Edoc Acquisition (ADOC) has released an update.
EDOC Acquisition Corp., a special purpose acquisition company, has taken a step to secure its financial footing by agreeing to a promissory note with American Physicians LLC for up to $250,000, aimed at supporting its working capital needs. This interest-free financial instrument is set to be repaid upon the successful completion of the company’s initial business venture or if the company begins to wind up, ensuring a strategic financial maneuver to bolster its operational funds.
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