Qomolangma Acquisition Corp.: debt financing — Qomolangma Acquisition Corp borrows $200K from sponsor via unsecured promissory note

Qomolangma Acquisition Corp.

Issued $200,000 unsecured promissory note to sponsor Qomolangma Investments LLC for working capital.
Note bears no interest, repayable upon business combination or by June 29, 2023.
Proceeds not deposited into trust account; sponsor waived claims against trust proceeds.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Qomolangma Acquisition Corp. incurred loan of $200,000 with Qomolangma Investments LLC at bears no interest maturing repayable in full upon the consummation of the Company's business combination.

Instrument: loan
Principal: $200,000
Counterparty: Qomolangma Investments LLC
Rate: bears no interest
Maturity: repayable in full upon the consummation of the Company's business combination
Event: incurrence

Exact text from the filing

On March 22, 2023, Qomolangma Acquisition Corp., a Delaware corporation (the “Company”), issued an unsecured promissory note (a “Working Capital Note”) in the principal amount of $200,000 to Qomolangma Investments LLC, a Delaware limited liability company (the “Sponsor”).

View on SEC.gov

Browse all debt financings →

Source: SEC EDGAR

accession 0001213900-23-022689

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.