{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-031660","form_type":"8-K","ticker":null,"cik":"0001886268","company_name":"SHUAA Partners Acquisition Corp I","filed_at":"2023-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.996205+00:00","generated_at":"2026-06-11T00:13:26.767689+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"SHUAA Partners extends business combination deadline to Oct 4, 2023; secures $1M working capital note from sponsor","bullets":["Sponsor deposited $70,000 into trust for one-month extension of deadline from Sep 4 to Oct 4, 2023.","Board approved extension; company can extend monthly up to June 4, 2024.","Issued up to $1M non-interest bearing promissory note to sponsor for working capital; due upon business combination or forgiven if no deal.","Note is unsecured and repayable only from funds outside trust; sponsor waives claim to trust.","Extension and note are standard for SPAC; no assurance of completing a business combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-031660","json":"https://secwatch.observer/filing/0001493152-23-031660.json","markdown":"https://secwatch.observer/filing/0001493152-23-031660.md","text":"https://secwatch.observer/filing/0001493152-23-031660.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1886268/000149315223031660/0001493152-23-031660-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1886268/000149315223031660/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T00:13:26.767689+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":"45c3db8b0ea1c7db9be820cea32d50f7ef507a7b","claim":"SHUAA Partners Acquisition Corp I incurred loan of up to $1,000,000 with SHUAA SPAC Sponsor I LLC at bears no interest maturing upon the date on which the Company's initial business combination is consummated.","evidence_excerpt":"On August 31, 2023, SHUAA Partners Acquisition Corp I (the \" Company \") issued a promissory note (the \" Working Capital Note \") in the principal amount of up to $1,000,000 to SHUAA SPAC Sponsor I LLC (the \" Sponsor \") to fund the Company's ongoing working capital needs. The Working Capital Note bears no interest and is due and payable upon the date on which the Company's initial business combination is consummated.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1886268/000149315223031660/0001493152-23-031660-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to $1,000,000"},{"label":"Counterparty","value":"SHUAA SPAC Sponsor I LLC"},{"label":"Rate","value":"bears no interest"},{"label":"Maturity","value":"upon the date on which the Company's initial business combination is consummated"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"350d72b79bc80a5d97847e7d4c37b79939a17724","claim":"SHUAA Partners Acquisition Corp I entered into Working Capital Note with SHUAA SPAC Sponsor I LLC valued at principal amount of up to $1,000,000 (effective 2023-08-31).","evidence_excerpt":"On August 31, 2023, SHUAA Partners Acquisition Corp I (the “ Company ”) issued a promissory note (the “ Working Capital Note ”) in the principal amount of up to $1,000,000 to SHUAA SPAC Sponsor I LLC (the “ Sponsor ”) to fund the Company’s ongoing working capital needs.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1886268/000149315223031660/0001493152-23-031660-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"SHUAA SPAC Sponsor I LLC"},{"label":"Value","value":"principal amount of up to $1,000,000"},{"label":"Effective","value":"2023-08-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}