---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-073585"
form_type: "8-K"
ticker: null
cik: "0001878074"
company_name: "Blue World Acquisition Corp"
filed_at: "2023-09-05T23:59:59+00:00"
generated_at: "2026-06-11T00:12:20.828216+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Blue World Acquisition extends deadline to Oct 2, 2023 with $60k sponsor deposit

## Summary
- Sponsor Blue World Holdings deposited $60,000 into trust to extend deadline one month to October 2, 2023.
- Extension evidenced by unsecured promissory note with no interest, payable at business combination.
- Sponsor can convert note into private units at $10/unit upon business combination.
- Company has option to extend up to nine times until April 2, 2024 with $60k per month.

## SEC filing metadata
- accession: 0001213900-23-073585
- form_type: 8-K
- cik: 0001878074
- company_name: Blue World Acquisition Corp
- filed_at: 2023-09-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1878074/000121390023073585/0001213900-23-073585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1878074/000121390023073585/ea184402-8k_blueworld.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-073585
- JSON: https://secwatch.observer/filing/0001213900-23-073585.json
- Plain text: https://secwatch.observer/filing/0001213900-23-073585.txt

## Key facts
- Debt Financings
  Blue World Acquisition Corp incurred loan of $60,000 with Blue World Holdings Limited (the Sponsor) at no interest maturing upon the consummation of the Company's business combination.
  - Instrument: loan
  - Principal: $60,000
  - Counterparty: Blue World Holdings Limited (the Sponsor)
  - Rate: no interest
  - Maturity: upon the consummation of the Company's business combination
  - Event: incurrence
  source text: On September 1, 2023, a total of $60,000 was deposited into the trust account of the Company (the "Extension Fee") to extend the timeline to complete a business combination for an additional one month from September 2, 2023 to October 2, 2023 (the "Extension"). Such deposit of the Extension Fee is evidenced by an unsecured promissory note (the "Extension Note") in the principal amount of $60,000 to the Sponsor.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1878074/000121390023073585/0001213900-23-073585-index.htm

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