PepperLime Health Acquisition Corp: debt financing — PepperLime Health extends deadline to March 19; gets up to $77K sponsor loan

PepperLime Health Acquisition Corp

Entered unsecured promissory note with sponsor PepperOne LLC for up to $77,000; initial $40,000 advanced for working capital.
Deposited $16,277.20 into trust account to extend mandatory business-combination date to March 19, 2024.
Note convertible into ordinary shares at $10.00 per share upon business combination; no interest.
Company continues exploring options including a potential Sponsor Sale, though no definitive agreement exists.

item 1.01 item 2.03 item 8.01 item 9.01

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

PepperLime Health Acquisition Corp incurred loan of up to $77,000 with PepperOne LLC at does not bear interest.

Instrument: loan
Principal: up to $77,000
Counterparty: PepperOne LLC
Rate: does not bear interest
Event: incurrence

Exact text from the filing

On February 21, 2024, PepperLime Health Acquisition Corporation (the “Company”) issued an unsecured promissory note in the aggregate principal amount of up to $77,000 (the “Note”) to PepperOne LLC, the Company’s sponsor (the “Sponsor”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PepperLime Health Acquisition Corp entered into Note with PepperOne LLC, the Company’s sponsor (the “Sponsor”) valued at $77,000 (effective 2024-02-21).

Action: entry
Agreement: notes offering
Counterparty: PepperOne LLC, the Company’s sponsor (the “Sponsor”)
Value: $77,000
Effective: 2024-02-21

Exact text from the filing

On February 21, 2024, PepperLime Health Acquisition Corporation (the “Company”) issued an unsecured promissory note in the aggregate principal amount of up to $77,000 (the “Note”) to PepperOne LLC, the Company’s sponsor (the “Sponsor”).

View on SEC.gov

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

Source: SEC EDGAR

accession 0001104659-24-027499

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