Investcorp India Acquisition Corp announces private placement of Convertible Promissory Note to returning investor Nant Capital, LLC for an aggregate gross proceeds of $3,000,000 on December 8, 2023. The loans may be settled in whole warrants to purchase Class A ordinary shares of the Company at a conversion price equal to $1.00 per warrant. The loans will not bear any interest and will be repayable by the Company to the Sponsor upon the earlier date of the consummation of the Company?s initial business combination or August 12, 2024.