secwatch.observer — SEC 8-K summary
======================================

Issuer:     Osiris Acquisition Corp. (—)
CIK:        0001832136
Form:       8-K
Filed at:   2023-04-24T23:59:59+00:00
Accession:  0001104659-23-049012
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Osiris increases sponsor loan to $3M, draws $1M, resolves NYSE late filing
--------------------------------------------------------------------------

- Increased maximum principal of unsecured promissory note with sponsor from $1.6M to $3.0M on April 24, 2023.
- Drew additional $1.0M under the note, bringing aggregate outstanding principal to $2.5M.
- Note bears interest at 0.96% per annum, payable upon business combination or liquidation.
- NYSE notified on April 18 of non-compliance for late 2022 Form 10-K; filed on April 19, NYSE took no further action.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832136/000110465923049012/0001104659-23-049012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832136/000110465923049012/tm2313500d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-049012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer