Item 1.01. Entry into a Material Definitive Agreement.

On June 21, 2023, Montauk Renewables, Inc. ("Montauk") entered into the Third Amended and Restated Loan Agreement and Secured Promissory Note (the "MNK Amendment"), by and between Montauk and Montauk Holdings Proprietary Limited ("MNK"), previously Montauk Holdings Limited, amending and restating in its entirety the Second Loan Agreement and Secured Promissory Note, as amended (the "MNK Loan Agreement"). The MNK Amendment increases the principal amount of the loan from its current balance of $8,940,000 to a total of $10,040,000, in the aggregate, extends the maturity date of the loan from June 30, 2023 to December 31, 2023, and increases the security interest of Montauk from 800,000 to 976,623 shares of common stock of Montauk owned by MNK. The terms of the MNK Amendment are otherwise substantially similar to the MNK Loan Agreement.

As previously disclosed, Montauk entered into the MNK Loan Agreement in accordance with its obligations set forth in the Transaction Implementation Agreement entered into by and among Montauk, MNK and the other party thereto, in connection with Montauk's initial public offering.

The foregoing summary of the MNK Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of such agreement, which is included as Exhibit 10.1, to this Current Report on Form 8-K and 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 information set forth under Item 1.01 above is incorporated into this Item 2.03 by reference.

Item 9.01. Financial Statements and Exhibits.




(d) Exhibits.

Exhibit
Number       Description

10.1           Third Amended and Restated Loan Agreement and Secured Promissory
             Note, dated as of June 21, 2023, by and between Montauk Renewables,
             Inc. and Montauk Holdings Proprietary Limited

104          Cover Page Interactive Data File (embedded within the Inline XBRL
             document)

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses