{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-295512","form_type":"8-K","ticker":null,"cik":"0001847112","company_name":"TortoiseEcofin Acquisition Corp. III","filed_at":"2023-12-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.012032+00:00","generated_at":"2026-06-07T13:04:04.514191+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"TortoiseEcofin SPAC secures $1M loan for extension and working capital ahead of One Energy deal","bullets":["Lenders provide $1.0M aggregate loan to sponsor; sponsor lends same amount to SPAC for extension fees and working capital.","Loan is non-interest bearing; principal due within 5 business days of closing the business combination with One Energy.","Sponsor to transfer 499,500 Class B ordinary shares to lenders upon closing as additional consideration.","One Energy to pay lenders $499,500 cash within 5 business days of closing.","If business combination fails, lenders may receive One Energy common stock at latest private valuation; put option at 1.05x principal if stock not listed by Dec 31, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-295512","json":"https://secwatch.observer/filing/0001193125-23-295512.json","markdown":"https://secwatch.observer/filing/0001193125-23-295512.md","text":"https://secwatch.observer/filing/0001193125-23-295512.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1847112/000119312523295512/0001193125-23-295512-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1847112/000119312523295512/d570104d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T13:04:04.514191+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":"92882c24c704675958eab3b5f3d4f13be089a7a0","claim":"TortoiseEcofin Acquisition Corp. III incurred loan of $1.0 million with One Energy Enterprises Inc. and other Lenders at will not accrue any interest maturing within five business days of the completion of the Company's initial business combination with One Energy.","evidence_excerpt":"sponsor (the “ Sponsor ”), One Energy Enterprises Inc. (“ One Energy ”) and other parties (the “ Lenders ”), pursuant to which the Lenders agreed to loan an aggregate of $1.0 million to the Sponsor (the “ Loan ”) and the Sponsor intends to loan such amount to the Company (the “ SPAC Loan ”). Neither the Loan nor the SPAC Loan will accrue any interest. The","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847112/000119312523295512/0001193125-23-295512-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$1.0 million"},{"label":"Counterparty","value":"One Energy Enterprises Inc. and other Lenders"},{"label":"Rate","value":"will not accrue any interest"},{"label":"Maturity","value":"within five business days of the completion of the Company's initial business combination with One Energy"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"998b491a2a935a198c71616942ebbe8af5e91538","claim":"TortoiseEcofin Acquisition Corp. III entered into Loan and Transfer Agreements with One Energy Enterprises Inc. valued at Loan of $1.0 million (effective 2023-12-10).","evidence_excerpt":"On December 10, 2023, TortoiseEcofin Acquisition Corp. III (the “ Company ”) entered into Loan and Transfer Agreements between the Company, TortoiseEcofin Sponsor III LLC, the Company’s sponsor (the “ Sponsor ”), One Energy Enterprises Inc. (“ One Energy ”) and other parties (the “ Lenders ”), pursuant to which the Lenders agreed to loan an aggregate of $1.0 million to the Sponsor (the “ Loan ”) and the Sponsor intends to loan such amount to the Company (the “ SPAC Loan ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847112/000119312523295512/0001193125-23-295512-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"One Energy Enterprises Inc."},{"label":"Value","value":"Loan of $1.0 million"},{"label":"Effective","value":"2023-12-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}