secwatch.observer — SEC 8-K summary
======================================

Issuer:     Perception Capital Corp. IV (—)
CIK:        0001870143
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001213900-23-084847
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 5.02, 1.02, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RCF Acquisition completes sponsor transfer; appoints new CEO, CFO, President
----------------------------------------------------------------------------

- Perception Capital acquired 1.67M Class A shares and 9.07M private warrants from Sponsor; all prior directors and officers resigned.
- Rick Gaenzle named CEO, John Stanfield CFO, Tao Tan President; Scott Honour becomes Chairman.
- Company issued up to $2M convertible secured note to Blue Capital, no interest, converts at $1/share upon business combination.
- Prior $5M working capital note and $3.6M extension note terminated and cancelled by Sponsor.
- Former CEO Sunny Shah received $12,500 termination payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1870143/000121390023084847/0001213900-23-084847-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1870143/000121390023084847/ea187907-8k_rcfacq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-084847

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