secwatch.observer — SEC 8-K summary
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Issuer:     LAMF Global Ventures Corp. I (—)
CIK:        0001879297
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0001213900-24-009314
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LAMF Global Ventures Corp. I enters $1.2M working capital promissory note with sponsor
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- Promissory note allows borrowings up to $1.2 million from sponsor LAMF SPAC Holdings I LLC for ongoing business combination expenses.
- Unsecured, bears no interest, repayable upon earliest of business combination closing or liquidation.
- Sponsor may convert unpaid principal into units at $10.00 per unit, identical to private placement units from IPO.
- Note includes trust account waiver, standard default provisions, and registration rights for converted securities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879297/000121390024009314/0001213900-24-009314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879297/000121390024009314/ea192696-8k_lamfglo1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-009314

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