---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-038324"
form_type: "8-K"
ticker: null
cik: "0001831270"
company_name: "Bite Acquisition Corp."
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T10:58:46.647903+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bite Acquisition Corp. enters up to $2M promissory note with sponsor, replacing prior $700K note

## Summary
- Principal up to $2M, non-interest bearing, due at initial business combination.
- Replaces and supersedes prior $700K promissory note from June 2022.
- Sponsor may convert up to $1.5M of principal into units at $10/unit on business combination.
- Note is unsecured; proceeds for working capital; customary events of default apply.
- Sponsor waives any claim against the trust account for repayment.

## SEC filing metadata
- accession: 0001104659-23-038324
- form_type: 8-K
- cik: 0001831270
- company_name: Bite Acquisition Corp.
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831270/000110465923038324/0001104659-23-038324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831270/000110465923038324/tm2232448d6_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-038324
- JSON: https://secwatch.observer/filing/0001104659-23-038324.json
- Plain text: https://secwatch.observer/filing/0001104659-23-038324.txt

## Key facts
- Debt Financings
  Bite Acquisition Corp. incurred loan of up to $2,000,000 with Smart Dine LLC (the "Sponsor") at does not bear interest maturing the date on which the Company consummates its initial business combination.
  - Instrument: loan
  - Principal: up to $2,000,000
  - Counterparty: Smart Dine LLC (the "Sponsor")
  - Rate: does not bear interest
  - Maturity: the date on which the Company consummates its initial business combination
  - Event: incurrence
  source text: On March 23, 2023, Bite Acquisition Corp. (the "Company") issued an unsecured promissory note (the "Note") in the principal amount of up to $2,000,000 to Smart Dine LLC (the "Sponsor"), a significant stockholder of the Company, which may be drawn down from time to time prior to the Maturity Date (defined below) upon request by the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831270/000110465923038324/0001104659-23-038324-index.htm

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