secwatch.observer — SEC 8-K summary
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Issuer:     Revelstone Capital Acquisition Corp. (—)
CIK:        0001874218
Form:       8-K
Filed at:   2023-12-22T23:59:59+00:00
Accession:  0001213900-23-098203
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874218/000121390023098203/0001213900-23-098203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874218/000121390023098203/ea190590-8k_revelstone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-098203

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