secwatch.observer — SEC 8-K summary
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Issuer:     PepperLime Health Acquisition Corp (—)
CIK:        0001873324
Form:       8-K
Filed at:   2023-10-23T23:59:59+00:00
Accession:  0001104659-23-110800
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PepperLime Health secures up to $300K promissory note from sponsor; CFO gets $25K/month
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- Issued unsecured promissory note up to $300K to sponsor PepperOne LLC, convertible into ordinary shares at $10.00/share.
- Note proceeds for extension payments and working capital; no interest; payable upon business combination or terminated if no deal.
- Board approved monthly payment of $25,000 for CFO Eran Pilovsky for the shorter of six months or dissolution.
- Sponsor member to contribute $300K to sponsor in exchange for shares; loan to company on same terms as note.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1873324/000110465923110800/0001104659-23-110800-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1873324/000110465923110800/tm2328882d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-110800

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