Armada Acquisition Corp. II issues promissory note to Arrington XRP Capital Fund
The SPAC issued a $50 million promissory note to Lender with a maturity date in 2029. The note allows for interest-free loans determined by the lender, distinguishing Armada from SPACs utilizing traditional lines of credit.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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