---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-23-000215"
form_type: "8-K"
ticker: null
cik: "0001843248"
company_name: "Global System Dynamics, Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T14:20:50.873724+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# GSD gets $83,947 sponsor loan to extend business combination deadline to June 9

## Summary
- DarkPulse sponsor loaned $83,947 (~$0.0625/share) to GSD trust to extend BC deadline from May 9 to June 9.
- Note is non-interest bearing, repayable at earlier of business combination or liquidation.
- GSD entered business combination agreement with DarkPulse in Dec 2022; still subject to closing conditions.
- SEC review of proxy/prospectus and Nasdaq listing approval remain pending.
- CFO states Board approved extension to 'advance business combination efforts' and create shareholder value.

## SEC filing metadata
- accession: 0001663577-23-000215
- form_type: 8-K
- cik: 0001843248
- company_name: Global System Dynamics, Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000215/0001663577-23-000215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000215/gsd8k050523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-23-000215
- JSON: https://secwatch.observer/filing/0001663577-23-000215.json
- Plain text: https://secwatch.observer/filing/0001663577-23-000215.txt

## Key facts
- Debt Financings
  Global System Dynamics, Inc. incurred loan of $83,947 with DarkPulse, Inc. at no interest maturing upon the earlier of (i) the date on which the Company consummates its Initial Business Combination, and (ii) the date that the winding up of the Company is effe.
  - Instrument: loan
  - Principal: $83,947
  - Counterparty: DarkPulse, Inc.
  - Rate: no interest
  - Maturity: upon the earlier of (i) the date on which the Company consummates its Initial Business Combination, and (ii) the date that the winding up of the Company is effe
  - Event: incurrence
  source text: On May 5, 2023, Global System Dynamics, Inc., a Delaware corporation (" GSD " or the " Company "), issued a promissory note (the " Note ") in the aggregate principal amount of $83,947 to DarkPulse, Inc., a Delaware corporation, the sponsor of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000215/0001663577-23-000215-index.htm
- Material Agreements
  Global System Dynamics, Inc. entered into Note with DarkPulse, Inc. valued at $83,947 (effective 2023-05-05).
  - Action: entry
  - Counterparty: DarkPulse, Inc.
  - Value: $83,947
  - Effective: 2023-05-05
  source text: On May 5, 2023, Global System Dynamics, Inc., a Delaware corporation (“ GSD ” or the “ Company ”), issued a promissory note (the “ Note ”) in the aggregate principal amount of $83,947 to DarkPulse, Inc., a Delaware corporation, the sponsor of the Company (the “ Sponsor ”), in connection with the extension of the termination date for the Company’s initial business combination (the “ Initial Business Combination ”) from May 9, 2023 to June 9, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000215/0001663577-23-000215-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.