secwatch.observer — SEC 8-K summary
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Issuer:     Aqua Metals, Inc. (AQMS)
CIK:        0001621832
Form:       8-K
Filed at:   2023-02-06T23:59:59+00:00
Accession:  0001437749-23-002594
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Aqua Metals buys 21,000 sq ft building for $4.275M, $3M loan at 9.5%
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- Subsidiary purchased a 21,000 sq ft building in McCarran, NV for $4.275 million from an unaffiliated party on Feb 1, 2023.
- Entered into a $3 million loan from Summit Investment Services at 9.50% fixed annual interest.
- Loan is interest-only for first 24 months, with principal and interest due March 1, 2025.
- Prepayment requires a minimum interest guarantee of $213,750 (9 months' interest).
- Loan is secured by a first-priority lien on the building and guaranteed by Aqua Metals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621832/000143774923002594/0001437749-23-002594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621832/000143774923002594/aqms20230206_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-002594

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