---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-035360"
form_type: "8-K"
ticker: "BWEN"
cik: "0001120370"
company_name: "BROADWIND, INC."
filed_at: "2023-12-27T23:59:59+00:00"
generated_at: "2026-06-07T06:45:08.924967+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Broadwind sells up to $16M in IRA tax credits to MarketAxess, boosts liquidity

## Summary
- Initial $6.5M payment received for 2023 credits; balance due Feb 29, 2024.
- Quarterly sale of 2024 Section 45X tax credits to MarketAxess per agreement.
- Broker fee of 1% of gross amounts plus legal fees; parent guaranty executed.
- CEO states monetization will significantly improve liquidity entering 2024.

## SEC filing metadata
- accession: 0001437749-23-035360
- form_type: 8-K
- ticker: BWEN
- cik: 0001120370
- company_name: BROADWIND, INC.
- filed_at: 2023-12-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120370/000143774923035360/0001437749-23-035360-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120370/000143774923035360/bwen20231226_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-035360
- JSON: https://secwatch.observer/filing/0001437749-23-035360.json
- Plain text: https://secwatch.observer/filing/0001437749-23-035360.txt

## Key facts
- Material Agreements
  BROADWIND, INC. entered into Tax Credit Transfer Agreement with MarketAxess Holdings Inc. valued at up to $16,000,000 (effective 2023-12-21).
  - Action: entry
  - Counterparty: MarketAxess Holdings Inc.
  - Value: up to $16,000,000
  - Effective: 2023-12-21
  source text: On December 21, 2023 (the “Effective Date”), Broadwind Heavy Fabrications, Inc. (“BHF”), a wholly owned subsidiary of Broadwind, Inc. (the “Company”), entered into a Tax Credit Transfer Agreement (the “Agreement”) with MarketAxess Holdings Inc. (the “Purchaser”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120370/000143774923035360/0001437749-23-035360-index.htm

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