DIH HOLDING US, INC.: debt financing — Aurora Technology extends business combination deadline to Sept 9, 2023 via $135K trust deposit

DIH HOLDING US, INC.

Sponsor ATAC LLC deposited $135,000 into trust to extend deadline one month from Aug 9 to Sep 9, 2023.
Company issued unsecured $810,000 promissory note to sponsor for up to six monthly extension payments.
Extension note is non-interest bearing, repayable upon business combination or liquidation.
Stockholders have no redemption or voting rights in connection with this extension.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

DIH HOLDING US, INC. incurred loan of $810,000 with ATAC Sponsor LLC at bears no interest maturing upon the earlier of (a) the date of the consummation of the Company’s initial business combination, or (b) the date of the Company’s liquidation.

Instrument: loan
Principal: $810,000
Counterparty: ATAC Sponsor LLC
Rate: bears no interest
Maturity: upon the earlier of (a) the date of the consummation of the Company’s initial business combination, or (b) the date of the Company’s liquidation
Event: incurrence

Exact text from the filing

On July 31, 2023, the Company issued an unsecured promissory note to ATAC Sponsor LLC, sponsor of the Company (the “Sponsor”), with a principal amount equal to $810,000 (the “Extension Note”). The Extension Note bears no interest and is repayable in full (subject to amendment or waiver) upon the earlier of (a) the date of the consummation of the Company’s initial business combination, or (b) the date of the Company’s liquidation.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DIH HOLDING US, INC. entered into Extension Note with ATAC Sponsor LLC valued at $810,000 (effective 2023-07-31).

Action: entry
Agreement: notes offering
Counterparty: ATAC Sponsor LLC
Value: $810,000
Effective: 2023-07-31

Exact text from the filing

on July 31, 2023, the Company issued an unsecured promissory note to ATAC Sponsor LLC, sponsor of the Company (the “Sponsor”), with a principal amount equal to $810,000 (the “Extension Note”).

View on SEC.gov

Browse all debt financings →

Source: SEC EDGAR

accession 0001493152-23-026525

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.