secwatch.observer — SEC 8-K summary
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Issuer:     OCA Acquisition Corp. (—)
CIK:        0001820175
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001213900-23-031333
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

OCA Acquisition draws $90K to extend business combo deadline to May 20, 2023
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- Board approved $90,000 draw under Jan 19, 2023 promissory note with OCA Acquisition Holdings LLC.
- Funds deposited into trust account to extend initial business combination deadline from Apr 20 to May 20, 2023.
- First of nine permitted one-month extensions; total possible extension of up to 9 months.
- Note non-interest bearing, matures at consummation of initial business combination.
- Up to $1,080,000 of principal may be converted into warrants at $1.00 per warrant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820175/000121390023031333/0001213900-23-031333-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820175/000121390023031333/ea177113-8k_ocaacq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-031333

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