---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-004091"
form_type: "8-K"
ticker: null
cik: "0001862993"
company_name: "AP Acquisition Corp"
filed_at: "2024-01-16T23:59:59+00:00"
generated_at: "2026-06-06T23:28:20.775626+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# AP Acquisition Corp enters into $500K working capital loan note with sponsor

## Summary
- Promissory note for up to $500,000 issued to AP Sponsor LLC for working capital.
- Note bears no interest and is payable promptly after closing an initial business combination.
- Loan is non-convertible and non-recourse; repayment limited to funds outside trust if no deal.
- Issuance exempt from registration under Section 4(a)(2) of Securities Act.

## SEC filing metadata
- accession: 0001104659-24-004091
- form_type: 8-K
- cik: 0001862993
- company_name: AP Acquisition Corp
- filed_at: 2024-01-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1862993/000110465924004091/0001104659-24-004091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1862993/000110465924004091/tm243418d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-004091
- JSON: https://secwatch.observer/filing/0001104659-24-004091.json
- Plain text: https://secwatch.observer/filing/0001104659-24-004091.txt

## Key facts
- Debt Financings
  AP Acquisition Corp incurred loan of up to $500,000 with Payee at bears no interest maturing promptly after the date on which the Company consummates an initial business combination.
  - Instrument: loan
  - Principal: up to $500,000
  - Counterparty: Payee
  - Rate: bears no interest
  - Maturity: promptly after the date on which the Company consummates an initial business combination
  - Event: incurrence
  source text: On January 12, 2024, the Company issued a promissory note (the “Working Capital Loan Note”) in the principal amount of up to $500,000 to the Payee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862993/000110465924004091/0001104659-24-004091-index.htm
- Material Agreements
  AP Acquisition Corp entered into Working Capital Loan Note with Payee valued at up to $500,000 (effective 2024-01-12).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Payee
  - Value: up to $500,000
  - Effective: 2024-01-12
  source text: On January 12, 2024, the Company issued a promissory note (the “Working Capital Loan Note”) in the principal amount of up to $500,000 to the Payee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1862993/000110465924004091/0001104659-24-004091-index.htm

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