{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-002358","form_type":"8-K","ticker":null,"cik":"0001590383","company_name":"RENOVARE ENVIRONMENTAL, INC.","filed_at":"2023-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.730137+00:00","generated_at":"2026-06-20T17:05:34.849081+00:00","sec_items":["1.01","2.01","2.03","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Renovare sells US Digester Business to TraQiQ for $150K cash, stock, and debt assumption","bullets":["Acquirer TraQiQ pays $150K cash, 1.25M Series B preferred shares, and 15.69M common shares (1.57M held in escrow).","Acquirer assumes $3,017,089.85 in Michaelson Capital debt; Renovare subsidiaries guaranty and pledge all assets as collateral.","Sellers agree to five-year non-compete on Digester Business; closing occurred January 5, 2023.","Transaction structured as asset sale; excludes real property, cash, and non-digester business assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-002358","json":"https://secwatch.observer/filing/0001104659-23-002358.json","markdown":"https://secwatch.observer/filing/0001104659-23-002358.md","text":"https://secwatch.observer/filing/0001104659-23-002358.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590383/000110465923002358/0001104659-23-002358-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590383/000110465923002358/tm232845d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T17:05:34.849081+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":"6d6ae7ecd981b5c85dc5985b4520fe277c914a87","claim":"RENOVARE ENVIRONMENTAL, INC. amended guarantee with Michaelson Capital Special Finance Fund II, L.P..","evidence_excerpt":"n an amount equal to $3,017,089.85 (the “Michaelson Debt”) owed to Michaelson Capital Special Finance Fund II, L.P. (“Michaelson”). In exchange for the assets of the Digester","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590383/000110465923002358/0001104659-23-002358-index.htm","confidence":0.4,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"guarantee"},{"label":"Counterparty","value":"Michaelson Capital Special Finance Fund II, L.P."},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"9b76a63913fc5d4e2c17b257b1ecb7a853c39427","claim":"RENOVARE ENVIRONMENTAL, INC. completed a disposition involving TraQiQ, Inc. for $150,000 in cash, 1,250,000 shares of Series B Preferred Stock, and 15,686,926 shares of common stock (closed 2023-01-05).","evidence_excerpt":"to Michaelson Capital Special Finance Fund II, L.P. (“Michaelson”). In exchange for the assets of the Digester Business, the Acquiror (a) paid the Companies an amount equal to $150,000 (the “Cash Consideration”) and (b) issued to the Registrant (i) 1,250,000 shares of the Acquiror’s Series B Preferred Stock, par value $0.0001 (the “Series B Preferred","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590383/000110465923002358/0001104659-23-002358-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"TraQiQ, Inc."},{"label":"Consideration","value":"$150,000 in cash, 1,250,000 shares of Series B Preferred Stock, and 15,686,926 shares of common stock"},{"label":"Closing","value":"2023-01-05"}],"fact_type":"ma_transaction"},{"claim_id":"05341f221d5e2744b02c85f398d499535712789f","claim":"RENOVARE ENVIRONMENTAL, INC. amended Security Agreement with Michaelson Capital Special Finance Fund II, L.P. (effective 2022-12-30).","evidence_excerpt":"on December 30, 2022, the Renovare Companies entered into an amended and restated security agreement on December 30, 2022 (the “Security Agreement”) which provides all of the assets of the Renovare Companies as collateral for the obligations of the Michaelson Debt.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590383/000110465923002358/0001104659-23-002358-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Michaelson Capital Special Finance Fund II, L.P."},{"label":"Effective","value":"2022-12-30"}],"fact_type":"material_agreement"},{"claim_id":"4be5c1167e791d1977e47b316f2f99663ec72c04","claim":"RENOVARE ENVIRONMENTAL, INC. entered into Purchase Agreement with TraQiQ, Inc. valued at $150,000 (effective 2022-12-30).","evidence_excerpt":"On January 5, 2023, Renovare Environmental, Inc., a Delaware corporation (“Registrant”) and its wholly-owned subsidiary BioHiTech America, LLC (“BHT” and, together with Registrant, the “Companies”), consummated the transactions contemplated by the Asset Purchase Agreement dated as of December 30, 2022 (the “Purchase Agreement”) among TraQiQ, Inc. a California corporation (the “Acquiror”) and the Companies","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590383/000110465923002358/0001104659-23-002358-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"TraQiQ, Inc."},{"label":"Value","value":"$150,000"},{"label":"Effective","value":"2022-12-30"}],"fact_type":"material_agreement"},{"claim_id":"84e9e5fb7e6e8f886b82ce5b6999776ddf1ca288","claim":"RENOVARE ENVIRONMENTAL, INC. entered into Guarantee Agreement with Michaelson Capital Special Finance Fund II, L.P. (effective 2022-12-30).","evidence_excerpt":"the Renovare Companies entered into a Guaranty and Suretyship Agreement on December 30, 2022 (the “Guarantee Agreement”) whereby the Renovare Companies guaranteed the obligations under the Assumption Agreement and an underlying note between the Acquiror and Michaelson.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590383/000110465923002358/0001104659-23-002358-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Michaelson Capital Special Finance Fund II, L.P."},{"label":"Effective","value":"2022-12-30"}],"fact_type":"material_agreement"},{"claim_id":"ec4095bf7dd9759865bd0b9137e8598b920ca0a8","claim":"RENOVARE ENVIRONMENTAL, INC. entered into Assumption Agreement with Michaelson Capital Special Finance Fund II, L.P. valued at $3,017,089.85 (effective 2022-12-30).","evidence_excerpt":"Michaelson, the Acquiror, the Companies, BHT Financial, LLC (“BHTF”), BioHiTech Europe, PLC (“BHTE”), E.N.A. Renewables (“ENA”) and New Windsor Resource Recovery (“NWRR”), each wholly subsidiaries of the Registrant (together with the Sellers, BHTF, BHTE, ENA and NWRR, the “Renovare Companies”) entered into an Assumption Agreement dated as of December 30, 2022 (the “Assumption Agreement”), pursuant to which the Acquiror assumed all of the obligations and liabilities with respect to the Michaelson Debt.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590383/000110465923002358/0001104659-23-002358-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Michaelson Capital Special Finance Fund II, L.P."},{"label":"Value","value":"$3,017,089.85"},{"label":"Effective","value":"2022-12-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}