secwatch.observer — SEC 8-K summary
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Issuer:     Talon 1 Acquisition Corp (—)
CIK:        0001860482
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0001193125-23-022439
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Talon 1 Acquisition Corp. extends deadline to Nov 8, 2023; $138.6M redeemed
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- Shareholders approved up to nine monthly extensions to November 8, 2023 for business combination.
- 13.3M Class A shares redeemed at ~$10.41/share, total ~$138.6M withdrawn from trust.
- Remaining trust balance approximately $100.8M after redemptions, before extension payments.
- Sponsor committed up to $4M promissory note; up to $1.5M convertible into warrants at $1.00/warrant.
- Monthly extension deposits of $330,000 required for each one-month extension exercised.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1860482/000119312523022439/0001193125-23-022439-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1860482/000119312523022439/d435549d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-022439

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer