DIH HOLDING US, INC.: debt financing — Aurora Technology extends business combination deadline to Jan 9, 2024 with $135K sponsor deposit

DIH HOLDING US, INC.

Sponsor deposited $135,000 into trust account to extend deadline from December 9, 2023 to January 9, 2024.
Deposit drawn under $810,000 promissory note issued July 31, 2023, for extension payments.
Note bears no interest; repayable upon business combination or liquidation.
Stockholders not entitled to vote or redeem shares in connection with this extension.
This is the sixth one-month extension available under previously approved amendments.

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 debt of $135,000 with ATAC Sponsor LLC at no interest maturing 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.

Principal: $135,000
Counterparty: ATAC Sponsor LLC
Rate: no interest
Maturity: 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

onnection with the Extensions, 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

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

DIH HOLDING US, INC. entered into Extension Note with ATAC Sponsor LLC valued at Principal amount $810,000, no interest, repayable upon business combination or liquidation (effective 2023-07-31).

Action: entry
Counterparty: ATAC Sponsor LLC
Value: Principal amount $810,000, no interest, repayable upon business combination or liquidation
Effective: 2023-07-31

Exact text from the filing

In connection with the Extensions, 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 0001493152-23-043891

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.