secwatch / observer
8-K filed October 25, 2023, 7:59 PM ET CIK 0001821075
debt confidence high sentiment neutral materiality 0.35

Appreciate Holdings, Inc.: debt financing — Appreciate Holdings borrows $407,197 under secured promissory note with St. Cloud Capital

Appreciate Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Appreciate Holdings, Inc. incurred senior notes of $407,197 with St. Cloud Capital Partners III SBIC, L.P..

Instrument
senior notes
Principal
$407,197
Counterparty
St. Cloud Capital Partners III SBIC, L.P.
Event
incurrence
Exact text from the filing
On October 19, 2023, Appreciate Holdings, Inc. (the "Company") obtained $407,197 in funding pursuant to that certain Secured Promissory Note dated October 19, 2023 issued under the Company’s existing Securities Purchase Agreement
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Appreciate Holdings, Inc. entered into Secured Promissory Note with St. Cloud Capital Partners III SBIC, L.P. valued at $407,197 (effective 2023-10-19).

Action
entry
Agreement
notes offering
Counterparty
St. Cloud Capital Partners III SBIC, L.P.
Value
$407,197
Effective
2023-10-19
Exact text from the filing
On October 19, 2023, Appreciate Holdings, Inc. (the “Company”) obtained $407,197 in funding pursuant to that certain Secured Promissory Note dated October 19, 2023 issued under the Company’s existing Securities Purchase Agreement, Dated as of November 7, 2016 by and among Appreciate Holdings, Inc. (f/k/a RW National Holdings, LLC), RW OpCo, LLC, and St. Cloud Capital Partners III SBIC, L.P.
View on SEC.gov

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Source: SEC EDGAR
accession 0001013762-23-006626
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