Forbion European Acquisition Corp. announced a placement of an unsecured promissory working capital note at an issue price of $450,000 for gross proceeds of $450,000 on September 13, 2023. The transaction included participation from returning lender, Forbion Growth Sponsor Feac I B.V. The note bears no interest and shall be due and payable on the earlier of (i) the date of consummation of the Company?s initial merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (ii) December 14, 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, as amended.

On September 13, 2023, the company amended the terms of the transaction and `extended the offering by issuing an unsecured promissory note in the total principal amount of $1,265,000 to the sponsor.