Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Fold Holdings, Inc. incurred loan of up to an aggregate principal amount of $1,500,000 with Emerald ESG Sponsor, LLC at non-interest bearing maturing the date on which we consummate a business combination.
- Instrument
- loan
- Principal
- up to an aggregate principal amount of $1,500,000
- Counterparty
- Emerald ESG Sponsor, LLC
- Rate
- non-interest bearing
- Maturity
- the date on which we consummate a business combination
- Event
- incurrence
Exact text from the filing
to Emerald ESG Sponsor, LLC (the “Lender”), one of the Company’s sponsors. Pursuant to the Promissory Note, the Lender agreed to loan us up to an aggregate principal amount of $1,500,000. The Promissory Note is non-interest bearing and all outstanding amounts under the Promissory Note will be due on the date on which we consummate a business combination (the
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Fold Holdings, Inc. entered into Promissory Note with Emerald ESG Sponsor, LLC valued at $1,500,000 (effective 2023-01-13).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Emerald ESG Sponsor, LLC
- Value
- $1,500,000
- Effective
- 2023-01-13
Exact text from the filing
On January 13, 2023, FTAC Emerald Acquisition Corp. (“we,” “us” or the “Company”) issued a promissory note (the “Promissory Note”) to Emerald ESG Sponsor, LLC (the “Lender”), one of the Company’s sponsors. Pursuant to the Promissory Note, the Lender agreed to loan us up to an aggregate principal amount of $1,500,000.
View on SEC.gov