Item 2.03 Creation of a Direct Financial Obligation under an Off-Balance Sheet
Arrangement of a Registrant.
The information relating to the Note (as defined below) included in Item 8.01 is
incorporated by reference in this item to the extent required.
Item 8.01 Other Events
On June 16, 2022, Robb Knie, the Chief Executive Officer of FoxWayne Enterprises
Acquisition Corp. ("FoxWayne"), loaned $50,000 to FoxWayne. In addition, on
April 15, 2022, several shareholders of FoxWayne Enterprises Acquisition Sponsor
("FoxWayne Sponsor"), loaned an aggregate of $254,999 to FoxWayne. The loans
were evidenced by promissory notes (each, a "Note") which are non-interest
bearing, non-convertible, and payable upon the consummation of the FoxWayne's
initial merger, share exchange, asset acquisition or other similar business
combination with one or more businesses or entities. If an initial merger, share
exchange, asset acquisition or other similar business combination is not
consummated, the Notes will not be repaid by FoxWayne and all amounts owed
thereunder by FoxWayne will be forgiven except to the extent that FoxWayne has
funds available to it outside of its trust account.
The foregoing summary of the Notes is qualified in its entirety by reference to
the text of the Notes, a form of which is filed as an exhibit hereto and
incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
Exhibit No. Description of Exhibit
10.1 Form of Promissory Note
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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