{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-236218","form_type":"8-K","ticker":null,"cik":"0001880441","company_name":"Battery Future Acquisition Corp.","filed_at":"2023-09-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.979981+00:00","generated_at":"2026-06-10T16:44:46.804002+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"BFAC receives $250K loan from Pala to extend business combination deadline to Oct 17","bullets":["Deposit of $250,000 into trust account extends deadline by one month to October 17, 2023.","Fourth of up to twelve permitted monthly extensions; Pala provides loan under existing convertible promissory note.","Loan may be converted into warrants at $1.00 per warrant; no interest accrues.","Repayment only from funds outside trust if no business combination is completed."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-236218","json":"https://secwatch.observer/filing/0001193125-23-236218.json","markdown":"https://secwatch.observer/filing/0001193125-23-236218.md","text":"https://secwatch.observer/filing/0001193125-23-236218.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1880441/000119312523236218/0001193125-23-236218-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1880441/000119312523236218/d547156d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T16:44:46.804002+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":"6580997d39397fa64e6a31a5f29318ded45598d2","claim":"Battery Future Acquisition Corp. incurred convertible notes of $250,000 with Pala Investment Limited at no interest shall accrue maturing the earlier of (i) the date on which the business combination is consummated and (ii) the date of the Company's liquidation.","evidence_excerpt":"On September 15, 2023, an aggregate of $250,000 (the \"Extension Payment\") was deposited by Pala Investment Limited, a Jersey limited liability company (\"Pala\"), into the trust account of Battery Future Acquisition Corp. (\"BFAC\" or the \"Company\") for BFAC's public shareholders, representing $0.024 per public share, which enables BFAC to extend the period of time it has to consummate its initial business combination by one month to October 17, 2023 (the \"Extension\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1880441/000119312523236218/0001193125-23-236218-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$250,000"},{"label":"Counterparty","value":"Pala Investment Limited"},{"label":"Rate","value":"no interest shall accrue"},{"label":"Maturity","value":"the earlier of (i) the date on which the business combination is consummated and (ii) the date of the Company's liquidation"},{"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"}