 Orisun Acquisition Corp.NASDAQ: ORSNU, the Company, a special purpose acquisition company, announced today that its sponsor Everstone Investments LLC Everstone and Ucommune Group Holdings LLC Ucommune, collectively have deposited into the Companys trust account the Trust Account an aggregate principal amount of 444,002, representing approximately 0.10 per share of common stock, in order to extend the period of time the Company has to complete a business combination for an additional three 3 months period, from August 6, 2020 to November 6, 2020. The Company issued two unsecured promissory notes, each in an amount of 222,001, to Everstone and Ucommune respectively with a principal amount equal to the amount deposited. The promissory notes bear no interest and are convertible into the Companys units with each unit consisting of one share of common stock, one warrant to purchase one-half of one share of common stock, and one right to receive one-tenth of one share of common stock upon the consummation of the Companys initial business combination at a price of 10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination. 