secwatch / observer
8-K filed July 21, 2023, 7:59 PM ET CIK 0001821606
debt confidence high sentiment neutral materiality 0.60

Priveterra Acquisition Corp. II: debt financing — Priveterra Acquisition Corp. II issues $2M promissory note, amends bylaws to change name, adds $57.7K to trust

Priveterra Acquisition Corp. II

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Priveterra Acquisition Corp. II incurred loan of up to $2,000,000 with Priveterra Sponsor, LLC II at 16.00% maturing the date on which the Company consummates its initial business combination.

Instrument
loan
Principal
up to $2,000,000
Counterparty
Priveterra Sponsor, LLC II
Rate
16.00%
Maturity
the date on which the Company consummates its initial business combination
Event
incurrence
Exact text from the filing
On July 17, 2023, Priveterra Acquisition Corp. II, a Delaware corporation (the “Company”), issued a promissory note (the “Note”) to Priveterra Sponsor, LLC II (the “Sponsor”) in the principal amount of up to $2,000,000.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Priveterra Acquisition Corp. II: Amended and restated bylaws to change company name from Tastemaker Acquisition Corp. to Priveterra Acquisition Corp. II (effective 2023-07-17).

Change
bylaw amendment
Effective
2023-07-17
Exact text from the filing
On July 17, 2023, the board of directors of the Company amended and restated the Company’s by laws (the “Amended and Restated By Laws,” effective immediately, to reflect that the Company changed its name from “Tastemaker Acquisition Corp.” to “Priveterra Acquisition Corp. II”.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Priveterra Acquisition Corp. II entered into Note with Priveterra Sponsor, LLC II valued at up to $2,000,000 (effective 2023-07-17).

Action
entry
Agreement
credit facility
Counterparty
Priveterra Sponsor, LLC II
Value
up to $2,000,000
Effective
2023-07-17
Exact text from the filing
On July 17, 2023, Priveterra Acquisition Corp. II, a Delaware corporation (the “Company”), issued a promissory note (the “Note”) to Priveterra Sponsor, LLC II (the “Sponsor”) in the principal amount of up to $2,000,000.
View on SEC.gov

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Source: SEC EDGAR
accession 0001104659-23-083040
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