secwatch.observer — SEC 8-K summary
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Issuer:     American Clean Resources Group, Inc. (ACRG)
CIK:        0000773717
Form:       8-K
Filed at:   2025-11-25T23:59:59+00:00
Accession:  0001213900-25-114506
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

ACRG unwinds SWIS transaction; LaunchIt returns 1.47M shares to be retired
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- On Nov 21, 2025 ACRG and LaunchIt LLC agreed to rescind prior SWIS LLC transaction entirely.
- LaunchIt returns 1,470,000 ACRG shares, which will be retired, reducing outstanding common stock.
- ACRG transfers 100% equity of SWIS LLC to LaunchIt; mutual releases of claims signed.
- Parties determined SWIS technology not aligned with company's operational objectives.
- No additional consideration beyond the share return and equity transfer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/773717/000121390025114506/0001213900-25-114506-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/773717/000121390025114506/ea0267130-8k_american.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-114506

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