secwatch.observer — SEC 8-K summary
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Issuer:     Sable Offshore Corp. (SOC)
CIK:        0001831481
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001193125-23-085506
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flame Acquisition Corp. raises Sponsor loan conversion cap to $3.5M; amends promissory notes for warrant conversion
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- Amendment to Letter Agreement increases convertible Sponsor loan limit from $1.5M to $3.5M.
- Three promissory notes totaling $905,000 amended to allow conversion into warrants at $1.00 per warrant.
- Conversion applies to warrants of the post-business combination entity.
- Amendments effective March 24 and March 29, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831481/000119312523085506/0001193125-23-085506-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831481/000119312523085506/d306631d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-085506

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