{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-118484","form_type":"8-K","ticker":null,"cik":"0001847112","company_name":"TortoiseEcofin Acquisition Corp. III","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.757541+00:00","generated_at":"2026-06-03T06:41:57.568588+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"TortoiseEcofin raises $750K for monthly extensions through Oct 22, 2024","bullets":["Aggregate $350K loan from four lenders and $400K subscription from investor to sponsor, to fund trust account payments and working capital.","Sponsor to loan funds to SPAC; loans non-interest bearing; repayment at DeSPAC closing with additional cash payments and share transfers.","Sponsor to transfer 175,000 Class B shares to lenders; investor to receive 200,000 Pubco shares.","If business combination fails, lenders/investor get One Energy common shares at private valuation, with redemption option at 1.05x by Dec 31, 2026.","One Energy reaffirms responsibility for all extension payments."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-118484","json":"https://secwatch.observer/filing/0001193125-24-118484.json","markdown":"https://secwatch.observer/filing/0001193125-24-118484.md","text":"https://secwatch.observer/filing/0001193125-24-118484.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1847112/000119312524118484/0001193125-24-118484-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1847112/000119312524118484/d792439d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:41:57.568588+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":"545c436aaa887d939b6cf96a69648bf2aae2c753","claim":"TortoiseEcofin Acquisition Corp. III incurred loan of $400,000 with Investor.","evidence_excerpt":"the Investor has agreed to contribute $400,000 to the Sponsor as a capital contribution (the “ Capital Contribution ”), which Capital Contribution will generally be treated as part of the SPAC Loan","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847112/000119312524118484/0001193125-24-118484-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$400,000"},{"label":"Counterparty","value":"Investor"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"dae40ac2ae2ba32a7ebfa152177022c55e0d0563","claim":"TortoiseEcofin Acquisition Corp. III incurred loan of $350,000 with Lenders.","evidence_excerpt":"the Company, the Sponsor, One Energy Enterprises Inc. (“ One Energy ”) and four investors (collectively, the “ Lenders ”) entered into Loan and Transfer Agreements (the “ Loan and Transfer Agreements ”) pursuant to which the Lenders, collectively, agreed to loan an aggregate of $350,000 to the Sponsor (the “ Loan ”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847112/000119312524118484/0001193125-24-118484-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$350,000"},{"label":"Counterparty","value":"Lenders"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"e074556a54b7c6a50f37646e8d69cb154a90208e","claim":"TortoiseEcofin Acquisition Corp. III incurred loan of $350,000 with Sponsor.","evidence_excerpt":"the “ Lenders ”) entered into Loan and Transfer Agreements (the “ Loan and Transfer Agreements ”) pursuant to which the Lenders, collectively, agreed to loan an aggregate of $350,000 to the Sponsor (the “ Loan ”), which the Sponsor intends to loan to the Company (the “ SPAC Loan ”), in each case in connection with the April Extension and the Month-to-Month","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847112/000119312524118484/0001193125-24-118484-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$350,000"},{"label":"Counterparty","value":"Sponsor"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"033ba620923f8ee58f8535243c65b3a240ed0eea","claim":"TortoiseEcofin Acquisition Corp. III entered into Subscription Agreement with TortoiseEcofin Sponsor III LLC, One Energy Enterprises Inc., and a third-party investor valued at Capital contribution of $400,000, 200,000 Pubco shares, cash payment of $200,000, potential 800,000 (effective 2024-04-25).","evidence_excerpt":"Additionally, also in connection with the April Extension Meeting and the Month-to-Month Extension Payments described above, including the Sponsor’s obligations in respect thereof, on April 25, 2024, the Company, the Sponsor, One Energy and a third-party investor (the “ Investor ”) entered into a subscription agreement (the “ Subscription Agreement ”) in the form attached as Exhibit 10.2 hereto, which is incorporated herein by reference.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847112/000119312524118484/0001193125-24-118484-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"TortoiseEcofin Sponsor III LLC, One Energy Enterprises Inc., and a third-party investor"},{"label":"Value","value":"Capital contribution of $400,000, 200,000 Pubco shares, cash payment of $200,000, potential 800,000"},{"label":"Effective","value":"2024-04-25"}],"fact_type":"material_agreement"},{"claim_id":"f9d7a988b1d789afae9b852410a5f826750f2d73","claim":"TortoiseEcofin Acquisition Corp. III entered into Loan and Transfer Agreements with TortoiseEcofin Sponsor III LLC, One Energy Enterprises Inc., and four investors valued at Loan of $350,000, additional cash payment of $175,000, 175,000 Class B ordinary shares (effective 2024-04-17).","evidence_excerpt":"On April 17, 2024, the Company, the Sponsor, One Energy Enterprises Inc. (“ One Energy ”) and four investors (collectively, the “ Lenders ”) entered into Loan and Transfer Agreements (the “ Loan and Transfer Agreements ”) pursuant to which the Lenders, collectively, agreed to loan an aggregate of $350,000 to the Sponsor (the “ Loan ”), which the Sponsor intends to loan to the Company (the “ SPAC Loan ”), in each case in connection with the April Extension and the Month-to-Month Extension Payments.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1847112/000119312524118484/0001193125-24-118484-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"TortoiseEcofin Sponsor III LLC, One Energy Enterprises Inc., and four investors"},{"label":"Value","value":"Loan of $350,000, additional cash payment of $175,000, 175,000 Class B ordinary shares"},{"label":"Effective","value":"2024-04-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}