Slam Corp. Files 8-K on Financial Obligation
Ticker: SLAMF · Form: 8-K · Filed: Dec 30, 2024 · CIK: 1838162
Sentiment: neutral
Topics: financial-obligation, 8-K
TL;DR
Slam Corp. just filed an 8-K for a new financial obligation. Keep an eye on their balance sheet.
AI Summary
On December 27, 2024, Slam Corp. filed an 8-K report detailing the creation of a direct financial obligation. The filing indicates the company's fiscal year ends on December 31st and provides its business address as 500 Fifth Avenue, New York, NY 10110.
Why It Matters
This filing signals a new financial commitment or debt for Slam Corp., which could impact its financial health and future investment strategies.
Risk Assessment
Risk Level: medium — The creation of a direct financial obligation can introduce new risks related to debt repayment and financial stability.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
Key Players & Entities
- Slam Corp. (company) — Registrant
- December 27, 2024 (date) — Earliest event reported
- 500 Fifth Avenue, New York, NY 10110 (address) — Business Address
- 001-40094 (identifier) — SEC File Number
FAQ
What is the nature of the direct financial obligation reported by Slam Corp.?
The filing does not specify the exact nature of the financial obligation, only that one has been created.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on December 27, 2024.
What is Slam Corp.'s primary business address?
Slam Corp.'s business address is 500 Fifth Avenue, New York, NY 10110.
What is Slam Corp.'s SEC file number?
Slam Corp.'s SEC file number is 001-40094.
When does Slam Corp.'s fiscal year end?
Slam Corp.'s fiscal year ends on December 31st.
Filing Stats: 2,567 words · 10 min read · ~9 pages · Grade level 19.5 · Accepted 2024-12-30 16:05:30
Key Financial Figures
- $0.0001 — nsisting of one Class A Ordinary Share, $0.0001 par value, and one-fourth of one redeem
- $11.50 — Ordinary Share at an exercise price of $11.50 SLMWF OTCQX Best Market Indicate
- $100,000 — of the date of the Extension Meeting, US$100,000, to be deposited into the trust account
- $0.05 — t the lesser of (a) US$100,000 or (b) US$0.05 for each Public Share that is not redee
- $300,000 — der Meeting for an aggregate of up to US$300,000 if all three Additional Articles Extens
- $600,000 — n the total principal amount of up to US$600,000 (the " Promissory Note ") to the Lender
- $0.00001 — res of common stock of Topco, par value $0.00001 per share, to be issued in connection w
Filing Documents
- ea0226159-8k425_slam.htm (8-K) — 48KB
- ea022615901ex10-1_slam.htm (EX-10.1) — 27KB
- 0001213900-24-113477.txt ( ) — 311KB
- slmwf-20241227.xsd (EX-101.SCH) — 4KB
- slmwf-20241227_def.xml (EX-101.DEF) — 27KB
- slmwf-20241227_lab.xml (EX-101.LAB) — 37KB
- slmwf-20241227_pre.xml (EX-101.PRE) — 25KB
- ea0226159-8k425_slam_htm.xml (XML) — 7KB
Forward Looking Statements
Forward Looking Statements Certain
Forward-looking statements may generally be identified by the use of words such as "estimate," "projects," "expects,"
Forward-looking statements may generally be identified by the use of words such as "estimate," "projects," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "would," "should," "future," "propose," "potential," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the financial position, business strategy and the plans and objectives of management for future operations including as they relate to the Business Combination and related transactions, including the anticipated financing, pricing and market opportunity, the satisfaction of closing conditions to the Business Combination and related transactions, the level of redemptions by Slam's public shareholders and the timing of the completion of the Business Combination, including the anticipated closing date of the Business Combination and the use of the cash proceeds therefrom. These statements are based on various assumptions, whether or not identified in this Report, and on the current expectations of Slam's, Topco's and Lynk's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the control of the parties, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. 2 The forward-looking statements involv
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1 Promissory Note, dated December 27, 2024, by and among Slam Corp. and Slam Sponsor, LLC. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 3 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. Dated: December 30, 2024 Slam Corp. By: /s/ Himanshu Gulati Name: Himanshu Gulati Title: Chairman 4