---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-004179"
form_type: "8-K"
ticker: "AMTX"
cik: "0000738214"
company_name: "AEMETIS, INC"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:49:43.126419+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Aemetis Biogas extends preferred unit redemption to Apr 30, 2024; $111M credit facility possible

## Summary
- Redemption deadline extended from Dec 31, 2023 to Apr 30, 2024; price increased to $111M.
- If not redeemed, ABGL must enter $111M credit agreement at prime+10% (floor 16%), maturity Apr 30, 2025.
- Aemetis Inc. and subsidiaries guarantee the potential credit agreement and provide security interests.
- Interest may be capitalized monthly; mandatory repayments of 100% of quarterly free cash flow required.

## SEC filing metadata
- accession: 0001437749-24-004179
- form_type: 8-K
- ticker: AMTX
- cik: 0000738214
- company_name: AEMETIS, INC
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/738214/000143774924004179/0001437749-24-004179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/738214/000143774924004179/amtx20240210_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-004179
- JSON: https://secwatch.observer/filing/0001437749-24-004179.json
- Plain text: https://secwatch.observer/filing/0001437749-24-004179.txt

## Key facts
- Debt Financings
  AEMETIS, INC incurred credit facility of $111,000,000 with Protair-X Aemericas, Inc. at the greater of (i) prime rate plus 10% or (ii) 16% maturing April 30, 2025.
  - Instrument: credit facility
  - Principal: $111,000,000
  - Counterparty: Protair-X Aemericas, Inc.
  - Rate: the greater of (i) prime rate plus 10% or (ii) 16%
  - Maturity: April 30, 2025
  - Event: incurrence
  source text: the Credit Agreement would have an effective date of May 1, 2024, a principal amount of $111,000,000, a maturity date of April 30, 2025, and an annual interest rate equal to the greater of (i) prime rate plus 10% or (ii) 16%
  evidence_url: https://www.sec.gov/Archives/edgar/data/738214/000143774924004179/0001437749-24-004179-index.htm
- Material Agreements
  AEMETIS, INC amended Fifth Waiver and Amendment to Series A Preferred Unit Purchase Agreement with Protair-X Aemericas, Inc. valued at extended redemption date to April 30, 2024; redemption price increased to $111,000,000 (effective 2024-02-08).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: Protair-X Aemericas, Inc.
  - Value: extended redemption date to April 30, 2024; redemption price increased to $111,000,000
  - Effective: 2024-02-08
  source text: On February 8, 2024, Aemetis Biogas LLC (“ ABGL ”), a subsidiary of Aemetis, Inc., entered into a “Fifth Waiver and Amendment to Series A Preferred Unit Purchase Agreement” (“ PUPA Amendment ”) with Protair-X Aemericas, Inc. (“ Purchaser ”) and Third Eye Capital Corporation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/738214/000143774924004179/0001437749-24-004179-index.htm

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