secwatch.observer — SEC 8-K summary
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Issuer:     HIGHWATER ETHANOL LLC (—)
CIK:        0001371451
Form:       8-K
Filed at:   2026-06-04T15:19:09+00:00
Accession:  0001628280-26-040657
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Highwater Ethanol sells $14.3M of 2025 45Z tax credits to N.D. bank; buyer gets ROFR on future credits
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- Sold $14,307,388 of 2025 Section 45Z clean fuel production tax credits to a North Dakota banking corporation (buyer undisclosed).
- Purchase Price paid in cash on May 29, 2026; price ratio not disclosed.
- Buyer granted right of first refusal on up to $14M/year of 2026-2029 45Z credits on same terms.
- Conditions included binding tax credit insurance policy, PWA compliance, and verified emissions rate.
- Agreement may be terminated by mutual consent or by non-defaulting party on breach.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1371451/000162828026040657/0001628280-26-040657-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1371451/000162828026040657/highwater-20260529.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-040657

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