secwatch.observer — SEC 8-K summary
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Issuer:     Leo Holdings Corp. II (—)
CIK:        0001824153
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001193125-23-142083
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leo Holdings Corp. II draws $240K to extend business combination deadline to June 12, 2023
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- Drew $240,000 from promissory note with Leo Investors II LP to fund trust account extension.
- Extension moves business combination deadline from May 12 to June 12, 2023; second of six one-month extensions.
- Total principal drawn to date is $1,200,000; note allows up to $2,160,000, non-interest bearing.
- Up to $1,500,000 of note principal convertible into warrants at $1.50 per warrant upon business combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824153/000119312523142083/0001193125-23-142083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824153/000119312523142083/d301713d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-142083

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