ARYA Sciences Acquisition Corp IV has approved the second one-month extension of their business combination period to August 2, 2023, and drew $140,000 from the unsecured convertible promissory note of up to $1,680,000, dated February 28, 2023. This note allows the company to use the drawn funds for corporate purposes and funding deposits into a trust account. Up to $1,380,000 of the loaned amount under the note are convertible into the company's Class A ordinary shares at a conversion price equal to $10.00 per share.