secwatch.observer — SEC 8-K summary
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Issuer:     ALPINE 4 HOLDINGS, INC. (—)
CIK:        0001606698
Form:       8-K
Filed at:   2023-12-29T23:59:59+00:00
Accession:  0001628280-23-042941
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alpine 4 enters $10M revolver with SLR Business Credit and $500k cash advance
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- Revolver up to $10M, interest at Prime+1.5% (floor 9%), 3-year term, secured by AR/inventory.
- Alpine 4 guaranteed the revolver; subsidiary DTS granted collateral assignment of trademarks.
- Also entered $745k cash advance (future receipts) from AEC GAP for $500k proceeds.
- Cash advance requires daily payments; prepayment discounts up to $105k if paid by Jan 26, 2024.
- Financing deemed necessary for working capital due to delays in stock sale registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606698/000162828023042941/0001628280-23-042941-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606698/000162828023042941/alpp-20231220.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-042941

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