{"schema_version":"secwatch.filing_event.v1","accession":"0001013762-23-002548","form_type":"8-K","ticker":"BRLS","cik":"0001852973","company_name":"Borealis Foods Inc.","filed_at":"2023-10-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.067615+00:00","generated_at":"2026-06-10T03:38:43.496405+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Oxus Acquisition Corp. amends promissory note with sponsor, increasing capacity to $6M","bullets":["Second Amended and Restated Promissory Note raises borrowing limit from $3.5M to $6M with sponsor Oxus Capital PTE. LTD.","Note is non-interest bearing and due upon consummation of initial business combination.","As of October 4, 2023, outstanding unpaid balance is $3.35M under the amended note.","The new note replaces and supersedes the February 28, 2023 promissory note in full."],"urls":{"canonical":"https://secwatch.observer/filing/0001013762-23-002548","json":"https://secwatch.observer/filing/0001013762-23-002548.json","markdown":"https://secwatch.observer/filing/0001013762-23-002548.md","text":"https://secwatch.observer/filing/0001013762-23-002548.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1852973/000101376223002548/0001013762-23-002548-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1852973/000101376223002548/ea186365-8k_oxusacq.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T03:38:43.496405+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":"9c0a0cc52c67ffb8b937537bdb1775708ba2c6a9","claim":"Borealis Foods Inc. incurred loan of up to an aggregate principal amount of $6,000,000 with Oxus Capital PTE. LTD at non-interest bearing maturing due on the date on which Oxus consummates its initial business combination.","evidence_excerpt":"On October 2, 2023, Oxus Acquisition Corp. (“ Oxus ”) entered into the Second Amended and Restated Promissory Note (the “ Amended Note ”) with Oxus Capital PTE. LTD (the “ Sponsor ”) pursuant to which Oxus may borrow up to an aggregate principal amount of $6,000,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852973/000101376223002548/0001013762-23-002548-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to an aggregate principal amount of $6,000,000"},{"label":"Counterparty","value":"Oxus Capital PTE. LTD"},{"label":"Rate","value":"non-interest bearing"},{"label":"Maturity","value":"due on the date on which Oxus consummates its initial 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"}