secwatch.observer — SEC 8-K summary
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Issuer:     Blue World Acquisition Corp (—)
CIK:        0001878074
Form:       8-K
Filed at:   2023-09-05T23:59:59+00:00
Accession:  0001213900-23-073585
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1878074/000121390023073585/0001213900-23-073585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1878074/000121390023073585/ea184402-8k_blueworld.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-073585

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