Item 1.01 Entry into a Material Definitive Agreement.



On March 21, 2022, Ignyte Acquisition Corp., a Delaware corporation (the
"Company") issued an unsecured promissory note (the "Working Capital Note") in
the aggregate principal amount of $300,000 to Ignyte Sponsor LLC, a Delaware
limited liability company (our "Sponsor"). Our Sponsor is an entity affiliated
with our executive officers, directors and our other advisors and is our largest
stockholder. The Company issued the Working Capital Note in consideration for a
loan from the Sponsor to fund the Company's working capital requirements between
now and November 1, 2022, which is the period of time that the Company has
available to complete its initial business combination. The Working Capital Note
was issued to provide the Company with additional working capital and will not
be deposited into the Company's trust account.

The Working Capital Note bears no interest and is repayable in cash upon the consummation of the Company's initial business combination.



The foregoing description is only a summary of the Working Capital Note, and is
qualified in its entirety by reference to the full text of the Working Capital
Note, a copy of which is filed as Exhibit 10.1 hereto, and 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 disclosure set forth above in Item 1.01 of this Current Report on Form 8-K
regarding the issuance of the Working Capital Note is incorporated by reference
herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

Exhibit Description

10.1 Working Capital Promissory Note, dated March 21, 2022. 104 Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document

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