secwatch.observer — SEC 8-K summary
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Issuer:     Keyarch Acquisition Corp (—)
CIK:        0001865701
Form:       8-K
Filed at:   2023-12-21T23:59:59+00:00
Accession:  0001213900-23-097721
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Keyarch Acquisition obtains up to $600K promissory note from sponsor for working capital
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- Principal amount up to $600,000; no interest; due at earliest of business combination or winding up.
- Drawdowns minimum $10,000 each; Payee must fund within 5 business days of request.
- Sponsor Keyarch Global Sponsor Limited waives any claim against trust account except repayment upon business combination.
- Note is unregistered; cannot be sold or transferred without registration or legal opinion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865701/000121390023097721/0001213900-23-097721-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865701/000121390023097721/ea190538-8k_keyarchacq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-097721

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