secwatch.observer — SEC 8-K summary
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Issuer:     OCA Acquisition Corp. (—)
CIK:        0001820175
Form:       8-K
Filed at:   2023-08-17T23:59:59+00:00
Accession:  0001213900-23-068566
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

OCA Acquisition Corp. extends business combination deadline to September 20, 2023 via $90k draw
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- Board approved $90k draw from promissory note to extend deadline from Aug 20 to Sep 20, 2023 (fifth of nine possible extensions).
- $720k outstanding under note as of Aug 17, 2023; total principal up to $1.08M convertible into warrants at $1.00 per warrant.
- Note bears no interest; repayment only from funds outside trust if no business combination consummated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820175/000121390023068566/0001213900-23-068566-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820175/000121390023068566/ea183812-8k_ocaasq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-068566

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