Item 1.01 Entry into a Material Definitive Agreement
On
The Note bears no interest and is due and payable upon the earlier of (a) the liquidation of the Company and (b) the closing date on which the Company consummates a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities (an "Initial Business Combination"). If an Initial Business Combination is not consummated, the Note will not be repaid and all amounts owed thereunder will be forgiven except to the extent that the Company has funds available to it outside of its trust account (the "Trust Account") established in connection with its initial public offering. The issuance of the Note was exempt pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended.
The foregoing description of the Note is qualified in its entirety by reference to the full text of the Note, a copy of which is attached as Exhibits 10.1 hereto and is incorporated by reference herein.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant
The disclosure contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.03.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
As approved by the Company's stockholders at the special meeting (the "Special
Meeting") of stockholders on
The foregoing description is qualified in its entirety by reference to the Charter Amendment, a copy of which is attached as Exhibit 3.1 hereto and is incorporated by reference herein.
Item 8.01 Other Events
Stockholders of the Company holding 15,395,704 shares of the Company's common
stock exercised their right to redeem such shares for a pro rate portion of the
funds in the Trust Account. As a result, approximately
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
The following exhibits are being filed herewith:
Exhibit No. Description of Exhibits 3.1 Amendment to Amended and Restated Certificate of Incorporation. 10.1 Promissory Note datedApril 21, 2023 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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