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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): July 13, 2023

 

Osiris Acquisition Corp.

(Exact name of registrant as specified in its charter)

 

Delaware 001-40402 85-3636928
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)

 

95 5th Avenue, 6th Floor

New York, NY 10003

10003
(Address of principal executive offices) (Zip Code)

 

(646) 993-4635
(Registrant’s telephone number, including area code)

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  ¨ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 
  ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 
  ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 
  ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered

Units, each consisting of one share of Class A common stock, $0.0001 par value, and one-half of one warrant

  OSI.U   New York Stock Exchange
Class A common stock   OSI   New York Stock Exchange
Warrants included as part of the units   OSI WS   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement or a Registrant.

 

On July 13, 2023, Osiris Acquisition Corp. (the “Company”) effected a drawdown of $500,000 under the unsecured promissory note (the “Promissory Note”), as amended by Amendment No. 1 to Promissory Note, dated April 24, 2023 ( “Amendment No. 1”), in the principal amount up to $3,000,000 to Osiris Sponsor LLC, a Delaware limited liability company (the “Sponsor”), pursuant to which the Sponsor agreed to loan to the Company up to $3,000,000. The aggregate principal amount outstanding under the Promissory Note is now $3,000,000. The Promissory Note bears interest at a rate of 0.96% per annum and is payable on the earlier of an initial business combination or the liquidation of the Company.

 

The foregoing description of the Promissory Note is qualified in its entirety by reference to the full text of the Promissory Note, which was filed as Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the period ended March 31, 2022 filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 16, 2022, and Amendment No. 1, which was filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the SEC on April 24, 2023.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits. The following exhibits are filed with this Form 8-K:

 

Exhibit
No.
  Description of Exhibits
   
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  OSIRIS ACQUISITION CORP.
   
Date: July 13, 2023    
     
  By: /s/ Benjamin E. Black
    Name: Benjamin E. Black
    Title: Chief Executive Officer

 

 

 

v3.23.2
Cover
Jul. 13, 2023
Document Type 8-K
Amendment Flag false
Document Period End Date Jul. 13, 2023
Entity File Number 001-40402
Entity Registrant Name Osiris Acquisition Corp.
Entity Central Index Key 0001832136
Entity Tax Identification Number 85-3636928
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 95 5th Avenue
Entity Address, Address Line Two 6th Floor
Entity Address, City or Town New York
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10003
City Area Code 646
Local Phone Number 993-4635
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
Units, each consisting of one share of Class A common stock, $0.0001 par value, and one-half of one warrant [Member]  
Title of 12(b) Security Units, each consisting of one share of Class A common stock, $0.0001 par value, and one-half of one warrant
Trading Symbol OSI.U
Security Exchange Name NYSE
Common Class A [Member]  
Title of 12(b) Security Class A common stock
Trading Symbol OSI
Security Exchange Name NYSE
Warrant [Member]  
Title of 12(b) Security Warrants included as part of the units
Trading Symbol OSI WS
Security Exchange Name NYSE

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