Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
On January 28, 2022, MedTech Acquisition Corporation (the "Company") issued an
unsecured promissory note in the principal amount of up to $400,000 (the "Note")
to the Company's sponsor, MedTech Acquisition Sponsor LLC ("Sponsor"), of which
$75,000 was funded by Sponsor upon execution of the Note, which may be further
drawn down from time to time prior to the Maturity Date (defined below) upon
request by the Company. The Note does not bear interest and matures upon closing
of the Company's initial business combination (the "Maturity Date"). The
proceeds of the Note will be used for working capital purposes.
The foregoing description of the Note is qualified in its entirety by reference
to the full text of the Note, a copy of which is filed with this Current Report
on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No. Description
10.1 Promissory Note, dated January 28, 2022
104 Cover Page Interactive Data File (Embedded within the Inline XBRL document)
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