---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-025154"
form_type: "8-K"
ticker: null
cik: "0001820175"
company_name: "OCA Acquisition Corp."
filed_at: "2024-03-22T23:59:59+00:00"
generated_at: "2026-06-04T09:11:43.778445+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# OCA Acquisition draws $90K from sponsor note to extend business combination deadline to April 20, 2024

## Summary
- Board approved $90,000 draw under promissory note from sponsor OCA Acquisition Holdings LLC.
- Funds deposited into trust account March 20, 2024 extending deadline from March 20 to April 20, 2024.
- Second of eleven possible one-month extensions under amended certificate of incorporation.
- Note is non-interest bearing, matures at closing of initial business combination; converts to warrants at $1.00 per warrant upon closing of PSI deal.
- If no business combination, note repaid only from funds outside trust or forfeited.

## SEC filing metadata
- accession: 0001213900-24-025154
- form_type: 8-K
- cik: 0001820175
- company_name: OCA Acquisition Corp.
- filed_at: 2024-03-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820175/000121390024025154/0001213900-24-025154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820175/000121390024025154/ea0202352-8k425_ocaacq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-025154
- JSON: https://secwatch.observer/filing/0001213900-24-025154.json
- Plain text: https://secwatch.observer/filing/0001213900-24-025154.txt

## Key facts
- Debt Financings
  OCA Acquisition Corp. incurred loan of $90,000 with OCA Acquisition Holdings LLC at does not bear interest maturing upon closing of the Company’s initial business combination.
  - Instrument: loan
  - Principal: $90,000
  - Counterparty: OCA Acquisition Holdings LLC
  - Rate: does not bear interest
  - Maturity: upon closing of the Company’s initial business combination
  - Event: incurrence
  source text: On March 20, 2024, the board of directors of OCA Acquisition Corp., a Delaware corporation (the “ Company ”), approved a draw of an aggregate of $90,000 (the “ Extension Funds ”) pursuant to the Promissory Note (the “ Note ”), dated as of January 11, 2024, between the Company and OCA Acquisition Holdings LLC (the “ Sponsor ”), which Extension Funds the Company deposited into the Company’s trust account for its public stockholders on March 20, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820175/000121390024025154/0001213900-24-025154-index.htm

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