secwatch.observer — SEC 8-K summary
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Issuer:     Everest Consolidator Acquisition Corp (—)
CIK:        0001863719
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0001104659-24-039210
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everest Consolidator extends business combination deadline to April 28, 2024; ups sponsor note to $4M
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- Second A&R Promissory Note increased borrowing capacity from prior amount to $4,000,000; interest 6% on first $1.5M, 18% thereafter.
- Maturity date changed to earlier of business combination close or May 7, 2024.
- Extended business combination deadline by one month to April 28, 2024, with $150,000 deposit into trust account (second of six permitted monthly extensions).
- Note proceeds used for diligence and completion of the merger per May 19, 2023 Business Combination Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1863719/000110465924039210/0001104659-24-039210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1863719/000110465924039210/tm249898d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-039210

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