AMERICAS TECHNOLOGY ACQUISITION CORP. : Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Financial Statements and Exhibits (form 8-K)

Item 1.01. Entry into a Material Definitive Agreement.

On August 25, 2022, Americas Technology Acquisition Corp. (the "Company") issued a promissory note (the "Note") in the principal amount of up to $500,000 to ATAC Limited Partnership (the "Sponsor"), pursuant to which the Sponsor agreed to loan the Company up to $500,000 solely for working capital purposes.

The Note bears no interest and is repayable in full upon the earlier of (a) the date of the consummation of the Company's initial business combination, or (b) the date of the liquidation of the Company.

The foregoing description is qualified in its entirety by reference to the Note, a copy of which is attached as Exhibit 10.1 hereto and is incorporated herein by reference.

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

The disclosure contained in Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.03.

                                       2

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are being filed herewith:

Exhibit No.   Description of Exhibits
  10.1          Promissory Note issued to the Sponsor.
104           Cover Page Interactive Data File (embedded within the Inline XBRL document)




                                       3

© Edgar Online, source Glimpses