Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Cartica Acquisition Corp incurred loan of up to $300,000 with Cartica Acquisition Partners, LLC (Sponsor) at no interest maturing upon the earlier of (a) the date of the consummation of an initial business combination and (b) the date of the Company’s liquidation.
- Instrument
- loan
- Principal
- up to $300,000
- Counterparty
- Cartica Acquisition Partners, LLC (Sponsor)
- Rate
- no interest
- Maturity
- upon the earlier of (a) the date of the consummation of an initial business combination and (b) the date of the Company’s liquidation
- Event
- incurrence
Exact text from the filing
On August 31, 2023, Cartica Acquisition Corp, a Cayman Islands exempted company (the “Company”), issued a promissory note (the “Working Capital Note”) to the Company’s sponsor, Cartica Acquisition Partners, LLC, a Delaware limited liability company (the “Sponsor”), pursuant to which the Sponsor agreed to loan to the Company up to $300,000 for working capital expenses.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Cartica Acquisition Corp entered into Working Capital Note with Cartica Acquisition Partners, LLC valued at up to $300,000 (effective 2023-08-31).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Cartica Acquisition Partners, LLC
- Value
- up to $300,000
- Effective
- 2023-08-31
Exact text from the filing
On August 31, 2023, Cartica Acquisition Corp, a Cayman Islands exempted company (the "Company"), issued a promissory note (the "Working Capital Note") to the Company's sponsor, Cartica Acquisition Partners, LLC, a Delaware limited liability company (the "Sponsor"), pursuant to which the Sponsor agreed to loan to the Company up to $300,000 for working capital expenses.
View on SEC.gov