---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-097954"
form_type: "8-K"
ticker: "ABPO"
cik: "0001893219"
company_name: "Abpro Holdings, Inc."
filed_at: "2024-04-16T23:59:59+00:00"
generated_at: "2026-06-03T22:25:19.928293+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# ACAB secures $360k funding from Polar Multi-Strategy Master Fund for De-SPAC working capital

## Summary
- Investor to provide up to $360,000 to Sponsor in exchange for 1 ACAB share per $1 invested at De-SPAC closing.
- Sponsor will loan funds interest-free to ACAB for working capital; repayment at De-SPAC closing.
- Investor can elect return of capital in cash or shares (1 share per $10 invested).
- If ACAB defaults on payment/registration obligations, it must issue 36,000 additional shares per month until cured.
- Subscription shares are unregistered under Section 4(a)(2) and Regulation D of the Securities Act.

## SEC filing metadata
- accession: 0001193125-24-097954
- form_type: 8-K
- ticker: ABPO
- cik: 0001893219
- company_name: Abpro Holdings, Inc.
- filed_at: 2024-04-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1893219/000119312524097954/0001193125-24-097954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1893219/000119312524097954/d691589d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-097954
- JSON: https://secwatch.observer/filing/0001193125-24-097954.json
- Plain text: https://secwatch.observer/filing/0001193125-24-097954.txt

## Key facts
- Material Agreements
  Abpro Holdings, Inc. entered into Subscription Agreement with Polar Multi-Strategy Master Fund valued at up to $360,000 (effective 2024-04-10).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Polar Multi-Strategy Master Fund
  - Value: up to $360,000
  - Effective: 2024-04-10
  source text: On April 10, 2024, Atlantic Coastal Acquisition Corp. II (“ACAB”), Polar Multi-Strategy Master Fund (the “Investor”), and Atlantic Coastal Acquisition Management II LLC, ACAB’s sponsor (the “Sponsor”) entered into a subscription agreement (the “Subscription Agreement”) pursuant to which the Investor agreed to provide a capital contribution to the Sponsor in an aggregate amount of up to $360,000 (the “Capital Contribution”) in exchange for 1 share of ACAB’s Series A common stock (“ACAB common stock”) held by the Sponsor for each $1 invested by the Investor as of the closing of ACAB’s proposed business combination (the “De-SPAC Closing”), provided that the obligation to make capital contributions will terminate on September 19, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1893219/000119312524097954/0001193125-24-097954-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.