secwatch.observer — SEC 8-K summary
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Issuer:     iCoreConnect Inc. (—)
CIK:        0001906133
Form:       8-K
Filed at:   2023-06-28T23:59:59+00:00
Accession:  0001104659-23-075876
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1906133/000110465923075876/0001104659-23-075876-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1906133/000110465923075876/tm2320020d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-075876

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