---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-094235"
form_type: "8-K"
ticker: null
cik: "0001855555"
company_name: "ACCRETION ACQUISITION CORP."
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:44:05.579069+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Accretion Acquisition Corp. issues $185K in promissory notes to sponsor; extends deadline to Sept. 25, 2023

## Summary
- Issued $80,000 unsecured Extension Note to sponsor to fund one-month extension of business combination deadline to Sept. 25, 2023.
- Issued $105,000 unsecured Working Capital Note to sponsor for general working capital needs.
- Notes bear no interest; due upon earlier of liquidation or closing of initial business combination, or forgiven if no deal occurs.
- Board approved extension per previously amended charter allowing up to five monthly extensions through Dec. 25, 2023.
- Company still seeking initial business combination; funds provided to trust account and for operational liquidity.

## SEC filing metadata
- accession: 0001104659-23-094235
- form_type: 8-K
- cik: 0001855555
- company_name: ACCRETION ACQUISITION CORP.
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855555/000110465923094235/0001104659-23-094235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855555/000110465923094235/tm2324326d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-094235
- JSON: https://secwatch.observer/filing/0001104659-23-094235.json
- Plain text: https://secwatch.observer/filing/0001104659-23-094235.txt

## Key facts
- Debt Financings
  ACCRETION ACQUISITION CORP. incurred loan of $80,000 with Accretion Acquisition Sponsor, LLC at no interest maturing upon the earlier of (a) the liquidation of the Company and (b) the closing date on which the Company consummates a merger, capital stock exchange, asset acquisi.
  - Instrument: loan
  - Principal: $80,000
  - Counterparty: Accretion Acquisition Sponsor, LLC
  - Rate: no interest
  - Maturity: upon the earlier of (a) the liquidation of the Company and (b) the closing date on which the Company consummates a merger, capital stock exchange, asset acquisi
  - Event: incurrence
  source text: On August 21, 2023, Accretion Acquisition Corp. (the “Company”) issued (i) an unsecured promissory note (the “Extension Note”) to Accretion Acquisition Sponsor, LLC (the “Sponsor”) in the principal amount of $80,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855555/000110465923094235/0001104659-23-094235-index.htm
- Debt Financings
  ACCRETION ACQUISITION CORP. incurred loan of $105,000 with Accretion Acquisition Sponsor, LLC at no interest maturing upon the earlier of (a) the liquidation of the Company and (b) the closing date on which the Company consummates a merger, capital stock exchange, asset acquisi.
  - Instrument: loan
  - Principal: $105,000
  - Counterparty: Accretion Acquisition Sponsor, LLC
  - Rate: no interest
  - Maturity: upon the earlier of (a) the liquidation of the Company and (b) the closing date on which the Company consummates a merger, capital stock exchange, asset acquisi
  - Event: incurrence
  source text: an unsecured promissory note (the “Working Capital Note” and together with the Extension Note, the “Notes”) to the Sponsor in the principal amount of $105,000 for working capital purposes
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855555/000110465923094235/0001104659-23-094235-index.htm
- Material Agreements
  ACCRETION ACQUISITION CORP. entered into Extension Note with Accretion Acquisition Sponsor, LLC valued at $80,000 (effective 2023-08-21).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Accretion Acquisition Sponsor, LLC
  - Value: $80,000
  - Effective: 2023-08-21
  source text: On August 21, 2023, Accretion Acquisition Corp. (the “Company”) issued (i) an unsecured promissory note (the “Extension Note”) to Accretion Acquisition Sponsor, LLC (the “Sponsor”) in the principal amount of $80,000 in connection with the Extension (as defined below)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855555/000110465923094235/0001104659-23-094235-index.htm
- Material Agreements
  ACCRETION ACQUISITION CORP. entered into Working Capital Note with Accretion Acquisition Sponsor, LLC valued at $105,000 (effective 2023-08-21).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Accretion Acquisition Sponsor, LLC
  - Value: $105,000
  - Effective: 2023-08-21
  source text: On August 21, 2023, Accretion Acquisition Corp. (the “Company”) issued (i) an unsecured promissory note (the “Extension Note”) to Accretion Acquisition Sponsor, LLC (the “Sponsor”) in the principal amount of $80,000 in connection with the Extension (as defined below) and (ii) an unsecured promissory note (the “Working Capital Note” and together with the Extension Note, the “Notes”) to the Sponsor in the principal amount of $105,000 for working capital purposes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855555/000110465923094235/0001104659-23-094235-index.htm

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