{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-025594","form_type":"8-K","ticker":null,"cik":"0001821075","company_name":"Appreciate Holdings, Inc.","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.785163+00:00","generated_at":"2026-06-17T08:16:12.621707+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Appreciate Holdings issues $1.2M convertible debentures at 67% discount; insider participation","bullets":["Issued $1,207,500 aggregate principal amount of convertible debentures for $402,500 (67% original issue discount).","Debentures mature in 12 months, bear no interest, secured but subordinated to St. Cloud facility.","Issued warrants to purchase 1,000,000 shares of Class A common at $5.00 per share, exercisable for 5 years.","Participants include directors M. Joe Beck, Gloria Fu, Marcy Haymaker, Laurie Hawkes, CEO Chris Laurence, and entity affiliated with director Scott Honour.","Certain investors owning 1,709,481 shares released from lock-up to pledge shares for financing to be loaned to company on same terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-025594","json":"https://secwatch.observer/filing/0001213900-23-025594.json","markdown":"https://secwatch.observer/filing/0001213900-23-025594.md","text":"https://secwatch.observer/filing/0001213900-23-025594.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821075/000121390023025594/0001213900-23-025594-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821075/000121390023025594/ea176132-8k_appreciate.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T08:16:12.621707+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":"2f8a632083a4795e32cf05017b4206f4670bfdf9","claim":"Appreciate Holdings, Inc. incurred convertible notes of $1,207,500 aggregate principal amount at no interest maturing twelve (12) months after the date of issuance.","evidence_excerpt":"From March 27, 2023 through March 31, 2023, Appreciate Holdings, Inc. (the “Company”) issued USD $1,207,500 aggregate principal amount of convertible debentures to several accredited investors (the “Debentures”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821075/000121390023025594/0001213900-23-025594-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$1,207,500 aggregate principal amount"},{"label":"Rate","value":"no interest"},{"label":"Maturity","value":"twelve (12) months after the date of issuance"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}