Aquaron Acquisition Corp. announced a private placement transaction and issued unsecured promissory note in the aggregate principal amount of 16,198.05 for gross proceeds of 16,198.05 on May 6, 2025.The transaction includes participation from returning investor, HUTURE Ltd. The Note does not bear interest and mature upon closing of a business combination by the Company. The Note may be converted by the holder into shares of common stock of at a price of $10 per unit (each unit is consisted of one share of common stock and one right to receive one-fifth (1/5) of a share of common stock).