PORTAGE FINTECH 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 April 5, 2023, Portage Fintech Acquisition Corporation (the "Company") issued a promissory note (the "Promissory Note") to its sponsor, PFTA I LP, an Ontario limited partnership (the "Sponsor"), pursuant to which the Company may borrow up to $1,250,000 from the Sponsor to fund the Company's working capital expenses prior to completion of any potential initial business combination. Also on April 5, 2023, the Company made a draw on the Promissory Note of $1,250,000. The Promissory Note is non-interest bearing and payable on the earlier of July 23, 2023 and the date on which the Company consummates a business combination.

The foregoing summary of the Promissory Note does not purport to be complete and is qualified in its entirety by reference to the text of the Promissory Note, a copy of which is filed as Exhibit 10.1 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 disclosed under Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03 to the extent required herein.

Item 9.01. Financial Statements and Exhibits.

(d)       Exhibits

10.1        Promissory Note, dated April 5, 2023, between the Company and the
          Sponsor.
104       Cover Page Interactive Data File (embedded within the Inline XBRL
          document)




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