{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-012241","form_type":"8-K","ticker":null,"cik":"0001852061","company_name":"Generation Asia I Acquisition Ltd","filed_at":"2024-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.020826+00:00","generated_at":"2026-06-06T07:17:38.159393+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"SPAC Generation Asia I issues $550k promissory note to sponsor for working capital and extension","bullets":["Issued $550,000 non-convertible unsecured promissory note to Generation Asia LLC (sponsor).","Note bears no interest; principal repayable upon consummation of a business combination.","Funds support working capital and monthly extension payments up to July 23, 2024.","Sponsor advances are discretionary; note is intended to extend business combination period."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-012241","json":"https://secwatch.observer/filing/0000950170-24-012241.json","markdown":"https://secwatch.observer/filing/0000950170-24-012241.md","text":"https://secwatch.observer/filing/0000950170-24-012241.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1852061/000095017024012241/0000950170-24-012241-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1852061/000095017024012241/gaq-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T07:17:38.159393+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"23cba72110bc6a66764c7402be1b924bba497b1b","claim":"Generation Asia I Acquisition Ltd incurred loan of $550,000 with Generation Asia LLC at no interest maturing upon the consummation of a business combination.","evidence_excerpt":"On February 6, 2024, Generation Asia I Acquisition Limited, a Cayman Islands exempted company (the “ Company ”), issued a non-convertible unsecured promissory note to Generation Asia LLC, a Cayman Islands limited liability company (the “ Sponsor ”), for a collective principal amount of $550,000 (the “ Promissory Note ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852061/000095017024012241/0000950170-24-012241-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$550,000"},{"label":"Counterparty","value":"Generation Asia LLC"},{"label":"Rate","value":"no interest"},{"label":"Maturity","value":"upon the consummation of a business combination"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}