{"schema_version":"secwatch.filing_event.v1","accession":"0001013762-23-006626","form_type":"8-K","ticker":null,"cik":"0001821075","company_name":"Appreciate Holdings, Inc.","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.722406+00:00","generated_at":"2026-06-09T11:29:36.767526+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Appreciate Holdings borrows $407,197 under secured promissory note with St. Cloud Capital","bullets":["Obtained $407,197 on Oct 19, 2023 via a Secured Promissory Note.","Note issued under existing Securities Purchase Agreement dated Nov 7, 2016.","Counterparty is St. Cloud Capital Partners III SBIC, L.P.","Obligation is a direct financial liability under Item 2.03.","Proceeds used for general corporate purposes; no further guidance given."],"urls":{"canonical":"https://secwatch.observer/filing/0001013762-23-006626","json":"https://secwatch.observer/filing/0001013762-23-006626.json","markdown":"https://secwatch.observer/filing/0001013762-23-006626.md","text":"https://secwatch.observer/filing/0001013762-23-006626.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821075/000101376223006626/0001013762-23-006626-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821075/000101376223006626/ea187275-8k_appreciate.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T11:29:36.767526+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"298b6b8e72848c9788b6befbcaa58ef1b5d481ac","claim":"Appreciate Holdings, Inc. incurred senior notes of $407,197 with St. Cloud Capital Partners III SBIC, L.P..","evidence_excerpt":"On October 19, 2023, Appreciate Holdings, Inc. (the \"Company\") obtained $407,197 in funding pursuant to that certain Secured Promissory Note dated October 19, 2023 issued under the Company’s existing Securities Purchase Agreement","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821075/000101376223006626/0001013762-23-006626-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$407,197"},{"label":"Counterparty","value":"St. Cloud Capital Partners III SBIC, L.P."},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3433093c86597ee92291b03cbc491ca4665a422d","claim":"Appreciate Holdings, Inc. entered into Secured Promissory Note with St. Cloud Capital Partners III SBIC, L.P. valued at $407,197 (effective 2023-10-19).","evidence_excerpt":"On October 19, 2023, Appreciate Holdings, Inc. (the “Company”) obtained $407,197 in funding pursuant to that certain Secured Promissory Note dated October 19, 2023 issued under the Company’s existing Securities Purchase Agreement, Dated as of November 7, 2016 by and among Appreciate Holdings, Inc. (f/k/a RW National Holdings, LLC), RW OpCo, LLC, and St. Cloud Capital Partners III SBIC, L.P.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821075/000101376223006626/0001013762-23-006626-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"St. Cloud Capital Partners III SBIC, L.P."},{"label":"Value","value":"$407,197"},{"label":"Effective","value":"2023-10-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}