---
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"
generated_at: "2026-06-07T09:27:25.460587+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Battery Future Acquisition Corp. issues $150K convertible note to Pala Investments

## Summary
- 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.

## SEC filing metadata
- accession: 0001829126-23-008160
- form_type: 8-K
- cik: 0001880441
- company_name: Battery Future Acquisition Corp.
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-008160
- JSON: https://secwatch.observer/filing/0001829126-23-008160.json
- Plain text: https://secwatch.observer/filing/0001829126-23-008160.txt

## Key facts
- Debt Financings
  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.
  - Instrument: convertible notes
  - Principal: $150,000
  - Counterparty: Pala Investments Limited
  - Rate: 10.00% per annum
  - Maturity: the earlier of (i) the date of BFAC's liquidation and (ii) the date on which the business combination is consummated
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1880441/000182912623008160/0001829126-23-008160-index.htm
- Material Agreements
  Battery Future Acquisition Corp. entered into Note with Pala Investments Limited valued at principal amount of $150,000 (effective 2023-12-20).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Pala Investments Limited
  - Value: principal amount of $150,000
  - Effective: 2023-12-20
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1880441/000182912623008160/0001829126-23-008160-index.htm

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