Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement or a Registrant.
On May 16, 2023, the board of directors of OCA Acquisition Corp., a Delaware
corporation (the "Company"), approved a draw of an aggregate of $90,000 (the
"Extension Funds") pursuant to the Promissory Note, dated as of January 19,
2023, between the Company and OCA Acquisition Holdings LLC (the "Note"), which
Extension Funds the Company deposited into the Company's trust account for its
public stockholders on May 18, 2023. This deposit enables the Company to extend
the date by which it must complete its initial business combination from May 20,
2023 to June 20, 2023 (the "Extension"). The Extension is the second of nine
one-month extensions permitted under the Company's amended and restated
certificate of incorporation and provides the Company with additional time to
complete its initial business combination. The Note does not bear interest and
matures upon closing of the Company's initial business combination. In the event
that the Company does not consummate an initial business combination, the Note
will be repaid only from funds remaining outside of the Company's trust account,
if any, or will be forfeited, eliminated, or otherwise forgiven. Up to
$1,080,000 of the total principal amount of the Note may be converted, in whole
or in part, at the option of the lender into warrants of the Company at a price
of $1.00 per warrant, which warrants will be identical to the private placement
warrants issued to OCA Acquisition Holdings LLC at the time of the initial
public offering of the Company.
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OCA ACQUISITION CORP. 
