{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-075879","form_type":"8-K","ticker":null,"cik":"0001894057","company_name":"Papaya Growth Opportunity Corp. I","filed_at":"2026-06-18T21:23:50+00:00","discovered_at":"2026-06-18T21:26:00.405099+00:00","generated_at":"2026-06-18T21:27:08.081966+00:00","sec_items":["1.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"medium","headline":"Papaya Growth Opportunity Corp. I receives BCA termination notice; SPAC disputes termination","bullets":["On June 12, 2026, SPAC received Notice of Termination of Business Combination Agreement from 2744026 Alberta Ltd. alleging breaches by SPAC.","SPAC disputes the purported termination and reserves all rights concerning the BCA.","BCA was originally entered April 21, 2025 and amended September 26, 2025; termination threatens the SPAC's sole business combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-075879","json":"https://secwatch.observer/filing/0001104659-26-075879.json","markdown":"https://secwatch.observer/filing/0001104659-26-075879.md","text":"https://secwatch.observer/filing/0001104659-26-075879.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1894057/000110465926075879/0001104659-26-075879-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1894057/000110465926075879/tm2618269d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T21:27:08.081966+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3d61995a6ae3175a7888c5f9c7b5d87ad8d3fad3","claim":"Papaya Growth Opportunity Corp. I terminated Business Combination Agreement with 2744026 Alberta Ltd. (the “Company”) and F&M Merger Sub 1 Inc. (effective 2026-06-12).","evidence_excerpt":"On June 12, 2026, the SPAC received a Notice of Termination of the BCA from the Company, purporting to terminate the BCA pursuant to Section 9.1(f)(i) thereof on the basis of certain alleged breaches by the SPAC.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1894057/000110465926075879/0001104659-26-075879-index.htm","confidence":0.85,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"2744026 Alberta Ltd. (the “Company”) and F&M Merger Sub 1 Inc."},{"label":"Effective","value":"2026-06-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}