DIH HOLDING US, INC.: debt financing — Aurora Technology Acquisition Corp. issues $50,000 unsecured promissory note to sponsor for working capital

DIH HOLDING US, INC.

Issued $50,000 unsecured promissory note to ATAC Sponsor LLC on Nov 17, 2023 for working capital.
Note bears no interest, matures upon earlier of deSPAC closing or liquidation.
Sponsor waives claim against trust account except for remaining funds after redemptions.
Exempt from registration under Section 4(a)(2) of Securities Act.

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 $50,000.00 with the Sponsor at does not bear interest maturing upon the earlier of (i) two (2) days following the date on which the Company's initial business combination is consummated and (ii) the date of the liquidation.

Instrument: loan
Principal: $50,000.00
Counterparty: the Sponsor
Rate: does not bear interest
Maturity: upon the earlier of (i) two (2) days following the date on which the Company's initial business combination is consummated and (ii) the date of the liquidation
Event: incurrence

Exact text from the filing

On November 17, 2023, the Company issued an unsecured promissory note (the "November Working Capital Note") in the amount of $50,000.00 to the Sponsor

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Source: SEC EDGAR

accession 0001493152-23-041909

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