secwatch.observer — SEC 8-K summary
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Issuer:     American Oncology Network, Inc. (—)
CIK:        0001839998
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001104659-23-054712
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DTOC enters up to $700K working capital facility with sponsor
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- Sponsor committed up to $700K in unsecured promissory note; no interest accrues.
- Principal due on earlier of initial business combination or liquidation of the company.
- Drawdowns allowed in min $10K increments; sponsor waives any claim against the trust account.
- Facility intended to fund DTOC's operating expenses prior to a business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839998/000110465923054712/0001104659-23-054712-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839998/000110465923054712/tm2314359d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-054712

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