EDOC 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 November 16, 2022, EDOC Acquisition Corp., a special purpose acquisition company incorporated as a Cayman Islands exempted company (the "Company"), issued a promissory note (the "Note") in the aggregate principal amount of up to $303,993.75 to American Physicians LLC, Delaware limited liability company, the Company's sponsor (the "Extension Funds"), pursuant to which the Extension Funds will be deposited into the Company's trust account (the "Trust Account") for each Class A ordinary share of the Company ("Public Share") that was not redeemed in connection with the extension of the Company's termination date from August 12, 2022 to February 12, 2023.

The Company will deposit a pro-rata portion of the Extension Funds into the Trust Account, which equates to $0.05 per remaining Public Share, for each calendar month (commencing on November 12, 2022 and on the 12th day of December, 2022 and January, 2023), that is needed to complete an initial business combination (the "Business Combination"). The principal amount of this Note may be drawn down in three equal amounts of $101,331.25.

The Note bears no interest and is repayable in full upon the earlier of (a) the date of the consummation of the 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.

Item 9.01 Financial Statements and Exhibits.

  (d) Exhibits




Exhibit No.   Description
10.1            Promissory Note issued to American Physicians LLC, dated November 16,
              2022.
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document).




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