secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bannix Acquisition Corp. (—)
CIK:        0001845942
Form:       8-K
Filed at:   2023-04-14T23:59:59+00:00
Accession:  0001731122-23-000658
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845942/000173112223000658/0001731122-23-000658-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845942/000173112223000658/e4599_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-23-000658

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