PowerUp Acquisition Corp. Signs Material Definitive Agreement
Ticker: ASBPW · Form: 8-K · Filed: Oct 4, 2024 · CIK: 1847345
Sentiment: neutral
Topics: material-definitive-agreement, acquisition-corp, exhibits
Related Tickers: PWUP
TL;DR
PowerUp Acquisition Corp. signed a big deal on Oct 2nd, filing an 8-K with exhibits.
AI Summary
PowerUp Acquisition Corp. entered into a material definitive agreement on October 2, 2024. The filing also includes financial statements and exhibits related to this agreement. The company is incorporated in the Cayman Islands and its fiscal year ends on December 31st.
Why It Matters
This filing indicates a significant development for PowerUp Acquisition Corp., likely related to a business combination or acquisition, which could impact its stock value and future operations.
Risk Assessment
Risk Level: medium — Material definitive agreements can signal significant corporate actions like mergers or acquisitions, which carry inherent risks and potential volatility.
Key Players & Entities
- PowerUp Acquisition Corp. (company) — Registrant
- October 2, 2024 (date) — Date of earliest event reported
- Cayman Islands (location) — State of Incorporation
- 001-41293 (other) — SEC File Number
FAQ
What is the nature of the material definitive agreement entered into by PowerUp Acquisition Corp. on October 2, 2024?
The filing states that PowerUp Acquisition Corp. entered into a material definitive agreement on October 2, 2024, but the specific details of the agreement are not provided in this excerpt.
What are the key exhibits included in this 8-K filing?
The filing indicates that financial statements and exhibits are included, but the specific list of exhibits is not detailed in the provided text.
When is PowerUp Acquisition Corp.'s fiscal year end?
PowerUp Acquisition Corp.'s fiscal year ends on December 31st.
What is the SEC file number for PowerUp Acquisition Corp.?
The SEC file number for PowerUp Acquisition Corp. is 001-41293.
Where is PowerUp Acquisition Corp. incorporated?
PowerUp Acquisition Corp. is incorporated in the Cayman Islands.
Filing Stats: 781 words · 3 min read · ~3 pages · Grade level 11.6 · Accepted 2024-10-04 17:25:46
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
- $2,000,000 — Visiox Pharmaceuticals, Inc. ("Visiox") $2,000,000 via a convertible promissory note for t
- $1,000,000 — onsor a modified promissory note fee of $1,000,000 (the "Modified Promissory Note Fee") up
Filing Documents
- form8-k.htm (8-K) — 47KB
- ex2-1.htm (EX-2.1) — 29KB
- 0001493152-24-039574.txt ( ) — 310KB
- pwup-20241002.xsd (EX-101.SCH) — 4KB
- pwup-20241002_def.xml (EX-101.DEF) — 30KB
- pwup-20241002_lab.xml (EX-101.LAB) — 37KB
- pwup-20241002_pre.xml (EX-101.PRE) — 27KB
- 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: October 4, 2024