{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-034499","form_type":"8-K","ticker":null,"cik":"0001878074","company_name":"Blue World Acquisition Corp","filed_at":"2024-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.056657+00:00","generated_at":"2026-06-03T16:50:43.855421+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Blue World Acquisition issues $320K promissory note to sponsor for working capital","bullets":["Unsecured promissory note of up to $320,000 issued to sponsor Blue World Holdings Limited.","Note bears no interest; principal due upon consummation of a business combination or expiry of the company.","Sponsor may convert outstanding principal into private units at $10.00 per unit before closing of a business combination.","Proceeds used for general working capital; draws available until business combination.","Note is unregistered and issued under Section 4(a)(2) exemption; conversion units subject to registration rights."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-034499","json":"https://secwatch.observer/filing/0001213900-24-034499.json","markdown":"https://secwatch.observer/filing/0001213900-24-034499.md","text":"https://secwatch.observer/filing/0001213900-24-034499.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1878074/000121390024034499/0001213900-24-034499-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1878074/000121390024034499/ea0204256-8k_blueworld.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T16:50:43.855421+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b138758a9837e50d79651c38e714ecda091f88bc","claim":"Blue World Acquisition Corp incurred loan of up to $320,000 with Blue World Holdings Limited at no interest maturing upon the consummation of BWAQ's business combination.","evidence_excerpt":"On April 19, 2024, Blue World Acquisition Corporation (“ BWAQ ”) issued an unsecured promissory note (the “ Note ”) in the principal amount of up to $320,000 to Blue World Holdings Limited, the sponsor of the Company (the “ Sponsor ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1878074/000121390024034499/0001213900-24-034499-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to $320,000"},{"label":"Counterparty","value":"Blue World Holdings Limited"},{"label":"Rate","value":"no interest"},{"label":"Maturity","value":"upon the consummation of BWAQ's business combination"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}