secwatch.observer — SEC 8-K summary
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Issuer:     Leo Holdings Corp. II (—)
CIK:        0001824153
Form:       8-K
Filed at:   2023-06-12T23:59:59+00:00
Accession:  0001193125-23-165306
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 July 12, 2023
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- Drew $240,000 under existing promissory note with sponsor to extend business combination deadline by one month.
- Extension is the third of six possible one-month extensions; new deadline is July 12, 2023.
- Note is non-interest bearing and matures upon consummation of a business combination.
- Up to $1.5M of principal may be converted into warrants at $1.50 per warrant, identical to private placement warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824153/000119312523165306/0001193125-23-165306-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824153/000119312523165306/d458934d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-165306

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