---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-045546"
form_type: "8-K"
ticker: null
cik: "0001838821"
company_name: "ARYA Sciences Acquisition Corp IV"
filed_at: "2023-09-27T23:59:59+00:00"
generated_at: "2026-06-10T08:17:17.523343+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ARYA Sciences IV gets $900K sponsor note for monthly extension deposits

## Summary
- Promissory note from sponsor ARYA Sciences Holdings IV allows up to $900,000 drawdowns.
- Funds used for general working capital and trust deposits for monthly business-combination extensions.
- Note bears no interest, payable at business combination maturity or upon default.
- Fourth one-month extension to Oct 2, 2023 was approved on Sep 2, 2023.
- Note treated as equity for tax purposes; trust account waivers apply.

## SEC filing metadata
- accession: 0001140361-23-045546
- form_type: 8-K
- cik: 0001838821
- company_name: ARYA Sciences Acquisition Corp IV
- filed_at: 2023-09-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838821/000114036123045546/0001140361-23-045546-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838821/000114036123045546/ef20011346_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-045546
- JSON: https://secwatch.observer/filing/0001140361-23-045546.json
- Plain text: https://secwatch.observer/filing/0001140361-23-045546.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838821/000114036123045546/0001140361-23-045546-index.htm
- Material Agreements
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838821/000114036123045546/0001140361-23-045546-index.htm

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