Malacca Straits Acquisition Company Limited filed SEC Form 8-K: Creation of a Direct Financial Obligation, Financial Statements and Exhibits
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Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
Malacca Straits Acquisition Company Limited, a Cayman Islands exempted company (the “Company”), issued an unsecured promissory note (the “Note”), dated March 31, 2023, in the amount of up to $1,000,000 to Malacca Straits Management Company Limited. The proceeds of the Note will be used for costs in connection with the Company’s initial business combination (the “Business Combination”) and as general working capital.
The Note is non-interest bearing and payable (subject to the waiver against trust provisions) on the earlier of (i) the date on which the Business Combination is consummated and (ii) the date of the liquidation of the Company.
A copy of the Note is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The disclosures set forth in this Item 2.03 are intended to be summaries only and are qualified in their entirety by reference to the Note.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number | Description | |
10.1 | Promissory Note, dated March 31, 2023, issued by Malacca Straits Acquisition Company Limited to Malacca Straits Management Company Limited | |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MALACCA STRAITS ACQUISITION COMPANY LIMITED | ||
By: | /s/ Gordon Lo | |
Name: Gordon Lo | ||
Title:
Chief Executive Officer (Principal Executive Officer) | ||
Dated: March 31, 2023 |
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