secwatch.observer — SEC 8-K summary
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Issuer:     Black Hawk Acquisition Corp (BKHA)
CIK:        0002000775
Form:       8-K
Filed at:   2026-09-24T20:15:25+00:00
Accession:  0001829126-26-010385
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Black Hawk Acquisition signs forward purchase, non-redemption, $200M SEPA with Meteora for Vesicor deal
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- Forward Purchase Agreement with Meteora covers up to 1,350,000 shares; prepayment equals share count times redemption price.
- Non-Redemption Agreement: Meteora to hold up to 2,124,077 shares; paid final redemption price less $0.75 per share at closing.
- SEPA lets PubCo sell up to $200M of common stock to Meteora over 36 months; commitment fee 0.50% of max.
- Registration Rights Agreement requires resale registration covering ≥10M shares or 300% of convertible note shares by 60 days post-close.
- Convertible promissory notes: 12-month maturity, 0% interest (18% on default), 7% payment premium, conversion at 95% of 5-day VWAP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2000775/000182912626010385/0001829126-26-010385-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2000775/000182912626010385/blackhawkacq_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-010385

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