secwatch.observer — SEC 8-K summary
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Issuer:     Alto Ingredients, Inc. (ALTO)
CIK:        0000778164
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001213900-21-058137
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Alto Ingredients sells Stockton ethanol plant to Pelican Acquisition for $24M
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- Sale of ethanol plant and related assets in San Joaquin County, CA to Pelican Acquisition LLC.
- Total consideration of $24 million, subject to closing adjustments.
- Transaction closed on November 5, 2021, the same date as the agreement.
- Seller is subsidiary Pacific Ethanol Stockton LLC; parent Alto Ingredients guarantees certain provisions.
- Asset Purchase Agreement includes customary representations, warranties, and covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/778164/000121390021058137/0001213900-21-058137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/778164/000121390021058137/ea150389-8k_altoingrid.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-058137

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer