---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-011138"
form_type: "8-K"
ticker: "AQMS"
cik: "0001621832"
company_name: "Aqua Metals, Inc."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:58:45.032433+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Aqua Metals sells McCarran facility to Comstock for $15.25M; repays $6M loan

## Summary
- Sale closed April 26, 2023; total purchase price $15.25M from Comstock Inc. for 2500 Peru Dr., McCarran, NV.
- Nonrefundable deposits of $1.25M (Oct 2021) and $2M (Oct 2022) plus $2.1M lease payments applied to purchase.
- Comstock exercised purchase option in lieu of LINICO Corporation; remaining $12M paid at closing.
- Proceeds used to fully repay $6M loan from Summit Investment Services, which accelerated upon sale completion.

## SEC filing metadata
- accession: 0001437749-23-011138
- form_type: 8-K
- ticker: AQMS
- cik: 0001621832
- company_name: Aqua Metals, Inc.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621832/000143774923011138/0001437749-23-011138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621832/000143774923011138/aqms20230425_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-011138
- JSON: https://secwatch.observer/filing/0001437749-23-011138.json
- Plain text: https://secwatch.observer/filing/0001437749-23-011138.txt

## Key facts
- Debt Financings
  Aqua Metals, Inc. faced acceleration on loan of $6 million with Summit Investment Services, LLC and others.
  - Instrument: loan
  - Principal: $6 million
  - Counterparty: Summit Investment Services, LLC and others
  - Event: acceleration
  source text: On September 30, 2022, Aqua Metals Reno, Inc. entered into a Loan Agreement with Summit Investment Services, LLC and others (collectively, the “Lenders”), pursuant to which the Lenders provided us with a loan in the amount of $6 million. Pursuant to the Loan Agreement, upon the completion of the sale of the Facility described in Item 2.01 above all amounts owed by us under the Lona Agreement accelerated.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621832/000143774923011138/0001437749-23-011138-index.htm
- M&A Transactions
  Aqua Metals, Inc. completed a disposition involving Comstock Inc. for $12 million (closed 2023-04-26).
  - Action: disposition
  - Counterparty: Comstock Inc.
  - Consideration: $12 million
  - Closing: 2023-04-26
  source text: On April 26, 2023, Aqua Metals Reno, Inc., our wholly-owned subsidiary, closed on the sale of the land and building (“Facility”) located at 2500 Peru Dr., McCarran, Nevada to Comstock Inc. for remaining $12 million owed.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621832/000143774923011138/0001437749-23-011138-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.