---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-088413"
form_type: "8-K"
ticker: null
cik: "0001821075"
company_name: "Appreciate Holdings, Inc."
filed_at: "2023-11-20T23:59:59+00:00"
generated_at: "2026-06-07T23:29:11.603438+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Appreciate Holdings receives maturity notice under Forward Purchase Agreement; owes $6.75M to Polar

## Summary
- Polar Multi-Strategy Master Fund designated Nov 9, 2023 as Maturity Date under Forward Purchase Agreement.
- Maturity consideration is $6,750,000, payable to Polar on Settlement Date of Nov 13, 2023.
- Polar will deliver 2,942,049 recycled shares to Appreciate Holdings on Nov 13, 2023.
- Maximum Number of Shares under agreement was 3,000,000; no terminated shares.

## SEC filing metadata
- accession: 0001213900-23-088413
- form_type: 8-K
- cik: 0001821075
- company_name: Appreciate Holdings, Inc.
- filed_at: 2023-11-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821075/000121390023088413/0001213900-23-088413-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821075/000121390023088413/ea188691-8k_apprec.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-088413
- JSON: https://secwatch.observer/filing/0001213900-23-088413.json
- Plain text: https://secwatch.observer/filing/0001213900-23-088413.txt

## Key facts
- Debt Financings
  Appreciate Holdings, Inc. faced acceleration on debt of $6,750,000 with Polar Multi-Strategy Master Fund maturing November 9, 2023.
  - Principal: $6,750,000
  - Counterparty: Polar Multi-Strategy Master Fund
  - Maturity: November 9, 2023
  - Event: acceleration
  source text: On November 9, 2023, the Company received a notice from Polar Multi-Strategy Master Fund ("Polar") that states it is designating November 9, 2023 as the Valuation Date and Maturity Date under the previously disclosed Forward Purchase Agreement entered into in November 2022. The notice states that the maturity consideration is $6,750,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821075/000121390023088413/0001213900-23-088413-index.htm

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