{"schema_version":"secwatch.filing_event.v1","accession":"0001352081-24-000004","form_type":"8-K","ticker":null,"cik":"0001352081","company_name":"Cardinal Ethanol LLC","filed_at":"2024-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.926410+00:00","generated_at":"2026-06-06T09:47:57.759827+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Cardinal Ethanol subsidiary acquires idled ethanol facility in Colwich, KS for $44M","bullets":["Cardinal Colwich, a wholly owned subsidiary, completed acquisition of substantially all assets of Element, LLC for $44 million.","The idled facility in Colwich, KS can produce ethanol, high protein distillers grains, and corn oil; idled since April 2023.","Purchase funded by cash on hand and a $22 million loan from First National Bank of Omaha.","Cardinal Colwich assumed certain liabilities related to assigned contracts and associated cure costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001352081-24-000004","json":"https://secwatch.observer/filing/0001352081-24-000004.json","markdown":"https://secwatch.observer/filing/0001352081-24-000004.md","text":"https://secwatch.observer/filing/0001352081-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1352081/000135208124000004/0001352081-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1352081/000135208124000004/card-20240131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T09:47:57.759827+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":"e80dde366725806c1aba528a3d57f0bca9d058ea","claim":"Cardinal Ethanol LLC completed an acquisition involving Element, LLC for $44,000,000 (closed 2024-01-31).","evidence_excerpt":"equipment, books and records, real property, permits, licenses, intellectual property rights and assets, inventory and spare parts. The consideration for the assets was $44,000,000. In addition, Cardinal Colwich assumed certain liabilities required to be performed after closing with respect to contracts assigned by Seller and assumed by Cardinal Colwich","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1352081/000135208124000004/0001352081-24-000004-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Element, LLC"},{"label":"Consideration","value":"$44,000,000"},{"label":"Closing","value":"2024-01-31"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}