secwatch.observer — SEC 8-K summary
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Issuer:     Sable Offshore Corp. (SOC)
CIK:        0001831481
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001564590-22-035919
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flame Acquisition Corp. issues $200K promissory note to sponsor for working capital
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- Issued $200,000 unsecured promissory note to Flame Acquisition Sponsor LLC on October 31, 2022.
- Note bears no interest; principal due upon completion of initial business combination.
- If no business combination, note is forgiven unless funds exist outside trust account.
- Proceeds used for IPO costs and ongoing working capital; drawdowns available up to $200K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831481/000156459022035919/0001564590-22-035919-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831481/000156459022035919/flme-8k_20221031.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-035919

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