---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-046867"
form_type: "8-K"
ticker: null
cik: "0001821812"
company_name: "Stratim Cloud Acquisition Corp."
filed_at: "2023-06-06T23:59:59+00:00"
generated_at: "2026-06-14T06:47:14.536231+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Stratim Cloud Acquisition enters $250K promissory note with sponsor at 10% interest

## Summary
- Sponsor Stratim Cloud Acquisition LLC provides up to $250K loan to SPAC; interest rate 10% per annum.
- Principal and accrued interest due upon completion of an initial business combination (Maturity Date).
- Funds to be used for working capital; sponsor waived any claim against the SPAC's trust account.
- SPAC's proposed business combination target is Force Pressure Control, LLC, mentioned in filing.

## SEC filing metadata
- accession: 0001213900-23-046867
- form_type: 8-K
- cik: 0001821812
- company_name: Stratim Cloud Acquisition Corp.
- filed_at: 2023-06-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821812/000121390023046867/0001213900-23-046867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821812/000121390023046867/ea179806-8k_stratim.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-046867
- JSON: https://secwatch.observer/filing/0001213900-23-046867.json
- Plain text: https://secwatch.observer/filing/0001213900-23-046867.txt

## Key facts
- Debt Financings
  Stratim Cloud Acquisition Corp. incurred loan of two hundred fifty thousand U.S. Dollars (U.S. $250,000) with Stratim Cloud Acquisition, LLC at 10% per annum maturing on the date by which the Company completes a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination i.
  - Instrument: loan
  - Principal: two hundred fifty thousand U.S. Dollars (U.S. $250,000)
  - Counterparty: Stratim Cloud Acquisition, LLC
  - Rate: 10% per annum
  - Maturity: on the date by which the Company completes a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination i
  - Event: incurrence
  source text: On June 6, 2023, Stratim Cloud Acquisition Corp., a Delaware Corporation (the “ Company ”) entered into a Promissory Note (the “ Promissory Note ”) with its sponsor, Stratim Cloud Acquisition, LLC, a Delaware limited liability company (the “ Sponsor ”). Pursuant to the Promissory Note, the Sponsor has agreed to provide the Company with a loan up to a principal amount of two hundred fifty thousand U.S. Dollars (U.S. $250,000) with an interest rate of 10% per annum, computed at a daily rate of 0.0278%. All unpaid principal and interest under the Promissory Note shall be due and payable in full on the date by which the Company completes a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination involving the Company and one or more businesses pursuant to its Amended and Restated Certificate of Incorporation (as it may be amended from time to time) (the “ Maturity Date ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821812/000121390023046867/0001213900-23-046867-index.htm
- Material Agreements
  Stratim Cloud Acquisition Corp. entered into Promissory Note with Stratim Cloud Acquisition, LLC valued at $250,000 (effective 2023-06-06).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Stratim Cloud Acquisition, LLC
  - Value: $250,000
  - Effective: 2023-06-06
  source text: On June 6, 2023, Stratim Cloud Acquisition Corp., a Delaware Corporation (the “ Company ”) entered into a Promissory Note (the “ Promissory Note ”) with its sponsor, Stratim Cloud Acquisition, LLC, a Delaware limited liability company (the “ Sponsor ”). Pursuant to the Promissory Note, the Sponsor has agreed to provide the Company with a loan up to a principal amount of two hundred fifty thousand U.S. Dollars (U.S. $250,000) with an interest rate of 10% per annum, computed at a daily rate of 0.0278%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821812/000121390023046867/0001213900-23-046867-index.htm

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