secwatch.observer — SEC 8-K summary
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Issuer:     Black Hawk Acquisition Corp (BKHA)
CIK:        0002000775
Form:       8-K
Filed at:   2026-08-26T17:42:52+00:00
Accession:  0001829126-26-009347
Event type: debt
Sentiment:  neutral
Materiality: 0.50
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 for working capital
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- Note dated Aug 21, 2026, up to $300,000 from Black Hawk Management LLC (sponsor) for working capital and extension fees.
- 10% annual interest from July 8, 2026, for one year; due at DeSPAC closing or liquidation.
- Sponsor may convert principal into shares at $1.00/share (approx 1/10 of IPO price) upon DeSPAC; cash repayment in liquidation.
- Sponsor waives claims against trust account; note unsecured, issued under Section 4(a)(2) exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2000775/000182912626009347/0001829126-26-009347-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2000775/000182912626009347/blackhawkacq_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-009347

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