---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-155512"
form_type: "8-K"
ticker: null
cik: "0001838162"
company_name: "Slam Corp."
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T13:22:31.935035+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Slam Corp. issues $700K promissory note to sponsor, repayable upon business combination

## Summary
- Issued $700K unsecured promissory note to Sponsor, non-interest bearing.
- Principal repayable upon consummation of initial business combination; if no deal, note forgiven.
- Issued under exemption from registration under Section 4(a)(2) of Securities Act.
- Customary events of default including failure to pay, bankruptcy; remedies accelerate note.
- Sponsor waives any claim against trust account established from IPO.

## SEC filing metadata
- accession: 0001193125-23-155512
- form_type: 8-K
- cik: 0001838162
- company_name: Slam Corp.
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838162/000119312523155512/0001193125-23-155512-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838162/000119312523155512/d472840d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-155512
- JSON: https://secwatch.observer/filing/0001193125-23-155512.json
- Plain text: https://secwatch.observer/filing/0001193125-23-155512.txt

## Key facts
- Debt Financings
  Slam Corp. incurred loan of $700,000 with Slam Sponsor, LLC at does not bear interest maturing upon consummation of the Company’s initial business combination.
  - Instrument: loan
  - Principal: $700,000
  - Counterparty: Slam Sponsor, LLC
  - Rate: does not bear interest
  - Maturity: upon consummation of the Company’s initial business combination
  - Event: incurrence
  source text: On May 26, 2023, Slam Corp. issued an unsecured promissory note (the “Note”) in the principal amount of $700,000 to Slam Sponsor, LLC (the “Sponsor”). 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/1838162/000119312523155512/0001193125-23-155512-index.htm

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