---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-036800"
form_type: "8-K"
ticker: "LODE"
cik: "0001120970"
company_name: "Comstock Inc."
filed_at: "2025-12-03T23:59:59+00:00"
generated_at: "2026-05-16T15:01:42.560841+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Comstock investee Bioleum acquires RenFuel IP for $18.1M in stock, warrants, and debt forgiveness

## Summary
- Purchase price: $12.5M in 520,833 Bioleum shares, $2.5M warrants at $24/share, $2.6M debt forgiveness, $500K cash.
- Contingent earn-out of 3% of lignin ester revenues up to $11.9M cap.
- Terminates Bioleum's prior ~$1M/year funding commitment to RenFuel.
- Bioleum grants RenFuel exclusive license in biomaterials with 3% royalty; retains non-exclusive Americas license.
- Development services agreement covers RenFuel's Uppsala lab and key fuels employees.

## SEC filing metadata
- accession: 0001437749-25-036800
- form_type: 8-K
- ticker: LODE
- cik: 0001120970
- company_name: Comstock Inc.
- filed_at: 2025-12-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120970/000143774925036800/0001437749-25-036800-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120970/000143774925036800/lode20251201_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-036800
- JSON: https://secwatch.observer/filing/0001437749-25-036800.json
- Plain text: https://secwatch.observer/filing/0001437749-25-036800.txt

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