secwatch.observer — SEC 8-K summary
======================================

Issuer:     Embrace Change Acquisition Corp. (EMCGF)
CIK:        0001869601
Form:       8-K/A
Filed at:   2023-12-15T23:59:59+00:00
Accession:  0001193125-23-296689
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Embrace Change Acquisition Corp. deposits $100,000 to extend business combination deadline by one month
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1869601/000119312523296689/0001193125-23-296689-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1869601/000119312523296689/d14371d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-296689

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer