Frontier Investment Corp: debt financing — Frontier Investment Corp issues $200K promissory note to sponsor for working capital

Frontier Investment Corp

$200,000 unsecured promissory note issued to sponsor Frontier Disruption Capital on Jan 3, 2024.
Note bears no interest; matures at the earlier of business combination or liquidation.
Proceeds used for working capital; trust account rights waived by sponsor.
Standard SPAC working capital loan; no material financial impact expected.

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

Frontier Investment Corp incurred loan of $200,000 with Frontier Disruption Capital (Sponsor) at does not bear interest maturing upon consummation of a business combination.

Instrument: loan
Principal: $200,000
Counterparty: Frontier Disruption Capital (Sponsor)
Rate: does not bear interest
Maturity: upon consummation of a business combination
Event: incurrence

Exact text from the filing

On January 3, 2024, Frontier Investment Corp (the “ Company ”) issued one unsecured promissory note (the “ Note ”) in an amount of $200,000, to Frontier Disruption Capital (“ Sponsor ”), for working capital. The Note does not bear interest and matures at such time the Company consummates a business combination.

View on SEC.gov

283 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR

accession 0001104659-24-002498

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.