Osiris Acquisition Corp. 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 or a Registrant. |
On July 13, 2023, Osiris Acquisition Corp. (the “Company”) effected a drawdown of $500,000 under the unsecured promissory note (the “Promissory Note”), as amended by Amendment No. 1 to Promissory Note, dated April 24, 2023 ( “Amendment No. 1”), in the principal amount up to $3,000,000 to Osiris Sponsor LLC, a Delaware limited liability company (the “Sponsor”), pursuant to which the Sponsor agreed to loan to the Company up to $3,000,000. The aggregate principal amount outstanding under the Promissory Note is now $3,000,000. The Promissory Note bears interest at a rate of 0.96% per annum and is payable on the earlier of an initial business combination or the liquidation of the Company.
The foregoing description of the Promissory Note is qualified in its entirety by reference to the full text of the Promissory Note, which was filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2022 filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 16, 2022, and Amendment No. 1, which was filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 24, 2023.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits. The following exhibits are filed with this Form 8-K:
| Exhibit No. |
Description of Exhibits | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| OSIRIS ACQUISITION CORP. | |||
| Date: July 13, 2023 | |||
| By: | /s/ Benjamin E. Black | ||
| Name: | Benjamin E. Black | ||
| Title: | Chief Executive Officer | ||