Material Agreement, Financial Obligation (Form 8-K)

Item 1.01. Entry into a Material Definitive Agreement.

On July 17, 2026, Aeon Acquisition I Corp., a Cayman Islands exempted company (the "Company"), issued an unsecured promissory note (the "Note") to its sponsor, Aeon Acquisition Partners I LLC (the "Sponsor"), under which the Sponsor agreed to loan the Company up to $250,000 to fund costs reasonably related to the Company's initial business combination. The Note is non-interest bearing and is payable on the date the Company consummates its initial business combination (the "Maturity Date"). The Note may be prepaid at any time without penalty.

The Note may be drawn down from time to time upon written request from the Company, with the Sponsor required to fund each drawdown request within five (5) business days of receipt thereof; provided that the aggregate amount of all drawdown requests may not exceed $250,000.

The Note and the transactions contemplated thereby were approved by the Company's board of directors.

The foregoing description of the Note does not purport to be complete and is qualified in its entirety by reference to the full text of the Note, a copy of which is filed as Exhibit 10.1 hereto and is incorporated herein by reference.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.