secwatch.observer — SEC 8-K summary
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Issuer:     Chain Bridge I (CBRRF)
CIK:        0001845149
Form:       8-K
Filed at:   2025-10-06T23:59:59+00:00
Accession:  0001213900-25-096583
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chain Bridge I issues $1.25M convertible promissory note to C/M Capital Master Fund LP
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- Issued unsecured, non-interest bearing promissory note for $1.25M principal; net proceeds of $1M.
- Note matures June 30, 2026; prepayable without penalty; ranks junior to certain existing debt.
- Proceeds used for fees/expenses related to initial business combination and for general corporate purposes.
- Lender may exchange note for new series of preferred shares, to be authorized by Nov 15, 2025.
- Note includes customary covenants and events of default, including failure to establish new preferred shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845149/000121390025096583/0001213900-25-096583-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845149/000121390025096583/ea0260440-8k_chain1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-096583

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