---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-270430"
form_type: "8-K"
ticker: null
cik: "0001912461"
company_name: "SK Growth Opportunities Corp"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:45:36.544762+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# SK Growth Opportunities issues $380K promissory note to sponsor for working capital

## Summary
- Unsecured promissory note of up to $380,000 issued to Auxo Capital Managers LLC on Oct 30, 2023.
- Note bears no interest and matures upon consummation of the initial business combination.
- Repayment limited to funds outside the trust account if no business combination occurs.
- Principal may be converted at sponsor's option into warrants at $1.00 per warrant, identical to IPO private warrants.
- Proceeds used to fund ongoing operating expenses of the blank check company.

## SEC filing metadata
- accession: 0001193125-23-270430
- form_type: 8-K
- cik: 0001912461
- company_name: SK Growth Opportunities Corp
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1912461/000119312523270430/0001193125-23-270430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1912461/000119312523270430/d866704d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-270430
- JSON: https://secwatch.observer/filing/0001193125-23-270430.json
- Plain text: https://secwatch.observer/filing/0001193125-23-270430.txt

## Key facts
- Debt Financings
  SK Growth Opportunities Corp incurred loan of up to three hundred and eighty thousand dollars ($380,000) with Auxo Capital Managers LLC at does not bear interest maturing upon closing of the Company's initial business combination.
  - Instrument: loan
  - Principal: up to three hundred and eighty thousand dollars ($380,000)
  - Counterparty: Auxo Capital Managers LLC
  - Rate: does not bear interest
  - Maturity: upon closing of the Company's initial business combination
  - Event: incurrence
  source text: On October 30, 2023, the SK Growth Opportunities Corporation, a Cayman Islands exempted company and blank check company (the “Company”) issued an unsecured promissory note in the total principal amount of up to three hundred and eighty thousand dollars ($380,000) (the “Promissory Note”) to Auxo Capital Managers LLC, a Delaware limited liability company, or its registered assigns or successors in interest (the “Sponsor”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1912461/000119312523270430/0001193125-23-270430-index.htm

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