Financial Obligation - Form 425

Item. 1.01 Entry into a Material Definitive Agreement.

As previously disclosed, on February 4, 2024, Slam Corp., a Cayman Islands exempted company ("Slam" or the "Company"), Lynk Global, Inc., a Delaware corporation ("Lynk"), Slam Sponsor, LLC, a Cayman Islands limited liability company (the "Sponsor" or "Lender"), Lynk Global Holdings, Inc., a Delaware corporation ("Topco"), Lynk Merger Sub 1, LLC, a Delaware limited liability company and wholly owned subsidiary of Topco ("Merger Sub 1") and Lynk Merger Sub 2, LLC, a Delaware limited liability and wholly owned subsidiary of Topco ("Merger Sub 2" and, together with Slam and Lynk, collectively, the "Parties" and each a "Party") entered into a definitive business combination agreement, as may be amended, modified or supplemented from time to time (the "BCA").

Business Combination Agreement Amendment

On August 26, 2024, the Parties entered into an amendment to the BCA (the "BCA Amendment") pursuant to which the parties agreed to extend the Termination Date from August 31, 2024 to December 25, 2024. All capitalized terms used in this paragraph and not otherwise defined herein have the same meanings ascribed to them in the BCA Amendment.

The foregoing descriptions of the BCA Amendment are not complete and are subject to and qualified in their entirety by reference to the BCA Amendment. A copy of the BCA Amendment is filed with this Current Report on Form 8-K as Exhibit 2.1, and the terms of which are incorporated by reference herein.

Promissory Note Amendment

As previously reported, on February 27, 2023, Company issued a promissory note to the Lender, the Company's sponsor, as amended and restated on February 4, 2024 (the "Amended Note") in connection with the BCA. On August 23, 2024, the Company and the Lender amended the Amended Note to increase the aggregate principal amount of the Amended Note from $10,447,000 to $10,947,000. All other material terms of the Amended Note remain in full force and effect. As of the date hereof, an aggregate of approximately $10,439,000 has been borrowed under the Amended Note.

The foregoing descriptions of the Amended Note are not complete and are subject to and qualified in their entirety by reference to the Amended Note. A copy of the Amended Note is filed with this Current Report on Form 8-K as Exhibit 10.1, and the terms of which are incorporated by reference herein.