{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-202720","form_type":"8-K","ticker":null,"cik":"0001922331","company_name":"Global Star Acquisition Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.074114+00:00","generated_at":"2026-06-12T09:38:34.378695+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Global Star Acquisition issues $1.6M promissory note to sponsor for working capital","bullets":["Entered $1.6M promissory note with sponsor Global Star Acquisition 1 LLC, bearing no interest, for working capital expenses.","Repayment due later of December 31, 2023 or consummation of a business combination; only from funds outside trust.","Sponsor may convert up to $1.5M of principal into units at $10.00 per unit in lieu of cash repayment.","Note includes a trust waiver: Payee waives any claim against the IPO trust account and agrees not to seek recourse from it."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-202720","json":"https://secwatch.observer/filing/0001193125-23-202720.json","markdown":"https://secwatch.observer/filing/0001193125-23-202720.md","text":"https://secwatch.observer/filing/0001193125-23-202720.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1922331/000119312523202720/0001193125-23-202720-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1922331/000119312523202720/d538183d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T09:38:34.378695+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a737f4e7dea75012465cf5c46cddf892528917ec","claim":"Global Star Acquisition Inc. incurred loan of $1,600,000 with Global Star Acquisition 1 LLC maturing the later of: (i) December 31, 2023, or (ii) the date on which the Company consummates a business combination.","evidence_excerpt":"On July 31, 2023, Global Star Acquisition Inc. (the “Company”), a Delaware corporation issued a promissory note (the “Note”) in the principal amount of $1,600,000 to Global Star Acquisition 1 LLC (the “Sponsor”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1922331/000119312523202720/0001193125-23-202720-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$1,600,000"},{"label":"Counterparty","value":"Global Star Acquisition 1 LLC"},{"label":"Maturity","value":"the later of: (i) December 31, 2023, or (ii) the date on which the Company consummates a business combination"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"558c223d24f6ff91bab5d0f486da9fbee7874390","claim":"Global Star Acquisition Inc. entered into Note with Global Star Acquisition 1 LLC valued at $1,600,000 (effective 2023-07-31).","evidence_excerpt":"On July 31, 2023, Global Star Acquisition Inc. (the “Company”), a Delaware corporation issued a promissory note (the “Note”) in the principal amount of $1,600,000 to Global Star Acquisition 1 LLC (the “Sponsor”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1922331/000119312523202720/0001193125-23-202720-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Global Star Acquisition 1 LLC"},{"label":"Value","value":"$1,600,000"},{"label":"Effective","value":"2023-07-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}