---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-026948"
form_type: "8-K"
ticker: "SOC"
cik: "0001831481"
company_name: "Sable Offshore Corp."
filed_at: "2023-02-07T23:59:59+00:00"
generated_at: "2026-06-19T23:05:38.440290+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Flame Acquisition Corp. issues $535K promissory note to sponsor for working capital

## Summary
- Unsecured non-interest bearing note from Flame Acquisition Sponsor LLC for $535,000.
- Principal due upon consummation of initial business combination; forgiven if no deal and no outside funds.
- Proceeds used for IPO-related costs and ongoing working capital until business combination.
- Payee waived any claims against trust account from the IPO proceeds.

## SEC filing metadata
- accession: 0001193125-23-026948
- form_type: 8-K
- ticker: SOC
- cik: 0001831481
- company_name: Sable Offshore Corp.
- filed_at: 2023-02-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831481/000119312523026948/0001193125-23-026948-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831481/000119312523026948/d443950d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-026948
- JSON: https://secwatch.observer/filing/0001193125-23-026948.json
- Plain text: https://secwatch.observer/filing/0001193125-23-026948.txt

## Key facts
- Debt Financings
  Sable Offshore Corp. incurred loan of $535,000 with Flame Acquisition Sponsor LLC at does not bear interest maturing repayable in full upon consummation of the Company’s initial business combination.
  - Instrument: loan
  - Principal: $535,000
  - Counterparty: Flame Acquisition Sponsor LLC
  - Rate: does not bear interest
  - Maturity: repayable in full upon consummation of the Company’s initial business combination
  - Event: incurrence
  source text: On February 6, 2023, Flame Acquisition Corp. (the “Company”) issued an unsecured promissory note (the “Note”) in the principal amount of $535,000 to Flame Acquisition Sponsor LLC. The Note does not bear interest and is repayable in full upon consummation of the Company’s initial business combination (a “Business Combination”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831481/000119312523026948/0001193125-23-026948-index.htm

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