---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-034614"
form_type: "8-K"
ticker: "JWSMF"
cik: "0001831359"
company_name: "Jaws Mustang Acquisition Corp"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:47:45.313767+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# JAWS Mustang obtains $500K promissory note from sponsor for working capital

## Summary
- Issued up to $500,000 promissory note to Mustang Sponsor LLC; initial $125,000 funded.
- Note bears no interest; principal due upon consummation of a business combination.
- If no business combination, repayment limited to funds outside trust; trust claims waived.
- Additional drawdowns of up to $375,000 available subject to sponsor approval.

## SEC filing metadata
- accession: 0001104659-24-034614
- form_type: 8-K
- ticker: JWSMF
- cik: 0001831359
- company_name: Jaws Mustang Acquisition Corp
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831359/000110465924034614/0001104659-24-034614-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831359/000110465924034614/tm248660d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-034614
- JSON: https://secwatch.observer/filing/0001104659-24-034614.json
- Plain text: https://secwatch.observer/filing/0001104659-24-034614.txt

## Key facts
- Debt Financings
  Jaws Mustang Acquisition Corp incurred loan of up to $500,000 with Mustang Sponsor LLC maturing matures upon consummation of the Company’s initial business combination.
  - Instrument: loan
  - Principal: up to $500,000
  - Counterparty: Mustang Sponsor LLC
  - Maturity: matures upon consummation of the Company’s initial business combination
  - Event: incurrence
  source text: On March 13, 2024, JAWS Mustang Acquisition Corporation (the “ Company ” or “ Jaws ”) issued a promissory note (the “ Note ”) in the principal amount of up to $500,000 to Mustang Sponsor LLC (the “ Payee ”). The Note does not bear interest and matures upon consummation of the Company’s initial business combination.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831359/000110465924034614/0001104659-24-034614-index.htm
- Material Agreements
  Jaws Mustang Acquisition Corp entered into Note with Mustang Sponsor LLC valued at principal amount of up to $500,000 (effective 2024-03-13).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Mustang Sponsor LLC
  - Value: principal amount of up to $500,000
  - Effective: 2024-03-13
  source text: On March 13, 2024, JAWS Mustang Acquisition Corporation (the “ Company ” or “ Jaws ”) issued a promissory note (the “ Note ”) in the principal amount of up to $500,000 to Mustang Sponsor LLC (the “ Payee ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831359/000110465924034614/0001104659-24-034614-index.htm

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