---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-034946"
form_type: "8-K"
ticker: "LODE"
cik: "0001120970"
company_name: "Comstock Inc."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T00:48:17.774955+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Comstock acquires AICo, secures GenMat AI license for mining, terminates prior pacts

## Summary
- Comstock swaps its GenMat equity for 100% of AICo, which holds a non-exclusive EULA to GenMat's AI.
- AICo license covers GenMat's materials science AI, satellite imaging data, and analytics for Comstock's Nevada mining properties.
- AICo receives a credit against EULA fees equal to 100% of Comstock's cumulative historical investments in GenMat.
- All prior transaction documents (MOU, Letter Agreement, Operating Agreement, MIPA) are terminated.
- Management says AI will accelerate materials discovery and innovation for energy applications.

## SEC filing metadata
- accession: 0001437749-24-034946
- form_type: 8-K
- ticker: LODE
- cik: 0001120970
- company_name: Comstock Inc.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120970/000143774924034946/0001437749-24-034946-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120970/000143774924034946/lode20241113_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-034946
- JSON: https://secwatch.observer/filing/0001437749-24-034946.json
- Plain text: https://secwatch.observer/filing/0001437749-24-034946.txt

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