---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-080768"
form_type: "8-K"
ticker: null
cik: "0001832136"
company_name: "Osiris Acquisition Corp."
filed_at: "2023-07-13T23:59:59+00:00"
generated_at: "2026-06-13T08:52:45.376489+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Osiris Acquisition Corp. draws $500,000 from Sponsor note, now $3M outstanding

## Summary
- Drawdown of $500,000 under unsecured promissory note from Osiris Sponsor LLC on July 13, 2023.
- Aggregate principal outstanding under the note increased to $3,000,000 (full $3M capacity).
- Note bears interest at 0.96% per annum, payable on earlier of initial business combination or liquidation.
- Note was previously amended by Amendment No. 1 on April 24, 2023.

## SEC filing metadata
- accession: 0001104659-23-080768
- form_type: 8-K
- cik: 0001832136
- company_name: Osiris Acquisition Corp.
- filed_at: 2023-07-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832136/000110465923080768/0001104659-23-080768-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832136/000110465923080768/tm2321177d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-080768
- JSON: https://secwatch.observer/filing/0001104659-23-080768.json
- Plain text: https://secwatch.observer/filing/0001104659-23-080768.txt

## Key facts
- Debt Financings
  Osiris Acquisition Corp. incurred loan of $500,000 with Osiris Sponsor LLC at 0.96% per annum maturing payable on the earlier of an initial business combination or the liquidation of the Company.
  - Instrument: loan
  - Principal: $500,000
  - Counterparty: Osiris Sponsor LLC
  - Rate: 0.96% per annum
  - Maturity: payable on the earlier of an initial business combination or the liquidation of the Company
  - Event: incurrence
  source text: On July 13, 2023, Osiris Acquisition Corp. (the “Company”) effected a drawdown of $500,000 under the unsecured promissory note (the “Promissory Note”), as amended by Amendment No. 1 to Promissory Note, dated April 24, 2023 ( “Amendment No. 1”), in the principal amount up to $3,000,000 to Osiris Sponsor LLC, a Delaware limited liability company (the “Sponsor”), pursuant to which the Sponsor agreed to loan to the Company up to $3,000,000. The aggregate principal amount outstanding under the Promissory Note is now $3,000,000. The Promissory Note bears interest at a rate of 0.96% per annum and is payable on the earlier of an initial business combination or the liquidation of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1832136/000110465923080768/0001104659-23-080768-index.htm

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