secwatch.observer — SEC 8-K summary
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Issuer:     Acri Capital Acquisition Corp (—)
CIK:        0001914023
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001013762-23-003570
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acri Capital extends business combination deadline to Nov 14 with $75K sponsor note
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- Fourth of nine possible monthly extensions; deadline moved from Oct 14 to Nov 14, 2023.
- Sponsor deposited $75,000 into trust account via non-interest-bearing promissory note.
- Note is convertible into private placement warrants at $1.00 per warrant, payable at closing or liquidation.
- Company remains in search of an initial business combination target.
- Extension funded by sponsor, no dilution to public shareholders at this time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1914023/000101376223003570/0001013762-23-003570-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1914023/000101376223003570/ea186672-8k_acricap.htm
  HTML page:      https://secwatch.observer/filing/0001013762-23-003570

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer