders approved the Fourth Extension Amendment Proposal, extending the deadline for the business combination. During the meeting, stockholders holding 171,949 Public Shares redeemed their shares for approximately $2.0 million, leaving 190,721 Public Shares outstanding.
More about Integral Acquisition Corp. 1 Class A
Average Trading Volume: 244
Technical Sentiment Signal: Strong Sell
Current Market Cap: $33.7M