secwatch.observer — SEC 8-K summary
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Issuer:     Atlantic Coastal Acquisition Corp. (—)
CIK:        0001836274
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001104659-23-068536
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlantic Coastal Acquisition extends business combination deadline to July 8, 2023 via $80K sponsor note
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- Sponsor deposited $80,000 into trust account to extend deadline one month from June 8 to July 8, 2023.
- Company issued $80,000 non-interest bearing, unsecured promissory note to sponsor, convertible to stock at $10.00/share upon business combination.
- If no business combination, loan repayment limited to funds outside trust account or forfeited.
- Extension announced via press release on June 6, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836274/000110465923068536/0001104659-23-068536-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836274/000110465923068536/tm2317938d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-068536

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