---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-23-000302"
form_type: "8-K"
ticker: null
cik: "0001843248"
company_name: "Global System Dynamics, Inc."
filed_at: "2023-06-09T23:59:59+00:00"
generated_at: "2026-06-14T04:14:56.142629+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Global System Dynamics extends BC deadline to July 9 via $83,947 sponsor loan

## Summary
- Sponsor DarkPulse loaned $83,947 (non-interest bearing) to extend business combination deadline from June 9 to July 9, 2023.
- Funds deposited into trust account increase pro rata amount by $0.0625 per public share.
- Loan repayment due upon earlier of BC consummation or liquidation.
- Company had previously entered into a business combination agreement with DarkPulse in December 2022.

## SEC filing metadata
- accession: 0001663577-23-000302
- form_type: 8-K
- cik: 0001843248
- company_name: Global System Dynamics, Inc.
- filed_at: 2023-06-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000302/0001663577-23-000302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000302/gsd8k060723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-23-000302
- JSON: https://secwatch.observer/filing/0001663577-23-000302.json
- Plain text: https://secwatch.observer/filing/0001663577-23-000302.txt

## Key facts
- Debt Financings
  Global System Dynamics, Inc. incurred loan of $83,947 with DarkPulse, Inc. at bears 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: bears 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 June 9, 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 June 9, 2023 to July 9, 2023. Pursuant to the Note, the Sponsor has agreed to loan to the Company $83,947 to deposit into the Company’s trust account. The Note bears no interest and is repayable in full 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 effective.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000302/0001663577-23-000302-index.htm
- Material Agreements
  Global System Dynamics, Inc. entered into Promissory Note with DarkPulse, Inc. valued at aggregate principal amount of $83,947 (effective 2023-06-09).
  - Action: entry
  - Counterparty: DarkPulse, Inc.
  - Value: aggregate principal amount of $83,947
  - Effective: 2023-06-09
  source text: On June 9, 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 June 9, 2023 to July 9, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000302/0001663577-23-000302-index.htm

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