---
schema_version: "secwatch.filing_event.v1"
accession: "0001120970-23-000101"
form_type: "8-K"
ticker: "LODE"
cik: "0001120970"
company_name: "Comstock Inc."
filed_at: "2023-12-29T23:59:59+00:00"
generated_at: "2026-06-07T05:44:50.394725+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Comstock amends asset purchase deal with Flux; reduces price to $17.2M

## Summary
- Purchase price reduced by $800,000 to $17.2M after a $200,000 cash payment on Dec 29, 2023.
- Remaining $16.65M payable from 20% of future consolidated net cash flow.
- Flux is wholly owned by Comstock director and CTO Kevin Kreisler, making this a related-party transaction.
- Original asset purchase agreement dated September 2021 covered photovoltaic and photocatalysis IP and equipment.

## SEC filing metadata
- accession: 0001120970-23-000101
- form_type: 8-K
- ticker: LODE
- cik: 0001120970
- company_name: Comstock Inc.
- filed_at: 2023-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120970/000112097023000101/0001120970-23-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120970/000112097023000101/lode-20231228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001120970-23-000101
- JSON: https://secwatch.observer/filing/0001120970-23-000101.json
- Plain text: https://secwatch.observer/filing/0001120970-23-000101.txt

## Key facts
- Material Agreements
  Comstock Inc. amended Asset Purchase Agreement with Flux Photon Corporation valued at decreased by $800,000 to $17,200,000 (effective 2023-12-28).
  - Action: amendment
  - Agreement: asset purchase
  - Counterparty: Flux Photon Corporation
  - Value: decreased by $800,000 to $17,200,000
  - Effective: 2023-12-28
  source text: On December 28, 2023, Comstock Inc. (the “Company”) amended that certain Asset Purchase Agreement (the “Asset Purchase Agreement”), dated September 7, 2021, as amended and restated December 10, 2021, between the Company and Flux Photon Corporation (“Flux”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120970/000112097023000101/0001120970-23-000101-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.