Item 1.01 Entry Into A Material Definitive Agreement.
On April 20, 2022, Social Capital Suvretta Holdings Corp. I (the "Company")
issued an unsecured promissory note (the "Promissory Note") to the Company's
sponsor, SCS Sponsor I LLC (the "Sponsor"), pursuant to which the Company may
borrow up to an aggregate principal amount of $1,500,000. The Promissory Note is
non-interest bearing, unsecured and payable upon the earlier of July 2, 2023 and
the effective date of the Company's initial business combination. The Promissory
Note is subject to customary events of default which could, subject to certain
conditions, cause the Promissory Notes to become immediately due and payable.
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 by reference into this Item 2.03.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No. Description
10.1 Promissory Note, dated April 20, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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