Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ARYA Sciences Acquisition Corp IV incurred loan of $900,000 with ARYA Sciences Holdings IV (the "Sponsor") at will not bear any interest maturing the third promissory note will be repaid from funds held outside of the trust account or will be forfeited, eliminated or otherwise forgiven.
- Instrument
- loan
- Principal
- $900,000
- Counterparty
- ARYA Sciences Holdings IV (the "Sponsor")
- Rate
- will not bear any interest
- Maturity
- the third promissory note will be repaid from funds held outside of the trust account or will be forfeited, eliminated or otherwise forgiven
- Event
- incurrence
Exact text from the filing
On September 27, 2023, ARYA Sciences Acquisition Corp IV (the "Company") issued an unsecured promissory note (the "Third Promissory Note") to ARYA Sciences Holdings IV (the "Sponsor"), pursuant to which the Company may borrow $900,000 (the "Third Working Capital Loan") from the Sponsor for general corporate purposes and to fund the deposits required to be made into the Company’s trust account
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
ARYA Sciences Acquisition Corp IV entered into Third Promissory Note with ARYA Sciences Holdings IV valued at $900,000 (effective 2023-09-27).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- ARYA Sciences Holdings IV
- Value
- $900,000
- Effective
- 2023-09-27
Exact text from the filing
On September 27, 2023, ARYA Sciences Acquisition Corp IV (the “Company”) issued an unsecured promissory note (the “Third Promissory Note”) to ARYA Sciences Holdings IV (the “Sponsor”), pursuant to which the Company may borrow $900,000 (the “Third Working Capital Loan”) from the Sponsor for general corporate purposes and to fund the deposits required to be made into the Company’s trust account
View on SEC.gov