{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-087722","form_type":"8-K","ticker":null,"cik":"0001844389","company_name":"Ace Global Business Acquisition Ltd","filed_at":"2023-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.985781+00:00","generated_at":"2026-06-08T01:26:43.585578+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"ACBA deposits $98.9K into trust, extends business combination deadline to Jan 8, 2024","bullets":["Sponsor deposited $98,858.95 into trust to extend deadline from Dec 9, 2023 to Jan 8, 2024.","Company issued unsecured promissory note to sponsor; no interest, convertible into units at $10/unit.","Note principal of $98,858.95 equates to ~$0.05 per ordinary share.","Extension provides additional time to complete a business combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-087722","json":"https://secwatch.observer/filing/0001213900-23-087722.json","markdown":"https://secwatch.observer/filing/0001213900-23-087722.md","text":"https://secwatch.observer/filing/0001213900-23-087722.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1844389/000121390023087722/0001213900-23-087722-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1844389/000121390023087722/ea188573-8k_aceglobal.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T01:26:43.585578+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e067c2d22c90e65859332d3b5f95fe380bdc97e3","claim":"Ace Global Business Acquisition Ltd incurred loan of $98,858.95 with Ace Global Investment Limited at does not bear interest maturing upon the closing of a business combination.","evidence_excerpt":"On November 14, 2023, Ace Global Business Acquisition Limited (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $98,858.95 (the “Note”) to Ace Global Investment Limited, the Company’s initial public offering sponsor (“Sponsor”) in exchange for Sponsor depositing such amount into the Company’s trust account in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from December 9, 2023 to January 8, 2024.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1844389/000121390023087722/0001213900-23-087722-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$98,858.95"},{"label":"Counterparty","value":"Ace Global Investment Limited"},{"label":"Rate","value":"does not bear interest"},{"label":"Maturity","value":"upon the closing of a business combination"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}