---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-075876"
form_type: "8-K"
ticker: null
cik: "0001906133"
company_name: "iCoreConnect Inc."
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:47:28.064214+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# FG Merger Corp. amends sponsor note, increases max drawdown to $505k

## Summary
- Amended and restated promissory note with sponsor FG Merger Investors LLC on June 23, 2023.
- Maximum outstanding drawdown increased from $405k to $505k under amended note.
- Note is non-interest bearing and payable upon consummation of a business combination.
- Sponsor may convert outstanding principal into private units at $10.00 per unit.
- Note terminates if no business combination is completed; no recourse to trust account.

## SEC filing metadata
- accession: 0001104659-23-075876
- form_type: 8-K
- cik: 0001906133
- company_name: iCoreConnect Inc.
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1906133/000110465923075876/0001104659-23-075876-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1906133/000110465923075876/tm2320020d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-075876
- JSON: https://secwatch.observer/filing/0001104659-23-075876.json
- Plain text: https://secwatch.observer/filing/0001104659-23-075876.txt

## Key facts
- Debt Financings
  iCoreConnect Inc. amended debt of from $405,000 to $505,000 with FG Merger Investors LLC.
  - Principal: from $405,000 to $505,000
  - Counterparty: FG Merger Investors LLC
  - Event: amendment
  source text: increase the maximum amount of drawdowns that may be outstanding under the note from $405,000 to $505,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1906133/000110465923075876/0001104659-23-075876-index.htm
- Debt Financings
  iCoreConnect Inc. incurred loan of $405,000 with FG Merger Investors LLC maturing upon FGMC’s consummation of an initial business combination.
  - Instrument: loan
  - Principal: $405,000
  - Counterparty: FG Merger Investors LLC
  - Maturity: upon FGMC’s consummation of an initial business combination
  - Event: incurrence
  source text: issued a non-interest bearing unsecured promissory note in the aggregate principal amount of $405,000 (the “ Sponsor Note ”) to FG Merger Investors LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1906133/000110465923075876/0001104659-23-075876-index.htm

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