{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-071887","form_type":"8-K","ticker":null,"cik":"0001862993","company_name":"AP Acquisition Corp","filed_at":"2023-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.346699+00:00","generated_at":"2026-06-13T23:17:14.796424+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"AP Acquisition Corp (APCA) enters definitive business combination with JEPLAN, Inc.","bullets":["SPAC AP Acquisition Corp signs definitive agreement with JEPLAN, a Japanese chemical recycling company.","Transaction values JEPLAN at $300M; exchange ratio based on $300M / fully diluted shares divided by $10.00.","PIPE Investment at $10.00 per share to close concurrently; minimum cash condition of $30M from trust and PIPE.","Sponsor and SPAC directors vote for deal, waive redemption, and 12-month lock-up (subject to price trigger).","Closing subject to shareholder approvals, NYSE listing of PubCo ADSs, and other customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-071887","json":"https://secwatch.observer/filing/0001104659-23-071887.json","markdown":"https://secwatch.observer/filing/0001104659-23-071887.md","text":"https://secwatch.observer/filing/0001104659-23-071887.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1862993/000110465923071887/0001104659-23-071887-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1862993/000110465923071887/tm2318720d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T23:17:14.796424+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"77018e042738a904e6dd0ac9a3ae5f2e6e17f2f0","claim":"AP Acquisition Corp incurred loan of $1,725,000 with the Sponsor at does not bear interest maturing upon the closing of the Merger.","evidence_excerpt":"On June 16, 2023, SPAC issued an unsecured promissory note in the aggregate principal amount of $1,725,000 (the “ Promissory Note ”) to the Sponsor and received $1,725,000.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1862993/000110465923071887/0001104659-23-071887-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$1,725,000"},{"label":"Counterparty","value":"the Sponsor"},{"label":"Rate","value":"does not bear interest"},{"label":"Maturity","value":"upon the closing of the Merger"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"b8c726d853327cfbf2f89650dba8c7fc3718e37a","claim":"AP Acquisition Corp entered into Business Combination Agreement with JEPLAN Holdings, Inc., JEPLAN MS, Inc., JEPLAN, Inc. (effective 2023-06-16).","evidence_excerpt":"On June 16, 2023, (i) AP Acquisition Corp, an exempted company limited by shares incorporated under the laws of the Cayman Islands (“ SPAC ”), (ii) JEPLAN Holdings, Inc., a Japanese corporation ( kabushiki kaisha ) incorporated under the laws of Japan (“ PubCo ”), (iii) JEPLAN MS, Inc., an exempted company limited by shares incorporated under the laws of the Cayman Islands and a direct wholly-owned subsidiary of PubCo (“ Merger Sub ”), and (iv) JEPLAN, Inc., a Japanese corporation ( kabushiki kaisha ) incorporated under the laws of Japan (the “ Company ” or “ JEPLAN ”), entered into a Business Combination Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1862993/000110465923071887/0001104659-23-071887-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"JEPLAN Holdings, Inc., JEPLAN MS, Inc., JEPLAN, Inc."},{"label":"Effective","value":"2023-06-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}