Qomolangma Acquisition Corp. announced a private placement and it has issued unsecured promissory note for gross proceeds of $150,000 on September 12, 2023. The transaction included participation from returning lender, Qomolangma Investments LLC.

The note have a principal amount of $150,000. The note is not convertible, and the note does not bear interest, and is repayable in full upon the consummation of the company?s business combination.