{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-088309","form_type":"8-K","ticker":null,"cik":"0001878074","company_name":"Blue World Acquisition Corp","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.243135+00:00","generated_at":"2026-06-08T00:27:19.751291+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Blue World Acquisition obtains $250K promissory note from sponsor for working capital","bullets":["Issued unsecured promissory note of $250,000 to sponsor Blue World Holdings Limited on Nov 15, 2023.","Note bears no interest and matures upon business combination or company expiry; proceeds for general working capital.","Sponsor can convert outstanding principal into private units at $10 per unit (each unit: one Class A share, half warrant, one right).","Note is exempt from registration under Section 4(a)(2) of Securities Act; repayment from trust funds is prohibited if no combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-088309","json":"https://secwatch.observer/filing/0001213900-23-088309.json","markdown":"https://secwatch.observer/filing/0001213900-23-088309.md","text":"https://secwatch.observer/filing/0001213900-23-088309.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1878074/000121390023088309/0001213900-23-088309-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1878074/000121390023088309/ea188502-8k_blueworld.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T00:27:19.751291+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":"80c01f52e2d519237bc719243b6c3e461d4f480b","claim":"Blue World Acquisition Corp incurred loan of $250,000 with Blue World Holdings Limited at no interest maturing upon the earlier to occur of (i) the consummation of the Company’s business combination or (ii) the date of expiry of the term of the Company.","evidence_excerpt":"On November 15, 2023, Blue World Acquisition Corporation (the “Company”) issued an unsecured promissory note (the “Promissory Note”) in the amount of $250,000 to Blue World Holdings Limited (the “Sponsor”), a Hong Kong private company limited by shares.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1878074/000121390023088309/0001213900-23-088309-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$250,000"},{"label":"Counterparty","value":"Blue World Holdings Limited"},{"label":"Rate","value":"no interest"},{"label":"Maturity","value":"upon the earlier to occur of (i) the consummation of the Company’s business combination or (ii) the date of expiry of the term of the Company"},{"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"}