secwatch.observer — SEC 8-K summary
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Issuer:     Aqua Metals, Inc. (AQMS)
CIK:        0001621832
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001437749-23-011138
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.01, 2.04
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621832/000143774923011138/0001437749-23-011138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621832/000143774923011138/aqms20230425_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-011138

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