secwatch.observer — SEC 8-K summary
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Issuer:     OCA Acquisition Corp. (—)
CIK:        0001820175
Form:       8-K
Filed at:   2023-12-20T23:59:59+00:00
Accession:  0001213900-23-097338
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

OCA Acquisition draws $90K for one-month extension of SPAC deadline to Jan 20, 2024
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- Board approved $90,000 draw under promissory note from OCA Acquisition Holdings LLC; funds deposited into trust on Dec 19, 2023.
- Extends deadline to complete initial business combination from Dec 20, 2023 to Jan 20, 2024 (final one-month extension).
- Note is non-interest bearing, matures upon closing of business combination; if no deal, repaid only from funds outside trust or forfeited.
- As of Dec 19, 2023, $1,080,000 outstanding under Note; up to that amount convertible into warrants at $1 per warrant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820175/000121390023097338/0001213900-23-097338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820175/000121390023097338/ea190347-8k_ocaacq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-097338

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