---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-061422"
form_type: "8-K"
ticker: null
cik: "0001828250"
company_name: "Churchill Capital Corp VI"
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-15T00:01:10.868404+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Churchill Capital Corp VI extends deadline to Feb 2024; sponsor commits up to $4.5M monthly deposits; $281.9M redeemed

## Summary
- Stockholders approved extension of business combination deadline from May 17, 2023 to February 17, 2024.
- Sponsor agreed to make monthly $500,000 deposits to trust account via promissory note up to $4.5M, starting May 17, 2023.
- Holders of 27,690,293 shares redeemed at ~$10.18/share, totaling ~$281.93M removed from trust.
- After redemptions, 27,509,707 shares remain outstanding and ~$280.10M in trust before sponsor contributions.
- Promissory note is non-interest bearing, unsecured, matures upon business combination or winding up.

## SEC filing metadata
- accession: 0001104659-23-061422
- form_type: 8-K
- cik: 0001828250
- company_name: Churchill Capital Corp VI
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828250/000110465923061422/0001104659-23-061422-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828250/000110465923061422/tm2315839d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-061422
- JSON: https://secwatch.observer/filing/0001104659-23-061422.json
- Plain text: https://secwatch.observer/filing/0001104659-23-061422.txt

## Key facts
- Debt Financings
  Churchill Capital Corp VI incurred loan of $500,000 per month with Churchill Sponsor VI LLC at non-interest bearing maturing the earlier of (1) the date the Company consummates the Business Combination and (2) the date that the winding up of the Company is effective.
  - Instrument: loan
  - Principal: $500,000 per month
  - Counterparty: Churchill Sponsor VI LLC
  - Rate: non-interest bearing
  - Maturity: the earlier of (1) the date the Company consummates the Business Combination and (2) the date that the winding up of the Company is effective
  - Event: incurrence
  source text: Churchill Sponsor VI LLC (the “Sponsor”) agreed to make monthly deposits directly to the trust account (the “Trust Account”) of Churchill Capital Corp VI (the “Company”) of $500,000 per month (each deposit, a “Contribution”) on the terms described below. Such Contributions will be made pursuant to a non-interest bearing, unsecured promissory note (the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828250/000110465923061422/0001104659-23-061422-index.htm
- Governance Changes
  Churchill Capital Corp VI: Extended the date to consummate a business combination from May 17, 2023 to February 17, 2024 (effective 2023-05-16).
  - Change: charter amendment
  - Effective: 2023-05-16
  source text: The Company filed the Charter Amendment with the Secretary of State of the State of Delaware on May 16, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828250/000110465923061422/0001104659-23-061422-index.htm
- Material Agreements
  Churchill Capital Corp VI entered into Promissory Note with Churchill Sponsor VI LLC (effective 2023-05-16).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Churchill Sponsor VI LLC
  - Effective: 2023-05-16
  source text: a non-interest bearing, unsecured promissory note (the “Promissory Note”), which was issued by the Company to the Sponsor on May 16, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828250/000110465923061422/0001104659-23-061422-index.htm

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