Inactive Instrument

SILR CRES

Equities

SLCR

KYG813551028

SILVER CREST ACQUISITION CORP : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)

April 11, 2022 at 03:41 pm IST

Item 1.01 Entry into a Material Definitive Agreement

On April 11, 2022, Silver Crest Acquisition Corporation, a Cayman Islands exempted company ("Silver Crest"), issued an unsecured promissory note to Silver Crest Management LLC, a Cayman Islands limited liability company ("Sponsor"), pursuant to which Silver Crest could borrow up to an aggregate principal amount of $850,000 for working capital needs (the "Promissory Note"). Sponsor holds (i) 8,625,000 Class B ordinary shares of Silver Crest, par value $0.0001 each, and (ii) 8,900,000 warrants, each exercisable to purchase one Class A ordinary share of Silver Crest at $11.50 per share. The Promissory Note is non-interest bearing and payable on the earlier of (i) January 19, 2023 or (ii) the consummation of a Business Combination (as defined in Silver Crest's Second Amended and Restated Memorandum and Articles of Association).

This description is qualified in its entirety by reference to the Promissory Note, which is filed as Exhibit 2.1 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits



  2.1     Promissory Note, dated as of April 11, 2022, between Silver Crest
        Acquisition Corporation and Silver Crest Management LLC.
104     Cover Page Interactive Data File (embedded within the Inline XBRL document)

Latest news about SILR CRES

Silver Crest Acquisition Corporation(NasdaqCM:SLCR) dropped from NASDAQ Composite Index	28/22/28	CI
Tim Hortons China completed the acquisition of Silver Crest Acquisition Corporation in a reverse merger transaction.	28/22/28	CI
Top Premarket Decliners	23/22/23	MT
Silver Crest Acquisition Says Pending SPAC Merger With TH International Expected to be Completed Sept. 28	23/22/23	MT
Silver Crest Acquisition Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	13/22/13	CI
Silver Crest Acquisition Corporation Reports Earnings Results for the First Quarter Ended March 31, 2022	17/22/17	CI
Silver Crest Acquisition Corporation Reports Earnings Results for the Full Year Ended December 31, 2021	31/22/31	CI
Silver Crest Acquisition Corporation Auditor Raises 'Going Concern' Doubt	30/22/30	CI
Silver Crest Acquisition Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	13/21/13	CI
Silver Crest Acquisition : Tim Hortons China to create local unit to address data crackdown	25/21/25	RE
Silver Crest Acquisition Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2021	17/21/17	CI
Tim Hortons China to Combine With Silver Crest Acquistion Corp.	16/21/16	DJ
Tim Hortons China executed a non-binding letter of intent to acquire Silver Crest Acquisition Corporation from Silver Crest Management LLC and others for $1.4 billion in a reverse merger transaction.	16/21/16	CI
Market Chatter: Blank Check Firm Silver Crest Acquisition Reportedly Near $1.8 Billion Deal with Tim Hortons China	13/21/13	MT
Tim Hortons China Near $1.8 Billion Silver Crest SPAC Deal	12/21/12	CI
Certain Class B Ordinary Shares of Silver Crest Acquisition Corporation are subject to a Lock-Up Agreement Ending on 12-JUL-2021.	12/21/12	CI
Silver Crest Acquisition Corporation Reports Earnings Results for the First Quarter Ended March 31, 2021	25/21/25	CI
Silver Crest Acquisition Corporation Announced Earnings Results for the Four Months Ended December 31, 2020	30/21/30	CI
Silver Crest Acquisition Corporation(NasdaqCM:SLCR) added to NASDAQ Composite Index	12/21/12	CI
Silver Crest Acquisition Corporation announced that it has received $8.9 million in funding from Silver Crest Management Llc	19/21/19	CI
Silver Crest Acquisition Corporation has completed an IPO in the amount of $300 million.	13/21/13	CI
Silver Crest Acquisition Corporation has filed an IPO in the amount of $250 million.	23/20/23	CI
Silver Crest Acquisition Corporation announced that it expects to receive $7 million in funding from Silver Crest Management Llc	23/20/23	CI

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Silver Crest Acquisition Corp is a blank check company. It incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

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