Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Drilling Tools International Corp incurred loan of up to $800,000 with FP SPAC 2, LLC maturing earlier of consummation of initial business combination or liquidation on or before March 6, 2023 (unless extended to June 6, 2023) or such later liquidation da.
- Instrument
- loan
- Principal
- up to $800,000
- Counterparty
- FP SPAC 2, LLC
- Maturity
- earlier of consummation of initial business combination or liquidation on or before March 6, 2023 (unless extended to June 6, 2023) or such later liquidation da
- Event
- incurrence
Exact text from the filing
On January 16, 2023, ROC Energy Acquisition Corp. (the “ Company ”) issued a promissory note (the “ Note ”) in the principal amount of up $800,000 to FP SPAC 2, LLC, a Delaware limited liability company and an affiliate of the Company’s sponsor, ROC Energy Holdings LLC (the “ Sponsor ”), for working capital. The Note bears no interest and is due and payable upon the earlier to occur of (i) the date on which the Company’s initial business combination is consummated and (ii) the liquidation of the Company on or before March 6, 2023 (unless extended to June 6, 2023) or such later liquidation date as may be approved by the Company’s stockholders.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Drilling Tools International Corp entered into Note with FP SPAC 2, LLC valued at $800,000 (effective 2023-01-16).
- Action
- entry
- Counterparty
- FP SPAC 2, LLC
- Value
- $800,000
- Effective
- 2023-01-16
Exact text from the filing
On January 16, 2023, ROC Energy Acquisition Corp. (the “ Company ”) issued a promissory note (the “ Note ”) in the principal amount of up $800,000 to FP SPAC 2, LLC
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