-+ 0.00%
-+ 0.00%
-+ 0.00%

Slam Corp amends and restates USD 15.51 million promissory note with Slam Sponsor

PUBT·10/01/2026 11:19:09
Diffusion vocale
Slam Corp amends and restates USD 15.51 million promissory note with Slam Sponsor
  • Slam Corp. issued an Amended and Restated Consolidated Promissory Note to Slam Sponsor on Oct. 1, 2026.
  • Principal totals 15.51 million, consolidating 10 prior sponsor notes; no new borrowing; undrawn commitments terminated.
  • Note now accrues non-compounding interest from Oct. 1, 2026 at the Wall Street Journal prime rate; payable with principal.
  • Matures on the fifth anniversary; liquidation without a deal forgives amounts except funds outside trust; sponsor waived trust claims.
  • Company can repay in Class A shares based on 20-day VWAP; sponsor ended a 1.5 million warrant conversion right.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Slam Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-105446), on October 01, 2026, and is solely responsible for the information contained therein.