---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-217057"
form_type: "8-K"
ticker: null
cik: "0001838162"
company_name: "Slam Corp."
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:29:11.799503+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Slam Corp. issues $800K promissory note to sponsor for working capital

## Summary
- Slam Corp. issued $800,000 unsecured promissory note to Slam Sponsor, LLC on August 18, 2023.
- Note is non-interest bearing and repayable only upon consummation of a business combination.
- If no business combination occurs, the note is forgiven and not repaid.
- Sponsor waived any claims against the trust account established from IPO proceeds.

## SEC filing metadata
- accession: 0001193125-23-217057
- form_type: 8-K
- cik: 0001838162
- company_name: Slam Corp.
- filed_at: 2023-08-21T23:59:59+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/1838162/000119312523217057/0001193125-23-217057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838162/000119312523217057/d510847d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-217057
- JSON: https://secwatch.observer/filing/0001193125-23-217057.json
- Plain text: https://secwatch.observer/filing/0001193125-23-217057.txt

## Key facts
- Debt Financings
  Slam Corp. incurred loan of $800,000 with Slam Sponsor, LLC at does not bear interest maturing repayable in full upon the consummation of the Company’s initial business combination.
  - Instrument: loan
  - Principal: $800,000
  - Counterparty: Slam Sponsor, LLC
  - Rate: does not bear interest
  - Maturity: repayable in full upon the consummation of the Company’s initial business combination
  - Event: incurrence
  source text: On August 18, 2023, Slam Corp. issued an unsecured promissory note (the “Note”) in the principal amount of $800,000 to Slam Sponsor, LLC (the “Sponsor”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838162/000119312523217057/0001193125-23-217057-index.htm

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