{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-035572","form_type":"8-K","ticker":null,"cik":"0001849294","company_name":"Fortune Rise Acquisition Corp","filed_at":"2023-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.129162+00:00","generated_at":"2026-06-17T21:40:49.029276+00:00","sec_items":["2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Fortune Rise Acquisition issues $75K promissory note to affiliate for working capital","bullets":["Unsecured note for $75,000 issued to Water On Demand, Inc., an affiliate of sponsor.","Non-interest bearing; payable upon earlier of business combination or liquidation.","Holder may convert principal into Class A shares at $10.00 per share.","Proceeds will be used for working capital; note is subject to trust account waiver.","Issuance exempt from registration under Securities Act Section 4(a)(2)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-035572","json":"https://secwatch.observer/filing/0001104659-23-035572.json","markdown":"https://secwatch.observer/filing/0001104659-23-035572.md","text":"https://secwatch.observer/filing/0001104659-23-035572.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1849294/000110465923035572/0001104659-23-035572-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1849294/000110465923035572/tm2310285d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T21:40:49.029276+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":"79f4bb5a1e00bc567dddc7e3595c9f443c7ba8b8","claim":"Fortune Rise Acquisition Corp incurred loan of $75,000 with Water On Demand, Inc. at non-interest bearing maturing on the earlier of (a) the date on which Maker consummates its initial business combination and (b) the date of the liquidation of Maker.","evidence_excerpt":"approved the issuance of an unsecured promissory note dated March 9, 2023 in the principal amount of $75,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1849294/000110465923035572/0001104659-23-035572-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$75,000"},{"label":"Counterparty","value":"Water On Demand, Inc."},{"label":"Rate","value":"non-interest bearing"},{"label":"Maturity","value":"on the earlier of (a) the date on which Maker consummates its initial business combination and (b) the date of the liquidation of Maker"},{"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"}