{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-296689","form_type":"8-K/A","ticker":"EMCGF","cik":"0001869601","company_name":"Embrace Change Acquisition Corp.","filed_at":"2023-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.211881+00:00","generated_at":"2026-06-07T12:10:21.134269+00:00","sec_items":["2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Embrace Change Acquisition Corp. deposits $100,000 to extend business combination deadline by one month","bullets":["Company and sponsor deposited $90,000 and $10,000 respectively into trust account on September 8, 2023.","Extension moves deadline from September 12, 2023 to October 12, 2023 for completing a business combination.","Company issued an unsecured promissory note of $10,000 to sponsor, convertible into units at $10.00 per unit.","Conversion would result in issuance of 1,000 private placement units identical to IPO private placement units.","Note bears no interest and is repayable only upon consummation of the business combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-296689","json":"https://secwatch.observer/filing/0001193125-23-296689.json","markdown":"https://secwatch.observer/filing/0001193125-23-296689.md","text":"https://secwatch.observer/filing/0001193125-23-296689.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1869601/000119312523296689/0001193125-23-296689-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1869601/000119312523296689/d14371d8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T12:10:21.134269+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":"248102770a34d849345ad31604636ffa131e5673","claim":"Embrace Change Acquisition Corp. incurred loan of $10,000 with Wuren Fubao Inc., the Company’s sponsor at bears no interest maturing upon the consummation of the Company’s business combination.","evidence_excerpt":"the Company issued an unsecured promissory note (the “Extension Fee Note”), effective as of September 8, 2023, in an amount of $10,000 to the Sponsor. The Extension Fee Note bears no interest and is repayable in full upon the consummation of the Company’s business combination.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1869601/000119312523296689/0001193125-23-296689-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$10,000"},{"label":"Counterparty","value":"Wuren Fubao Inc., the Company’s sponsor"},{"label":"Rate","value":"bears no interest"},{"label":"Maturity","value":"upon the consummation of the Company’s 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"}