{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-050783","form_type":"8-K","ticker":"CPTKW","cik":"0001827899","company_name":"Crown PropTech Acquisitions","filed_at":"2025-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.975023+00:00","generated_at":"2026-05-20T01:51:01.318331+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Mkango subsidiary gets $750K convertible notes from CPTK sponsors to fund SPAC merger and Nasdaq listing","bullets":["Lancaster (Mkango subsidiary) signs NPA for $500K BCA Note (escrowed) and $250K Form F-4 Note from CPTK sponsors.","Escrowed $500K released upon execution of definitive BCA and TSX-V approval; $250K note issued after Form F-4 filing.","Notes bear 12% interest (9% PIK, 3% cash); at merger, principal+interest convert at 2x shares of Lancaster valuation.","Merger would combine Songwe Hill rare earths project and Pulawy separation plant; HyProMag recycling excluded from deal.","Funds provide working capital for Lancaster to complete merger and achieve standalone NASDAQ listing."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-050783","json":"https://secwatch.observer/filing/0001213900-25-050783.json","markdown":"https://secwatch.observer/filing/0001213900-25-050783.md","text":"https://secwatch.observer/filing/0001213900-25-050783.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1827899/000121390025050783/0001213900-25-050783-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1827899/000121390025050783/ea0244442-8k425_crown.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T01:51:01.318331+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}