secwatch.observer — SEC 8-K summary
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Issuer:     Borealis Foods Inc. (BRLS)
CIK:        0001852973
Form:       8-K
Filed at:   2022-09-14T23:59:59+00:00
Accession:  0001213900-22-055860
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oxus Acquisition Corp. enters up to $1.5M promissory note with sponsor for working capital
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- Promissory note with sponsor Oxus Capital PTE. LTD allows borrowings up to $1.5M, non-interest bearing.
- Note is due upon consummation of initial business combination; no amounts outstanding as of Sep 13, 2022.
- Proceeds used for advisory and other costs; trust account proceeds are waived from repayment claims.
- Board of directors approved the note on Sep 6, 2022; any prepayment is allowed before maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852973/000121390022055860/0001213900-22-055860-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852973/000121390022055860/ea165675-8k_oxusacq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-055860

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