Bellevue Life Sciences Acquisition Corp. (BLAC) has released an update.
Bellevue Life Sciences Acquisition Corp. has issued a $75,000 unsecured promissory note to board member Jun Chul Whang, due by August 9, 2024, or upon an initial business combination. The note will be forgiven if no combination occurs, barring any remaining external funds. Additionally, stockholders approved extending the deadline for a business combination to May 14, 2024, and accordingly, the company’s charter has been amended. To align with this extension, $60,000 was added to the trust account to extend the deadline further to March 14, 2024.
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