secwatch.observer — SEC 8-K summary
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Issuer:     CDT Equity Inc. (CDT)
CIK:        0001896212
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0001493152-23-006939
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPAC Murphy Canyon extends deadline to Feb 2024 via $1.5M sponsor note
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- Promissory note of up to $1,500,000 from Murphy Canyon Acquisition Sponsor, LLC.
- Initial draw of $300,000; no interest; repayable upon business combination or winding up.
- Extends termination date from Feb 7, 2023 to Feb 7, 2024 on month-to-month basis.
- Proceeds to fund trust account and operating expenses; trust account waiver included.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1896212/000149315223006939/0001493152-23-006939-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1896212/000149315223006939/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-006939

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer