EURKU Overview

Business Combination Announcement: Marine Thinking Inc. has entered into a definitive business combination agreement with Eureka Acquisition Corp., which will lead to Marine Thinking becoming a publicly traded company named Marine Thinking Holdings Inc. on NASDAQ, with a potential pre-money valuation of approximately $130 million.

Focus on Autonomous Technology: Marine Thinking aims to revolutionize the marine industry through its autonomous ship navigation technology, addressing the shortage of seafarers and enabling existing shipbuilders to transition to autonomous manufacturing.

Support and Partnerships: The company has received significant support from various Canadian federal government departments and has been involved in numerous R&D projects, showcasing its leadership in autonomous ship solutions across multiple marine sectors globally.

Regulatory Approval Process: The completion of the proposed transaction is contingent upon customary closing conditions, including regulatory and shareholder approvals, as well as the SEC's review of the necessary documentation.

Postponement of Extraordinary General Meeting: Eureka Acquisition Corp has postponed its Extraordinary General Meeting from June 25 to June 30, 2025, to allow more time for shareholder engagement, while maintaining the record date of May 23, 2025.

Redemption Request Deadline Extended: The deadline for shareholders to submit redemption requests has been extended to June 26, 2025, two business days before the rescheduled meeting, with no changes to the location or other proposals on the agenda.

Unit Trading Announcement: Starting September 12, 2024, holders of Eureka Acquisition Corp's 5,750,000 units can separately trade Class A ordinary shares and rights, with trading symbols "EURK" for shares and "EURKR" for rights on NASDAQ.

Company Overview: Eureka Acquisition Corp is a blank check company (SPAC) aimed at merging or acquiring businesses, and the offering was managed by Maxim Group LLC, with relevant registration filed with the SEC.

Eureka Acquisition Corp IPO:

• Eureka Acquisition Corp, a blank check company, closed its initial public offering of 5,000,000 units at $10.00 per unit.
• Each unit includes one Class A ordinary share and one right, with rights entitling holders to receive one-fifth of a share upon a business combination.
• The units started trading on Nasdaq under "EURKU" and are expected to trade separately as "EURK" for shares and "EURKR" for rights.
• The underwriters have an option to purchase up to 750,000 additional units to cover over-allotments.
• Maxim Group LLC acted as the sole book-running manager for the offering.

About Eureka Acquisition Corp:

• Eureka Acquisition Corp is a special purpose acquisition company (SPAC) formed to facilitate mergers or acquisitions with other businesses.

Forward-Looking Statements:

• The press release contains forward-looking statements regarding the IPO, over-allotment options, and business combinations.
• Eureka Acquisition Corp cautions that actual results may differ due to various uncontrollable factors outlined in the Risk Factors section of their filings.

Contact Information:

• Fen Zhang serves as the Chairman and Chief Executive Officer of Eureka Acquisition Corp.
• Contact information: Email - eric.zhang@hercules.global, Tel - +86 135 0189 0555.