secwatch.observer — SEC 8-K summary
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Issuer:     Stratim Cloud Acquisition Corp. (—)
CIK:        0001821812
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001213900-23-046867
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821812/000121390023046867/0001213900-23-046867-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821812/000121390023046867/ea179806-8k_stratim.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-046867

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer