CF Acquisition Corp. IV announced a private placement of a promissory note for gross proceeds of $2,767,883.40 on December 22, 2022. The transaction included participation from returning lender CFAC Holdings IV, LLC.

The note bears no interest and is repayable in full upon the earlier of: (a) the date of the consummation of the company's business combination or (b) the liquidation of the company. The issuance of the note was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.