Edoc Acquisition Corp. announced a private placement of a promissory note for an aggregate principal amount of up to $303,993.75 on November 16, 2022. The transaction will include participation from returning lender, American Physicians LLC.

The note bears no interest and is repayable in full upon the earlier of the date of the consummation of the business combination, or the date of the liquidation of the company. The principal amount of the note may be drawn down in three equal amounts of $101,331.25. All payments on this note shall be made by check or wire transfer of immediately available funds or as otherwise determined by the company.