{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-277101","form_type":"8-K","ticker":"EMCGF","cik":"0001869601","company_name":"Embrace Change Acquisition Corp.","filed_at":"2023-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.212482+00:00","generated_at":"2026-06-08T04:05:02.381850+00:00","sec_items":["2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Embrace Change Acquisition extends deadline to Dec 12, 2023 via $190K promissory note from CFO","bullets":["CFO Zheng Yuan deposited $100,000 into trust account to extend business combination deadline by one month to December 12, 2023.","Ms. Yuan also paid $90,111.54 in company bills; total $190,111.54 covered by unsecured promissory note issued Nov 13, 2023.","Note bears no interest, repayable upon consummation of business combination, and convertible into private placement units at $10/unit.","If converted, up to 19,011 private placement units (each containing one ordinary share, warrant, and right) would be issued."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-277101","json":"https://secwatch.observer/filing/0001193125-23-277101.json","markdown":"https://secwatch.observer/filing/0001193125-23-277101.md","text":"https://secwatch.observer/filing/0001193125-23-277101.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1869601/000119312523277101/0001193125-23-277101-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1869601/000119312523277101/d367181d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T04:05:02.381850+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":"6e79ddf85c6d27f8b0625da0f64766cb6a95c1e2","claim":"Embrace Change Acquisition Corp. incurred loan of $190,111.54 with Zheng Yuan at bears no interest maturing upon the consummation of the Company's initial business combination.","evidence_excerpt":"On November 13, 2023, the Company issued an unsecured promissory note (the “Note”), effective as of November 10, 2023, in an amount of $190,111.54 to Ms. Yuan. The Note bears no interest and is repayable in full upon the consummation of the Company’s initial business combination.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1869601/000119312523277101/0001193125-23-277101-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$190,111.54"},{"label":"Counterparty","value":"Zheng Yuan"},{"label":"Rate","value":"bears no interest"},{"label":"Maturity","value":"upon the 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"}