secwatch.observer — SEC 8-K summary
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Issuer:     Malacca Straits Acquisition Co Ltd (—)
CIK:        0001807594
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001213900-23-025463
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Malacca Straits obtains up to $1M promissory note from sponsor for business combination costs
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- Note of up to $1,000,000 issued to Malacca Straits Management Company Limited (sponsor).
- Non-interest bearing, payable upon business combination or liquidation of the SPAC.
- Proceeds to be used for costs related to initial business combination and general working capital.
- Payee waives any claim against the trust account established in the IPO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807594/000121390023025463/0001213900-23-025463-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807594/000121390023025463/ea176226-8k_malacca.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-025463

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