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AI brief of an SEC Form 8-K · Oceanhawk Acquisition Corp. (OHAC)

Oceanhawk Acquisition issues $1.55 million non-interest promissory note to sponsor

Neutral Impact 2 of 5 financing Written later

Oceanhawk Acquisition Corp., a special purpose acquisition company, issued an unsecured promissory note of $1,550,000 to its sponsor, Oceanhawk Acquisition I Sponsor, LLC, on September 30, 2026. The note bears no interest and is repayable only upon completion of the company's initial business combination, or from funds outside the trust account if no combination is completed. The filing shows additional borrowing from the sponsor that increases the company's obligations ahead of any deal.

Key points

  • Principal amount of the unsecured promissory note: $1,550,000, dated September 30, 2026
  • Note does not bear interest and is repayable in full upon consummation of the initial business combination
  • If no business combination is completed, repayment comes from funds outside the trust account
  • Note issued under the Section 4(a)(2) private placement exemption; Ernest Miller, CEO, signed the report on October 6, 2026

The filing

CompanyOceanhawk Acquisition Corp. (OHAC)
Form8-K, current report
Filed with the SECOct 6, 2026, 4:42 PM ET
Accession number0001193125-26-415679

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.