secwatch.observer — SEC 8-K summary
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Issuer:     Papaya Growth Opportunity Corp. I (—)
CIK:        0001894057
Form:       8-K/A
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001104659-23-052193
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 5.07, 2.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Papaya Growth extends deadline to Oct 2023; holders redeem 18.9M shares (~$196M)
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- Shareholders approved extension to October 19, 2023, with up to six one-month extensions.
- Sponsor loan facility of up to $2.8M; $331,185 borrowed as of filing date.
- 18,885,901 shares redeemed at ~$10.3988/share, aggregate ~$196.4M.
- Following redemptions, 9,864,099 public Class A shares remain outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1894057/000110465923052193/0001104659-23-052193-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1894057/000110465923052193/tm2314033d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-052193

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