secwatch.observer — SEC 8-K summary
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Issuer:     Frontier Investment Corp (—)
CIK:        0001855693
Form:       8-K
Filed at:   2023-09-27T23:59:59+00:00
Accession:  0001104659-23-104301
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Frontier Investment Corp issues $500K promissory note to sponsor for working capital
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- $500,000 unsecured promissory note issued to sponsor Frontier Disruption Capital on Sept 25, 2023.
- Note bears no interest; matures upon consummation of a business combination or liquidation.
- Sponsor can elect conversion of principal into private placement warrants at $1.00 per warrant.
- Each warrant entitles holder to purchase one Class A ordinary share at $11.50 per share.
- Payee waives any claim against the trust account established from the IPO proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855693/000110465923104301/0001104659-23-104301-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855693/000110465923104301/tm2326780d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-104301

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