{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-24-001001","form_type":"8-K","ticker":"BCHT","cik":"0000728385","company_name":"Birchtech Corp.","filed_at":"2024-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.776054+00:00","generated_at":"2026-06-05T05:05:57.450528+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Midwest Energy Emissions restructures $13.15M debt, issues $4.11M new note, cuts profit share","bullets":["Paid $9.04M to reduce unsecured note principal; issued new $4.11M note due Aug 27, 2024 at SOFR+2%.","Paid off secured note of $271,686 plus interest; all secured debt fully satisfied.","Profit share reduced from $17.65M to $7.9M, payable only from net IP litigation proceeds.","AC Midwest granted exclusive right to facilitate sale of its 11.7M shares; proceeds above $960k credited to new note or profit share."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-24-001001","json":"https://secwatch.observer/filing/0001477932-24-001001.json","markdown":"https://secwatch.observer/filing/0001477932-24-001001.md","text":"https://secwatch.observer/filing/0001477932-24-001001.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/728385/000147793224001001/0001477932-24-001001-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/728385/000147793224001001/meec_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T05:05:57.450528+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0f4fcf2d8059e13c3d5bd9637d72d06a904ff107","claim":"Birchtech Corp. terminated Satisfaction and Discharge of Secured Debt with AC Midwest Energy LLC (effective 2024-02-27).","evidence_excerpt":"As a result of the repayment of the remaining principal balance under the Secured Debt, the Company, MES and AC Midwest executed a Satisfaction and Discharge of Secured Debt confirming the cancellation of the Secured Note and that all of the obligations under the Restated Financing Agreement have been fully satisfied and discharged.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/728385/000147793224001001/0001477932-24-001001-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"AC Midwest Energy LLC"},{"label":"Effective","value":"2024-02-27"}],"fact_type":"material_agreement"},{"claim_id":"25140987b22b39c4ba48063668b48be8f8102cda","claim":"Birchtech Corp. entered into Unsecured Debt Restructuring Agreement with AC Midwest Energy LLC valued at $4,114,930.60 (effective 2024-02-27).","evidence_excerpt":"On February 27, 2024, Midwest Energy Emissions Corp. (the “Company”), along with its wholly-owned subsidiary, MES, Inc. (“MES”), entered into an Unsecured Debt Restructuring Agreement (the “Debt Restructuring Agreement”) with AC Midwest Energy LLC (“AC Midwest”) which replaces and supersedes the Unsecured Note Financing Agreement and Reaffirmation of Guaranty entered into with AC Midwest on February 25, 2019, as amended on October 28, 2022 (the “Unsecured Note Financing Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/728385/000147793224001001/0001477932-24-001001-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"AC Midwest Energy LLC"},{"label":"Value","value":"$4,114,930.60"},{"label":"Effective","value":"2024-02-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}