PowerUp Acquisition Corp. Files 8-K for Material Agreement
Ticker: ASBPW · Form: 8-K · Filed: May 22, 2024 · CIK: 1847345
Sentiment: neutral
Topics: material-agreement, 8-k
Related Tickers: PWUPU
TL;DR
PowerUp Acquisition Corp. (PWUPU) filed an 8-K on 5/22, signaling a major deal is in the works.
AI Summary
PowerUp Acquisition Corp. filed an 8-K on May 22, 2024, to report the entry into a material definitive agreement. The filing also includes financial statements and exhibits. The company, formerly known as PowsedrUp Acquisition Corp., is incorporated in the Cayman Islands and its fiscal year ends on December 31.
Why It Matters
This filing indicates a significant development for PowerUp Acquisition Corp., potentially related to a merger, acquisition, or other material business transaction.
Risk Assessment
Risk Level: medium — 8-K filings reporting material definitive agreements can signal significant corporate events, but the specific nature and impact are not detailed in this summary.
Key Players & Entities
- PowerUp Acquisition Corp. (company) — Registrant
- PowsedrUp Acquisition Corp. (company) — Former company name
- May 22, 2024 (date) — Filing date
FAQ
What is the nature of the material definitive agreement entered into by PowerUp Acquisition Corp.?
The filing does not specify the details of the material definitive agreement, only that one has been entered into.
When was this 8-K filing submitted?
The 8-K filing was submitted on May 22, 2024.
What was PowerUp Acquisition Corp.'s former name?
PowerUp Acquisition Corp.'s former name was PowsedrUp Acquisition Corp.
In which state is PowerUp Acquisition Corp. incorporated?
PowerUp Acquisition Corp. is incorporated in the Cayman Islands.
What is the SIC code for PowerUp Acquisition Corp.?
The Standard Industrial Classification (SIC) code for PowerUp Acquisition Corp. is 2834, Pharmaceutical Preparations.
Filing Stats: 1,251 words · 5 min read · ~4 pages · Grade level 13.1 · Accepted 2024-05-22 08:43:28
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
- form8-k.htm (8-K) — 55KB
- ex10-1.htm (EX-10.1) — 154KB
- 0001493152-24-020970.txt ( ) — 456KB
- pwupu-20240522.xsd (EX-101.SCH) — 4KB
- pwupu-20240522_def.xml (EX-101.DEF) — 27KB
- pwupu-20240522_lab.xml (EX-101.LAB) — 37KB
- pwupu-20240522_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 7KB
SIGNATURES
SIGNATURES 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. POWERUP ACQUISITION CORP. By: /s/ Surendra Ajjarapu Surendra Ajjarapu Chief Executive Officer Date: May 22, 2024