Submission of Matters to a Vote of Security Holders - Form 425

Item 1.01 Entry into a Material Definitive Agreement.

As approved by its stockholders at the annual meeting of Stockholders held on April 30, 2024 (the "Annual Meeting"), Aquaron Acquisition Corp. ("Aquaron" or the "Company") entered into an amendment to the Investment Management Trust Agreement, dated as of October 3, 2022 and as amended on June 29, 2023, with Continental Stock Transfer & Trust Company, on April 30, 2023 (the "Trust Amendment"). Pursuant to the Trust Amendment, the Company has the right to extend the time for the Company to complete its initial business combination (the "Business Combination Period") under the Trust Agreement for a period of up to 12 months from May 6, 2024 to May 6, 2025 on a monthly basis. The Trust Amendment is filed as Exhibit 10.1 hereto and is incorporated herein by reference.