---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-184747"
form_type: "8-K"
ticker: null
cik: "0001850262"
company_name: "Integral Acquisition Corp 1"
filed_at: "2023-07-10T23:59:59+00:00"
generated_at: "2026-06-13T10:41:35.334630+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Integral Acquisition Corp 1 enters into up to $1.5M promissory note with sponsor for working capital

## Summary
- Note from Integral Acquisition Corp 1 to sponsor Integral Sponsor LLC for up to $1,500,000, no interest, due upon business combination or liquidation.
- Proceeds used for working capital expenses; draws subject to sponsor approval in its sole discretion.
- Payee may convert unpaid principal into warrants at $1.00 per warrant, identical to IPO private placement warrants.
- Note is unsecured and ranks behind trust account claims; payee waives claims against trust account.
- Maturity upon earlier of DeSPAC transaction closing or liquidation.

## SEC filing metadata
- accession: 0001193125-23-184747
- form_type: 8-K
- cik: 0001850262
- company_name: Integral Acquisition Corp 1
- filed_at: 2023-07-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1850262/000119312523184747/0001193125-23-184747-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1850262/000119312523184747/d498124d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-184747
- JSON: https://secwatch.observer/filing/0001193125-23-184747.json
- Plain text: https://secwatch.observer/filing/0001193125-23-184747.txt

## Key facts
- Debt Financings
  Integral Acquisition Corp 1 incurred loan of up to $1,500,000 with Integral Sponsor LLC at no interest maturing upon the earlier to occur of (i) the date on which the Company consummates its initial business combination and (ii) the date that the winding up of the Company.
  - Instrument: loan
  - Principal: up to $1,500,000
  - Counterparty: Integral Sponsor LLC
  - Rate: no interest
  - Maturity: upon the earlier to occur of (i) the date on which the Company consummates its initial business combination and (ii) the date that the winding up of the Company
  - Event: incurrence
  source text: On July 10, 2023, Integral Acquisition Corporation 1 (the “Company”) issued a promissory note (the “Note”) in the aggregate principal amount of up to $1,500,000 to Integral Sponsor LLC, the Company’s sponsor (the “Payee”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1850262/000119312523184747/0001193125-23-184747-index.htm
- Material Agreements
  Integral Acquisition Corp 1 entered into Promissory Note with Integral Sponsor LLC valued at up to $1,500,000 (effective 2023-07-10).
  - Action: entry
  - Counterparty: Integral Sponsor LLC
  - Value: up to $1,500,000
  - Effective: 2023-07-10
  source text: On July 10, 2023, Integral Acquisition Corporation 1 (the “Company”) issued a promissory note (the “Note”) in the aggregate principal amount of up to $1,500,000 to Integral Sponsor LLC, the Company’s sponsor (the “Payee”). The Note was issued in connection with advances the Payee has made, and may make in the future, to the Company for working capital expenses.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1850262/000119312523184747/0001193125-23-184747-index.htm

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