---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-23-000327"
form_type: "8-K"
ticker: null
cik: "0001843248"
company_name: "Global System Dynamics, Inc."
filed_at: "2023-07-07T23:59:59+00:00"
generated_at: "2026-06-13T11:14:49.326988+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Global System Dynamics sponsor loans $83,947 to extend SPAC deadline to August 9, 2023

## Summary
- DarkPulse, Inc. provided $83,947 promissory note to GSD to extend business combination termination date from July 9 to August 9, 2023.
- Loan is non-interest bearing; repayable upon earlier of business combination or liquidation.
- Deposit adds $0.0625 per public share to trust account for benefit of public stockholders.
- GSD still pursuing business combination with DarkPulse, subject to SEC review, stockholder approval, and Nasdaq listing.

## SEC filing metadata
- accession: 0001663577-23-000327
- form_type: 8-K
- cik: 0001843248
- company_name: Global System Dynamics, Inc.
- filed_at: 2023-07-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000327/0001663577-23-000327-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000327/gsd8k_070723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-23-000327
- JSON: https://secwatch.observer/filing/0001663577-23-000327.json
- Plain text: https://secwatch.observer/filing/0001663577-23-000327.txt

## Key facts
- Debt Financings
  Global System Dynamics, Inc. incurred loan of $83,947 with DarkPulse, Inc. at bears no interest maturing 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 t.
  - Instrument: loan
  - Principal: $83,947
  - Counterparty: DarkPulse, Inc.
  - Rate: bears no interest
  - Maturity: 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 t
  - Event: incurrence
  source text: On July 7, 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 July 9, 2023 to August 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/1843248/000166357723000327/0001663577-23-000327-index.htm
- Material Agreements
  Global System Dynamics, Inc. entered into Promissory Note with DarkPulse, Inc. valued at $83,947 (effective 2023-07-07).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: DarkPulse, Inc.
  - Value: $83,947
  - Effective: 2023-07-07
  source text: On July 7, 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 July 9, 2023 to August 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. The issuance of the Note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended. The foregoing description is qualified in its entirety
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843248/000166357723000327/0001663577-23-000327-index.htm

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