{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-23-008160","form_type":"8-K","ticker":null,"cik":"0001880441","company_name":"Battery Future Acquisition Corp.","filed_at":"2023-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.263582+00:00","generated_at":"2026-06-07T09:27:25.460587+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Battery Future Acquisition Corp. issues $150K convertible note to Pala Investments","bullets":["Issued $150,000 convertible promissory note to Pala Investments Limited.","Note bears 10% interest per annum; matures at business combination or liquidation.","Pala may convert outstanding amounts into warrants at $1.00 per warrant, identical to private placement warrants.","Proceeds used for working capital purposes.","If no business combination, note repaid only from funds outside trust account."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-23-008160","json":"https://secwatch.observer/filing/0001829126-23-008160.json","markdown":"https://secwatch.observer/filing/0001829126-23-008160.md","text":"https://secwatch.observer/filing/0001829126-23-008160.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1880441/000182912623008160/0001829126-23-008160-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1880441/000182912623008160/batteryfuture_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T09:27:25.460587+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"29b067ae7925aca5faa136eda8480732347f07de","claim":"Battery Future Acquisition Corp. incurred convertible notes of $150,000 with Pala Investments Limited at 10.00% per annum maturing the earlier of (i) the date of BFAC's liquidation and (ii) the date on which the business combination is consummated.","evidence_excerpt":"On December 20, 2023, Battery Future Acquisition Corp. (“BFAC”) issued an unsecured convertible promissory note in the aggregate principal amount of $150,000 (the “Note”) to Pala Investments Limited (“Pala”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1880441/000182912623008160/0001829126-23-008160-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$150,000"},{"label":"Counterparty","value":"Pala Investments Limited"},{"label":"Rate","value":"10.00% per annum"},{"label":"Maturity","value":"the earlier of (i) the date of BFAC's liquidation and (ii) the date on which the business combination is consummated"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"e031c80197b92b3de087485ae7918cea5b9712b8","claim":"Battery Future Acquisition Corp. entered into Note with Pala Investments Limited valued at principal amount of $150,000 (effective 2023-12-20).","evidence_excerpt":"On December 20, 2023, Battery Future Acquisition Corp. (“BFAC”) issued an unsecured convertible promissory note in the aggregate principal amount of $150,000 (the “Note”) to Pala Investments Limited (“Pala”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1880441/000182912623008160/0001829126-23-008160-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Pala Investments Limited"},{"label":"Value","value":"principal amount of $150,000"},{"label":"Effective","value":"2023-12-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}