---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-066112"
form_type: "8-K"
ticker: null
cik: "0001863719"
company_name: "Everest Consolidator Acquisition Corp"
filed_at: "2023-05-30T23:59:59+00:00"
generated_at: "2026-06-14T11:59:09.014665+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Everest Consolidator extends deadline to Aug 28, 2023 via $1.725M deposit

## Summary
- Sponsor deposited $1,725,000 ($0.10 per public share) into trust to extend by three months.
- Company issued 1,150,000 private placement warrants at $1.50 each to sponsor on same terms as IPO warrants.
- Second extension shifts business combination deadline from May 28 to August 28, 2023.
- No stockholder vote or redemption rights in connection with the extension.
- Conditional guaranty executed for sponsor's promissory note supporting the deposit.

## SEC filing metadata
- accession: 0001104659-23-066112
- form_type: 8-K
- cik: 0001863719
- company_name: Everest Consolidator Acquisition Corp
- filed_at: 2023-05-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1863719/000110465923066112/0001104659-23-066112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1863719/000110465923066112/tm2317319d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-066112
- JSON: https://secwatch.observer/filing/0001104659-23-066112.json
- Plain text: https://secwatch.observer/filing/0001104659-23-066112.txt

## Key facts
- Debt Financings
  Everest Consolidator Acquisition Corp incurred guarantee of aggregate original principal amount of $1,725,000 with the Noteholder.
  - Instrument: guarantee
  - Principal: aggregate original principal amount of $1,725,000
  - Counterparty: the Noteholder
  - Event: incurrence
  source text: in respect of a promissory note with an aggregate original principal amount of $1,725,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1863719/000110465923066112/0001104659-23-066112-index.htm
- Material Agreements
  Everest Consolidator Acquisition Corp entered into Second Extension Warrants Purchase Agreement with Everest Consolidator Sponsor, LLC valued at $1.50 per warrant, $1,725,000 deposit, 1,150,000 warrants (effective 2023-05-26).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Everest Consolidator Sponsor, LLC
  - Value: $1.50 per warrant, $1,725,000 deposit, 1,150,000 warrants
  - Effective: 2023-05-26
  source text: On May 26, 2023, the Company entered into a Private Placement Warrants Purchase Agreement (the " Second Extension Warrants Purchase Agreement ") with the Sponsor pursuant to which the Company issued to the Sponsor 1,150,000 private placement warrants (the " Second Extension Private Placement Warrants "), at a rate of $1.50 per private placement warrant, on the same terms as the private placement warrants issued to the Sponsor in connection with the closing of the Company’s initial public offering.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1863719/000110465923066112/0001104659-23-066112-index.htm
- Material Agreements
  Everest Consolidator Acquisition Corp entered into Conditional Guaranty Agreement with Noteholder (third-party investor) valued at Guarantee of $1,725,000 promissory note principal and interest, contingent on business combination (effective 2023-05-26).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Noteholder (third-party investor)
  - Value: Guarantee of $1,725,000 promissory note principal and interest, contingent on business combination
  - Effective: 2023-05-26
  source text: In connection with the Second Extension, the Company also entered into a Conditional Guaranty Agreement (the " Conditional Guaranty Agreement ") in favor of the Noteholder (defined below) in respect of a promissory note with an aggregate original principal amount of $1,725,000 (the " Note ") issued and sold by the Sponsor to a third-party investor (the " Noteholder ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1863719/000110465923066112/0001104659-23-066112-index.htm

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