secwatch / observer
8-K filed February 20, 2024, 6:59 PM ET ticker ACQC CIK 0001860484
other material confidence high sentiment neutral materiality 0.50

Relativity Acquisition Corp (ACQC): debt financing — Relativity Acquisition Corp. extends deadline to Feb 2025; 90k shares redeemed from trust

Relativity Acquisition Corp

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Relativity Acquisition Corp incurred debt of aggregate principal amount of up to $42,497.95 with SVES LLC at no interest maturing consummation of the Company's initial business combination.

Principal
aggregate principal amount of up to $42,497.95
Counterparty
SVES LLC
Rate
no interest
Maturity
consummation of the Company's initial business combination
Event
incurrence
Exact text from the filing
Company has to consummate an initial business combination. The borrowing was made under the terms of a promissory note (the “ Note ”) in the aggregate principal amount of up to $42,497.95, pursuant to which SVES agreed to loan the Company up to $42,497.95 in connection with the Company extending the date by which it must consummate its initial business combination
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

Relativity Acquisition Corp: Stockholders approved an amendment to the second amended and restated certificate of incorporation to extend the deadline for consummating an initial business combination from February 15, 2024 to February 15, 2025 (effective 2024-02-13).

Change
charter amendment
Effective
2024-02-13
Exact text from the filing
On February 13, 2024, the Company held a special meeting of stockholders (the “ Meeting ”). At the Meeting, the Company’s stockholders approved a second amendment to the Company’s second amended and restated certificate of incorporation (the “Charter Amendment ”) to extend the date by which the Company must consummate its initial business combination from February 15, 2024 to February15, 2025 or such earlier date as determined by the Company’s board of directors (the “ Board ”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Relativity Acquisition Corp entered into Note with SVES LLC valued at up to $42,497.95 (effective 2024-02-13).

Action
entry
Agreement
credit facility
Counterparty
SVES LLC
Value
up to $42,497.95
Effective
2024-02-13
Exact text from the filing
On February 13, 2024, Relativity Acquisition Corp. (the “ Company ”) borrowed $3,541.50 from SVES LLC (“ SVES ”), which amount was deposited into the Company’s Trust Account on that day in connection with an extension of the date by which the Company has to consummate an initial business combination. The borrowing was made under the terms of a promissory note (the “ Note ”) in the aggregate principal amount of up to $42,497.95
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

Relativity Acquisition Corp shareholders approved Trust Amendment Proposal.

Outcome
passed
Exact text from the filing
the Company’s stockholders approved the Trust Amendment Proposal to amend its Trust Agreement, permitting the Trustee to invest funds in an interest-bearing demand deposit account.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

Relativity Acquisition Corp shareholders approved Extension Amendment Proposal at the 2024-02-15 meeting.

Outcome
passed
Meeting
2024-02-15
Exact text from the filing
the Company’s stockholders approved the Charter Amendment extending the date by which the Company has to consummate an initial business combination from February 15, 2024 to February 15, 2025 (or such earlier date as determined by the Board).
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

Relativity Acquisition Corp filing history →

Source: SEC EDGAR
accession 0001213900-24-015324
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.