---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-23-000658"
form_type: "8-K"
ticker: null
cik: "0001845942"
company_name: "Bannix Acquisition Corp."
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T02:09:11.037226+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Bannix Acquisition Corp. extends deadline to May 14, 2023 with $75K sponsor note

## Summary
- Board approved one-month extension to May 14, 2023; sponsor Instant Fame LLC funds $75,000 note.
- Extension note is unsecured, non-interest bearing, repayable upon business combination or liquidation.
- Company may extend monthly up to 12 times until March 14, 2024, without further stockholder vote.
- Issued $75,000 unsecured promissory note to sponsor on April 13, 2023, for the extension.

## SEC filing metadata
- accession: 0001731122-23-000658
- form_type: 8-K
- cik: 0001845942
- company_name: Bannix Acquisition Corp.
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1845942/000173112223000658/0001731122-23-000658-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1845942/000173112223000658/e4599_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-23-000658
- JSON: https://secwatch.observer/filing/0001731122-23-000658.json
- Plain text: https://secwatch.observer/filing/0001731122-23-000658.txt

## Key facts
- Debt Financings
  Bannix Acquisition Corp. incurred loan of $75,000 with Sponsor at no interest maturing upon the earlier of (a) the date of the consummation of Bannix’s initial business combination, or (b) the date of Bannix’s liquidation.
  - Instrument: loan
  - Principal: $75,000
  - Counterparty: Sponsor
  - Rate: no interest
  - Maturity: upon the earlier of (a) the date of the consummation of Bannix’s initial business combination, or (b) the date of Bannix’s liquidation
  - Event: incurrence
  source text: On April 13, 2023, Bannix issued an unsecured promissory note to the Sponsor with a principal amount equal to $75,000 (the “Extension Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1845942/000173112223000658/0001731122-23-000658-index.htm
- Material Agreements
  Bannix Acquisition Corp. entered into Extension Note with Instant Fame, LLC valued at $75,000 (effective 2023-04-13).
  - Action: entry
  - Counterparty: Instant Fame, LLC
  - Value: $75,000
  - Effective: 2023-04-13
  source text: on April 13, 2023, Bannix issued an unsecured promissory note to the Sponsor with a principal amount equal to $75,000 (the “Extension Note”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1845942/000173112223000658/0001731122-23-000658-index.htm

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