secwatch.observer — SEC 8-K summary
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Issuer:     Global Clean Energy Holdings, Inc. (—)
CIK:        0000748790
Form:       8-K
Filed at:   2023-07-11T23:59:59+00:00
Accession:  0001575872-23-001108
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Global Clean Energy obtains $36M in new Tranche D loans; extends capital raise deadlines
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- New $110M Tranche D facility (upsizable to $140M); $36M committed including $7M funded and $29M converted from Tranche C loans.
- Availability period through July 31, 2023 (extendable to Sept 30, 2023); deadlines for $10M and $170M capital raises extended to July 31, 2023 and July 31, 2024.
- Existing warrants cancelled and reissued for up to 10,875,000 shares at $0.075/share, exercisable until Dec 23, 2028.
- Lenders waived certain defaults arising prior to Amendment No. 13 effective date.
- Governance and management deadlines extended to August 15, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/748790/000157587223001108/0001575872-23-001108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/748790/000157587223001108/gceh-20230705.htm
  HTML page:      https://secwatch.observer/filing/0001575872-23-001108

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