GoGreen Investments Corporation announced that it has issued a promissory note (extension note) at a price of $2,760,000 per promissory note for proceeds of $2,760,000, and a promissory note (working capital note) at a price of $300,000 for proceeds of $300,000 for total gross proceeds of $3,060,000 on January 19, 2023. The transaction included participation from returning lender Gogreen Sponsor 1 Lp. The Extension Note bears no interest and is due and payable in cash upon the earlier to occur of the date on which the Company's initial business combination is consummated and the liquidation of the Company on or before April 25, 2023 (unless extended to July 25, 2023) or such later liquidation date as may be approved by the company's shareholders.

The Working Capital Note bears no interest and is due and payable in cash upon the earlier to occur of the date on which the Company consummates its initial business combination and the date that the winding up of the Company is effective.