FTAC Parnassus Acquisition Corp. announced a private placement of promissory notes for a principal sum of up to of $1,500,000 on September 8, 2022. The transaction will include participation from returning lender, FTAC Parnassus Sponsor, LLC.

The Promissory Note is non-interest bearing and all outstanding amounts under the Promissory Note will be due on the date on which the company consummate a business combination.