secwatch.observer — SEC 8-K summary
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Issuer:     Black Hawk Acquisition Corp (BKHA)
CIK:        0002000775
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001829126-26-004870
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Black Hawk Acquisition issues up to $300K convertible note to sponsor at 10% interest
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- Principal amount up to $300,000; interest accrues at 10% per annum from April 20, 2026.
- Note due and payable upon closing of a business combination (DeSPAC) or liquidation of the company.
- Sponsor may convert unpaid principal into ordinary shares at $1.00 per share upon DeSPAC.
- Proceeds used for working capital expenses; note is unsecured and sponsor waives trust account claims.
- Holder entitled to registration rights for conversion shares post-DeSPAC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2000775/000182912626004870/0001829126-26-004870-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2000775/000182912626004870/blackhawkacq_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-004870

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