UY Scuti extends deadline to January 1, 2027 with $450,000 trust deposit
UY Scuti Acquisition Corp. deposited $450,000 into its trust account on September 30, 2026, to extend its deadline to complete a business combination from October 1, 2026, to January 1, 2027. The deposit was loaned by Isdera HK Limited, an affiliate of Isdera Group, the company it has agreed to merge with, so the extension adds a loan from a related party and keeps the pending merger on its timeline.
Key points
- Deposit of $450,000 into the trust account on September 30, 2026, for the third three-month extension period
- Deadline to complete an initial business combination moved from October 1, 2026, to January 1, 2027
- The $450,000 was loaned by Isdera HK Limited, an affiliate of Isdera Group Limited; a promissory note is expected and will be filed later
- On September 22, 2026, parties to the July 18, 2025 merger agreement signed a joinder and First Amendment
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.