---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-041295"
form_type: "8-K"
ticker: null
cik: "0001820175"
company_name: "OCA Acquisition Corp."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T20:00:39.398443+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OCA Acquisition Corp. draws $90,000 to extend business combination deadline to June 20, 2023

## Summary
- Board of directors approved draw of $90,000 from Promissory Note with OCA Acquisition Holdings LLC on May 16, 2023.
- Funds deposited into trust account on May 18, 2023, extending the deadline from May 20, 2023 to June 20, 2023.
- Extension is the second of nine permitted monthly extensions under the company's amended charter.
- Note is non-interest bearing, matures upon closing of initial business combination, and up to $1,080,000 can be converted into warrants at $1.00 each.
- If no business combination consummated, note repaid only from funds outside trust account or forgiven.

## SEC filing metadata
- accession: 0001213900-23-041295
- form_type: 8-K
- cik: 0001820175
- company_name: OCA Acquisition Corp.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820175/000121390023041295/0001213900-23-041295-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820175/000121390023041295/ea178841-8k_ocaacq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-041295
- JSON: https://secwatch.observer/filing/0001213900-23-041295.json
- Plain text: https://secwatch.observer/filing/0001213900-23-041295.txt

## Key facts
- Debt Financings
  OCA Acquisition Corp. incurred loan of an aggregate of $90,000 with OCA Acquisition Holdings LLC at does not bear interest maturing matures upon closing of the Company's initial business combination.
  - Instrument: loan
  - Principal: an aggregate of $90,000
  - Counterparty: OCA Acquisition Holdings LLC
  - Rate: does not bear interest
  - Maturity: matures upon closing of the Company's initial business combination
  - Event: incurrence
  source text: On May 16, 2023, the board of directors of OCA Acquisition Corp., a Delaware corporation (the “ Company ”), approved a draw of an aggregate of $90,000 (the “ Extension Funds ”) pursuant to the Promissory Note, dated as of January 19, 2023, between the Company and OCA Acquisition Holdings LLC (the “ Note ”), which Extension Funds the Company deposited into the Company’s trust account for its public stockholders on May 18, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820175/000121390023041295/0001213900-23-041295-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.