{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-037101","form_type":"8-K","ticker":"ACMR","cik":"0001680062","company_name":"ACM Research, Inc.","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.836583+00:00","generated_at":"2026-06-12T22:09:04.856209+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"ACM Research enters RMB200M (~$28M) working capital loan facility with CITIC Bank","bullets":["Loan of RMB200M (~$28M) matures Dec 21, 2025; proceeds for operating turnover.","Interest: 1-yr LPR +105bps if drawn before Jan 24, 2024; thereafter CITIC may adjust.","Quarterly interest payments; principal due at maturity; conditional prepayment allowed.","Standard covenants, events of default; loan secured by customary terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-037101","json":"https://secwatch.observer/filing/0001140361-23-037101.json","markdown":"https://secwatch.observer/filing/0001140361-23-037101.md","text":"https://secwatch.observer/filing/0001140361-23-037101.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1680062/000114036123037101/0001140361-23-037101-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1680062/000114036123037101/brhc20055674_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T22:09:04.856209+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":"4e18bdb170cf1228bae397924fcfc92ae8250b7f","claim":"ACM Research, Inc. entered into RMB Working Capital Loan Contract with China CITIC Bank Co., Ltd. valued at RMB 200 million (approximately $28 million based on currency exchange rates as of July 25, 2023) (effective 2023-07-25).","evidence_excerpt":"On July 25, 2023, we entered into a RMB Working Capital Loan Contract (the “ Loan Contract”) with China CITIC Bank Co., Ltd. (“ China CITIC Bank ”). The Loan Contract provides for a RMB 200 million (approximately $28 million based on currency exchange rates as of July 25, 2023) loan credit facility, which term expires on December 21, 2025","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1680062/000114036123037101/0001140361-23-037101-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"China CITIC Bank Co., Ltd."},{"label":"Value","value":"RMB 200 million (approximately $28 million based on currency exchange rates as of July 25, 2023)"},{"label":"Effective","value":"2023-07-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}