ARYA SCIENCES ACQUISITION CORP IV ARYA Sciences Acquisition Corp IV announced that it has issued unsecured convertible promissory note for gross proceeds of $120,000 on November 7, 2022. The transaction included participation from returning investor ARYA Sciences Holdings IV. The notes are convertible into common shares of the company at a conversion price equal to $10.00 per working capital share.
No interest shall accrue on the unpaid principal balance of this note. All the securities issued in the transaction not be registered under the Securities Act of 1933, as amended, and will be issued in reliance on the exemption from registration requirements thereof provided by Section 4(a)(2) of the Securities Act.
