---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-047585"
form_type: "8-K"
ticker: null
cik: "0001850502"
company_name: "Enphys Acquisition Corp."
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T02:49:00.241461+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Enphys Acquisition Corp extends business combination deadline to Feb 8, 2024 via $400K sponsor note

## Summary
- Entered $400K promissory note with sponsor for monthly trust deposits to extend deadline from Oct 8, 2023 to Feb 8, 2024.
- Note is non-interest bearing and non-convertible; principal due upon completion of a business combination.
- Sponsor to deposit up to $100K/month (or $0.025 per share) into trust, maximum aggregate $400K.
- If no business combination, note will be repaid only from funds outside the trust account.

## SEC filing metadata
- accession: 0001140361-23-047585
- form_type: 8-K
- cik: 0001850502
- company_name: Enphys Acquisition Corp.
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1850502/000114036123047585/0001140361-23-047585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1850502/000114036123047585/ef20012136_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-047585
- JSON: https://secwatch.observer/filing/0001140361-23-047585.json
- Plain text: https://secwatch.observer/filing/0001140361-23-047585.txt

## Key facts
- Debt Financings
  Enphys Acquisition Corp. incurred loan of maximum aggregate amount of Deposits shall be $400,000 with Enphys Acquisition Sponsor LLC maturing February 8, 2024.
  - Instrument: loan
  - Principal: maximum aggregate amount of Deposits shall be $400,000
  - Counterparty: Enphys Acquisition Sponsor LLC
  - Maturity: February 8, 2024
  - Event: incurrence
  source text: until the earlier of (i) the Company’s completion of a business combination and (ii) February 8, 2024 (the “Extended Date”). The maximum aggregate amount of Deposits shall be $400,000. The foregoing description of the Extension Note does not purport to be complete and is qualified in its entirety by reference to the full text of the Extension Note, a copy of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1850502/000114036123047585/0001140361-23-047585-index.htm
- Material Agreements
  Enphys Acquisition Corp. entered into Extension Note with Enphys Acquisition Sponsor LLC valued at $400,000 (effective 2023-10-10).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Enphys Acquisition Sponsor LLC
  - Value: $400,000
  - Effective: 2023-10-10
  source text: On October 10, 2023, Enphys Acquisition Corp. (the "Company") issued a promissory note (the "Extension Note") to Enphys Acquisition Sponsor LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1850502/000114036123047585/0001140361-23-047585-index.htm

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