secwatch.observer — SEC 8-K summary
======================================

Issuer:     Embrace Change Acquisition Corp. (EMCGF)
CIK:        0001869601
Form:       8-K
Filed at:   2023-09-11T23:59:59+00:00
Accession:  0001193125-23-232450
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Embrace Change Acquisition extends deadline to Oct 12, 2023 with $1M deposit and $10K note to sponsor
--------------------------------------------------------------------------------

- Sponsor deposits $1M total into trust to extend business combination deadline by one month from Sep 12 to Oct 12, 2023.
- Company issues $10,000 unsecured promissory note to sponsor, convertible into units at $10 per unit upon business combination.
- Note is non-interest bearing, repayable upon consummation of business combination.
- Conversion would result in up to 1,000 private placement units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869601/000119312523232450/0001193125-23-232450-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869601/000119312523232450/d496344d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-232450

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