---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-039016"
form_type: "8-K"
ticker: null
cik: "0001606698"
company_name: "ALPINE 4 HOLDINGS, INC."
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:38:29.810182+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Alpine 4 enters $1.05M merchant cash advance at high factor cost; cites working capital need

## Summary
- Gross proceeds $1,050,000 against $1,480,500 in future receivables purchased (factor rate ~1.41x).
- Payments of $56,942.30/week for 26 weeks; net proceeds after $50,000 fee: $1,000,000.
- Secured by collateral of select subsidiaries and holding company (accounts and proceeds).
- Working capital deemed necessary due to delays in anticipated sale of shares and warrants.
- No prior relationship with lender Meged Funding Group.

## SEC filing metadata
- accession: 0001628280-23-039016
- form_type: 8-K
- cik: 0001606698
- company_name: ALPINE 4 HOLDINGS, INC.
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: debt
- sentiment: negative
- 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/1606698/000162828023039016/0001628280-23-039016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606698/000162828023039016/alpp-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-039016
- JSON: https://secwatch.observer/filing/0001628280-23-039016.json
- Plain text: https://secwatch.observer/filing/0001628280-23-039016.txt

## Key facts
- Debt Financings
  ALPINE 4 HOLDINGS, INC. incurred debt of $1,050,000 with Meged Funding Group maturing 26 weeks.
  - Principal: $1,050,000
  - Counterparty: Meged Funding Group
  - Maturity: 26 weeks
  - Event: incurrence
  source text: On November 8, 2023, Alpine 4 Holdings, Inc., a Delaware corporation (the "Company"), and certain of its subsidiaries (collectively, the “Borrowers”) entered into a Standard Merchant Cash Advance Agreement (the “MFG Cash Advance Agreement”) for gross proceeds of $1,050,000 with Meged Funding Group ("MFG"), an unrelated third-party financial institution, for the purchase and sale of future receipts pursuant to which the Company sold in the aggregate $1,480,500 in future receipts of the Company and the Borrowers for gross proceeds of $1,050,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606698/000162828023039016/0001628280-23-039016-index.htm

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