PowerUp Acquisition Corp. Files 10-Q/A for Q1 2024
Ticker: ASBPW · Form: 10-Q/A · Filed: Oct 24, 2024 · CIK: 1847345
Sentiment: neutral
Topics: amendment, quarterly-report, sec-filing
TL;DR
**PowerUp Acquisition Corp. filed an amendment to its Q1 2024 10-Q. Check for updates.**
AI Summary
PowerUp Acquisition Corp. filed an amendment (10-Q/A) on October 24, 2024, for the quarterly period ended March 31, 2024. The company, previously named PowsedrUp Acquisition Corp., is involved in the Pharmaceutical Preparations industry (SIC 2834) and is headquartered in New York, NY.
Why It Matters
This filing provides updated financial information for PowerUp Acquisition Corp. for the first quarter of 2024, which is crucial for investors to assess the company's performance and financial health.
Risk Assessment
Risk Level: low — This is a routine amendment filing for a quarterly report, not indicating any immediate significant financial distress or major operational changes.
Key Numbers
- 20240331 — Quarter End Date (Indicates the period covered by the report.)
- 20241024 — Filing Date (Date the amendment was submitted to the SEC.)
Key Players & Entities
- PowerUp Acquisition Corp. (company) — Filer of the 10-Q/A
- PowsedrUp Acquisition Corp. (company) — Former name of the filer
- March 31, 2024 (date) — Quarterly period end date
- October 24, 2024 (date) — Filing date of the amendment
- 1200 Broadway, Floor 3, New York, NY 10038 (address) — Business and mailing address
FAQ
What is the purpose of this 10-Q/A filing?
This filing is an amendment (Amendment No. 1) to the quarterly report (10-Q) for the period ended March 31, 2024, indicating updates or corrections to the original filing.
What was PowerUp Acquisition Corp.'s former name?
PowerUp Acquisition Corp.'s former name was PowsedrUp Acquisition Corp., with a name change date of February 22, 2021.
What industry does PowerUp Acquisition Corp. operate in?
PowerUp Acquisition Corp. operates in the Pharmaceutical Preparations industry, with Standard Industrial Classification (SIC) code 2834.
Where is PowerUp Acquisition Corp. located?
The company's business and mailing address is 1200 Broadway, Floor 3, New York, NY 10038.
What is the SEC file number for PowerUp Acquisition Corp.?
The SEC file number for PowerUp Acquisition Corp. is 001-41293.
Filing Stats: 1,295 words · 5 min read · ~4 pages · Grade level 10 · Accepted 2024-10-24 17:18:37
Key Financial Figures
- $0.0001 — f one Class A ordinary share, par value $0.0001 per share, and one-half of one Redeemab
- $11.50 — able for one Class A Ordinary Share for $11.50 per share, included as part of the unit
Filing Documents
- form10-qa.htm (10-Q/A) — 76KB
- ex31-1.htm (EX-31.1) — 13KB
- ex31-2.htm (EX-31.2) — 13KB
- 0001493152-24-042407.txt ( ) — 369KB
- pwup-20240331.xsd (EX-101.SCH) — 4KB
- pwup-20240331_def.xml (EX-101.DEF) — 31KB
- pwup-20240331_lab.xml (EX-101.LAB) — 38KB
- pwup-20240331_pre.xml (EX-101.PRE) — 28KB
- form10-qa_htm.xml (XML) — 12KB
– OTHER INFORMATION
PART II – OTHER INFORMATION 1 Item 6. Exhibits 1
SIGNATURES
SIGNATURES 2 i Table of Contents PART II - OTHER INFORMATION ITEM 6. EXHIBITS The following exhibits are filed as part of, or incorporated by reference into, this Amendment No. 1 to Quarterly Report on Form 10-Q/A. Exhibit No. Description 10.1 Loan and Transfer Agreement, dated January 9, 2024, by and among PowerUp Acquisition Corp., SRIRAMA Associates, LLC, and Apogee Pharma Inc. (incorporated by reference from Exhibit 10.11 to the Form 10-K filed by PowerUp Acquisition Corp. on March 11, 2024). 10.2 Amendment No. 1 to Secured Convertible Promissory Note, dated January 18, 2024, by and between Visiox Pharmaceuticals, Inc. and SRIRAMA Associates, LLC (incorporated by reference from Exhibit 10.13 to the Form S-4 filed by PowerUp Acquisition Corp. on January 26, 2024). 10.3 Form of Subscription Agreement dated March 5, 2024, by and among PowerUp Acquisition Corp., SRIRAMA Associates, LLC, VKSS Capital, LLC, Visiox Pharmaceuticals, Inc., and Investor (incorporated by reference from Exhibit 10.12 to the Form 10-K filed by PowerUp Acquisition Corp. on March 11, 2024). 10.4 Form of Subscription Agreement dated May 9, 2024, by and among PowerUp Acquisition Corp., SRIRAMA Associates, LLC, VKSS Capital, LLC, and Investor (incorporated by reference from Exhibit 10.16 to Amendment No. 1 to the Form S-4 filed by PowerUp Acquisition Corp. on May 14, 2024). 10.5 Form of Non-Redemption Agreement (incorporated by reference from Exhibit 10.1 to the Form 8-K filed by PowerUp Acquisition Corp. on May 22, 2024). 31.1* Certification of Principal Executive Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 31.2* Certification of Principal Financial Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 32.1 Certification of Principal Executive Officer Pursu
SIGNATURES
SIGNATURES In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. POWERUP ACQUISITION CORP. Date: October 24, 2024 By: /s/ Surendra Ajjarapu Name: Surendra Ajjarapu Title: Chief Executive Officer (Principal Executive Officer) Date: October 24, 2024 By: /s/ Howard Doss Name: Howard Doss Title: Chief Financial Officer (Principal Financial and Accounting Officer) 2