---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-071594"
form_type: "8-K"
ticker: null
cik: "0001817565"
company_name: "Financial Strategies Acquisition Corp."
filed_at: "2023-06-15T23:59:59+00:00"
generated_at: "2026-06-14T00:30:33.748284+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Financial Strategies Acquisition Corp. extends termination date to July 14, 2023 with $50k trust deposit

## Summary
- Termination date extended one month from June 14 to July 14, 2023 to allow more time for a business combination.
- Lender Temmelig Investor LLC deposited $50,000 ($0.081 per unredeemed share) into the trust account.
- Deposit drawn from existing $600,000 unsecured promissory note issued December 9, 2022.
- Board may extend monthly until December 14, 2023 with additional $50,000 deposits each month.
- Promissory note bears no interest; convertible into private units at $10.00 per unit upon a business combination.

## SEC filing metadata
- accession: 0001104659-23-071594
- form_type: 8-K
- cik: 0001817565
- company_name: Financial Strategies Acquisition Corp.
- filed_at: 2023-06-15T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817565/000110465923071594/0001104659-23-071594-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817565/000110465923071594/tm2318696d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-071594
- JSON: https://secwatch.observer/filing/0001104659-23-071594.json
- Plain text: https://secwatch.observer/filing/0001104659-23-071594.txt

## Key facts
- Debt Financings
  Financial Strategies Acquisition Corp. incurred loan of $50,000 with Temmelig Investor LLC at does not bear interest maturing upon the earlier of (a) the closing of a Business Combination and (b) the Company’s liquidation.
  - Instrument: loan
  - Principal: $50,000
  - Counterparty: Temmelig Investor LLC
  - Rate: does not bear interest
  - Maturity: upon the earlier of (a) the closing of a Business Combination and (b) the Company’s liquidation
  - Event: incurrence
  source text: On June 13, 2023, the Company effected the seventh drawdown of $50,000 under the Promissory Note and caused the Lender to deposit such sum into the Trust Account in connection with the extension of the Termination Date from June 14, 2023 to July 14, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817565/000110465923071594/0001104659-23-071594-index.htm

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