Aequi Acquisition Corp. announced a private placement of promissory note for the gross proceeds of up to $1,500,000 on February 1, 2023. The issuance of the Note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933.

The note may be converted into warrants of the company at a price of $1.50 per warrant.