Healthcare AI Acquisition Corp. Enters Material Agreement
Ticker: HAIAF · Form: 8-K · Filed: Aug 26, 2024 · CIK: 1848861
| Field | Detail |
|---|---|
| Company | Healthcare Ai Acquisition CORP. (HAIAF) |
| Form Type | 8-K |
| Filed Date | Aug 26, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50, $350,000, $10.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: HAIAC
TL;DR
HAIAC just signed a big deal and took on new financial obligations. Details TBD.
AI Summary
Healthcare AI Acquisition Corp. announced on August 26, 2024, that it entered into a material definitive agreement. The company also disclosed the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details regarding the agreement and financial obligations were not provided in this filing.
Why It Matters
This filing indicates a significant development for Healthcare AI Acquisition Corp., potentially involving a new financial commitment or partnership that could impact its future operations and strategic direction.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and financial obligations, which introduces uncertainty and potential risk until more details are disclosed.
Key Players & Entities
- Healthcare AI Acquisition Corp. (company) — Registrant
- August 26, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Healthcare AI Acquisition Corp.?
The filing does not specify the nature of the material definitive agreement, only that one has been entered into as of August 26, 2024.
What are the details of the direct financial obligation or off-balance sheet arrangement?
The filing states that a direct financial obligation or an obligation under an off-balance sheet arrangement has been created, but provides no specific details.
When was the material definitive agreement entered into?
The material definitive agreement was entered into on August 26, 2024.
What is the company's IRS Employer Identification Number?
The company's IRS Employer Identification Number is 98-1585450.
What is the company's business address?
The company's business address is 418 Broadway #6434, Albany, NY 12207.
Filing Stats: 676 words · 3 min read · ~2 pages · Grade level 10.9 · Accepted 2024-08-26 16:45:23
Key Financial Figures
- $0.0001 — LLC Class A Ordinary Share, par value $0.0001 per share HAIA The Nasdaq Stock Mar
- $11.50 — able for one Class A Ordinary Share for $11.50 per share HAIAW The Nasdaq Stock Ma
- $350,000 — ory note (the " Note ") in an amount of $350,000, to Leading Group Limited, a Cayman Isl
- $10.00 — share, at a share price of Ten Dollars ($10.00) per share. The foregoing description
Filing Documents
- haia_8k.htm (8-K) — 32KB
- haia_ex101.htm (EX-10.1) — 26KB
- 0001477932-24-005277.txt ( ) — 209KB
- haia-20240826.xsd (EX-101.SCH) — 6KB
- haia-20240826_lab.xml (EX-101.LAB) — 17KB
- haia-20240826_cal.xml (EX-101.CAL) — 1KB
- haia-20240826_pre.xml (EX-101.PRE) — 12KB
- haia-20240826_def.xml (EX-101.DEF) — 4KB
- haia_8k_htm.xml (XML) — 7KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. The disclosure contained in Item 2.03 is incorporated by reference in this Item 1.01 Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On August 23, 2024, Healthcare AI Acquisition Corp. (the " Company ") issued one unsecured promissory note (the " Note ") in an amount of $350,000, to Leading Group Limited, a Cayman Islands exempted company with limited liability (" LEADING "), for a loan to the Company from LEADING for working capital purposes. As previously reported on August 15, 2024, the Company entered into a business combination agreement with Leading Partners Limited, a Cayman Islands exempted company and LEADING for purposes of completing a business combination (" Business Combination "). The Note does not bear interest and matures upon closing of the Business Combination by the Company. In the event of a liquidation, all amounts due under the Note shall be repaid in cash. In the event of a Business Combination, the Note may be repaid, at LEADING's discretion, (i) in cash or (ii) converted into the Company's Class A ordinary shares, $0.0001 par value per share, at a share price of Ten Dollars ($10.00) per share. The foregoing description of the Note is qualified in its entirety by reference to the full text of the Note, a copy of which is filed with this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. EXHIBIT NO. DESCRIPTION 10.1 Promissory Note, dated August 23, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE 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. HEALTHCARE AI ACQUISITION CORP. Dated: August 26, 2024 By: /s/ Jiande Chen Name: Jiande Chen Title: Chief Executive Officer 3