---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-146824"
form_type: "8-K"
ticker: "CPTKW"
cik: "0001827899"
company_name: "Crown PropTech Acquisitions"
filed_at: "2021-12-06T23:59:59+00:00"
generated_at: "2026-06-28T03:37:04.739108+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Crown PropTech Acquisitions issues $1.5M promissory note to CEO Richard Chera

## Summary
- Note up to $1,500,000 from CEO Richard Chera; no interest, due Nov 30, 2022 or upon business combination.
- Proceeds for general working capital; note convertible into warrants at $1.50/principal per warrant.
- Conversion warrants identical to private placement warrants: each exercisable for one Class A share at $11.50.
- Registration rights granted for underlying securities per existing Registration Rights Agreement.
- Loan is unsecured; default triggers acceleration; trust account waiver included.

## SEC filing metadata
- accession: 0001104659-21-146824
- form_type: 8-K
- ticker: CPTKW
- cik: 0001827899
- company_name: Crown PropTech Acquisitions
- filed_at: 2021-12-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1827899/000110465921146824/0001104659-21-146824-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1827899/000110465921146824/tm2134706d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-146824
- JSON: https://secwatch.observer/filing/0001104659-21-146824.json
- Plain text: https://secwatch.observer/filing/0001104659-21-146824.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.