secwatch.observer — SEC 8-K summary
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Issuer:     Future Health ESG Corp. (—)
CIK:        0001851182
Form:       8-K
Filed at:   2024-01-30T23:59:59+00:00
Accession:  0001104659-24-007840
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Future Health ESG Corp. issues up to $1M promissory note to sponsor
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- Note for up to $1,000,000 issued to sponsor Future Health ESG Associates 1, LLC, drawn down as needed for operating costs.
- Note bears no interest; principal due on consummation of initial business combination (Maturity Date).
- If no business combination by Dec 31, 2024, no amount is due under the Note.
- Sponsor may elect to convert outstanding balance into warrants at $1.00 per warrant upon maturity.
- Sponsor waived any claims against the trust account proceeds from the IPO and private placement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851182/000110465924007840/0001104659-24-007840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851182/000110465924007840/tm244418d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-007840

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