---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-098203"
form_type: "8-K"
ticker: null
cik: "0001874218"
company_name: "Revelstone Capital Acquisition Corp."
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T08:21:22.464253+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Revelstone Capital issues $100K promissory note to sponsor La Jolla Group for working capital

## Summary
- Issued $100,000 unsecured promissory note to La Jolla Group (Sponsor) on December 18, 2023.
- Note bears no interest and matures upon earlier of a business combination or December 21, 2023.
- Proceeds used for working capital; note is non-convertible and unregistered.
- Payee waives any claim against the $36.4M trust account established for public stockholders.
- Note is standard SPAC working capital support; principal due promptly at maturity or business combination.

## SEC filing metadata
- accession: 0001213900-23-098203
- form_type: 8-K
- cik: 0001874218
- company_name: Revelstone Capital Acquisition Corp.
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874218/000121390023098203/0001213900-23-098203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874218/000121390023098203/ea190590-8k_revelstone.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-098203
- JSON: https://secwatch.observer/filing/0001213900-23-098203.json
- Plain text: https://secwatch.observer/filing/0001213900-23-098203.txt

## Key facts
- Debt Financings
  Revelstone Capital Acquisition Corp. incurred loan of $100,000 with La Jolla Group at does not bear interest maturing upon closing of a business combination by the Company.
  - Instrument: loan
  - Principal: $100,000
  - Counterparty: La Jolla Group
  - Rate: does not bear interest
  - Maturity: upon closing of a business combination by the Company
  - Event: incurrence
  source text: On December 18, 2023, Revelstone Capital Acquisition Corp. (the “ Company ”) issued one unsecured promissory note (the “ Note ”) in an amount of $100,000, to La Jolla Group (“ Sponsor ”), for working capital. The Note does not bear interest and matures upon closing of a business combination by the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874218/000121390023098203/0001213900-23-098203-index.htm

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