secwatch.observer — SEC 8-K summary
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Issuer:     Gevo, Inc. (GEVO)
CIK:        0001392380
Form:       8-K
Filed at:   2023-03-15T23:59:59+00:00
Accession:  0001392380-23-000015
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gevo amends fuel supply agreement with Kolmar, expands volume to 53M gallons/year
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- Amended agreement covers three products: sustainable aviation fuel, renewable naphtha, and renewable diesel.
- Annual supply volume increased from ~45 million to ~53 million gallons.
- Financial closing condition for Net-Zero 2 facility extended to December 31, 2024.
- Profit allocation from resale of Renewable Hydrocarbons is payment mechanism.
- Termination payment could be significant if default occurs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1392380/000139238023000015/0001392380-23-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1392380/000139238023000015/noticker-20230315.htm
  HTML page:      https://secwatch.observer/filing/0001392380-23-000015

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