{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-226354","form_type":"8-K","ticker":"SOC","cik":"0001831481","company_name":"Sable Offshore Corp.","filed_at":"2023-08-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.562667+00:00","generated_at":"2026-06-11T01:25:59.441127+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Flame Acquisition Corp. issues $1.13M in promissory notes to sponsor for working capital","bullets":["Two notes: $635,000 (Flame Expenses) and $495,000 (Sable Expenses) to Flame Acquisition Sponsor LLC.","Notes are non-interest bearing, repayable upon completion of business combination; forgiven if no deal.","$635,000 note convertible into working capital warrants at $1.00 per warrant, identical to IPO private placement warrants.","$495,000 note for Sable Offshore Corp./Holdings out-of-pocket expenses; no conversion option."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-226354","json":"https://secwatch.observer/filing/0001193125-23-226354.json","markdown":"https://secwatch.observer/filing/0001193125-23-226354.md","text":"https://secwatch.observer/filing/0001193125-23-226354.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1831481/000119312523226354/0001193125-23-226354-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1831481/000119312523226354/d501199d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T01:25:59.441127+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":"47dddd79e7cf08e07a514d202e085ed368f79040","claim":"Sable Offshore Corp. incurred loan of $635,000 with Flame Acquisition Sponsor LLC at do not bear interest maturing upon consummation of the Company’s initial business combination.","evidence_excerpt":"On August 30, 2023, Flame Acquisition Corp. (the “Company”) issued two unsecured promissory notes: (i) a promissory note (the “Flame Expenses Note”) in the principal amount of $635,000 to Flame Acquisition Sponsor LLC (the “Sponsor”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1831481/000119312523226354/0001193125-23-226354-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$635,000"},{"label":"Counterparty","value":"Flame Acquisition Sponsor LLC"},{"label":"Rate","value":"do not bear interest"},{"label":"Maturity","value":"upon consummation of the Company’s initial business combination"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"fb08c4ee550d022ad05923301473901c14189ba6","claim":"Sable Offshore Corp. incurred loan of $495,000 with Flame Acquisition Sponsor LLC at do not bear interest maturing upon consummation of the Company’s initial business combination.","evidence_excerpt":"a promissory note (the “Sable Expenses Note” and, together with the Flame Expenses Note, the “Notes”) in the principal amount of $495,000 to the Sponsor","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1831481/000119312523226354/0001193125-23-226354-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$495,000"},{"label":"Counterparty","value":"Flame Acquisition Sponsor LLC"},{"label":"Rate","value":"do not bear interest"},{"label":"Maturity","value":"upon consummation of the Company’s initial business combination"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}