---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-080490"
form_type: "8-K"
ticker: null
cik: "0001878074"
company_name: "Blue World Acquisition Corp"
filed_at: "2023-09-28T23:59:59+00:00"
generated_at: "2026-06-10T07:48:36.689415+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Blue World Acquisition extends business combination deadline to Nov 2 with $60k deposit

## Summary
- Sponsor deposited $60,000 into trust to extend completion deadline from Oct 2 to Nov 2, 2023.
- Extension evidenced by unsecured, non-interest-bearing promissory note payable upon consummation of a business combination.
- Sponsor may convert note into private units at $10.00 per unit upon a business combination.
- Company may further extend monthly up to April 2, 2024, with additional $60,000 deposits per month.

## SEC filing metadata
- accession: 0001213900-23-080490
- form_type: 8-K
- cik: 0001878074
- company_name: Blue World Acquisition Corp
- filed_at: 2023-09-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1878074/000121390023080490/0001213900-23-080490-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1878074/000121390023080490/ea185786-8k_blueworld.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-080490
- JSON: https://secwatch.observer/filing/0001213900-23-080490.json
- Plain text: https://secwatch.observer/filing/0001213900-23-080490.txt

## Key facts
- Debt Financings
  Blue World Acquisition Corp incurred loan of $60,000 with Blue World Holdings Limited at no interest maturing upon the consummation of the Company’s business combination.
  - Instrument: loan
  - Principal: $60,000
  - Counterparty: Blue World Holdings Limited
  - Rate: no interest
  - Maturity: upon the consummation of the Company’s business combination
  - Event: incurrence
  source text: On September 27, 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 October 2, 2023 to November 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/1878074/000121390023080490/0001213900-23-080490-index.htm

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