secwatch.observer — SEC 8-K summary
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Issuer:     Embrace Change Acquisition Corp. (EMCGF)
CIK:        0001869601
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001193125-23-277101
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Embrace Change Acquisition extends deadline to Dec 12, 2023 via $190K promissory note from CFO
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869601/000119312523277101/0001193125-23-277101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869601/000119312523277101/d367181d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-277101

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