{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-001300","form_type":"8-K","ticker":"AREC","cik":"0001590715","company_name":"American Resources Corp","filed_at":"2023-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.733423+00:00","generated_at":"2026-06-20T00:04:22.721934+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"American Resources reduces debt by $9.9M as convertible holder converts to equity","bullets":["Golden Properties converts $9,891,241 of senior convertible debentures into 9,420,230 shares of class A common stock.","Conversion eliminates all remaining convertible debt, strengthening the company's capitalization structure.","Golden Properties becomes the largest equity holder, signaling long-term confidence in AREC.","Debentures were due March 31, 2023; conversion completed in January/February 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-001300","json":"https://secwatch.observer/filing/0001654954-23-001300.json","markdown":"https://secwatch.observer/filing/0001654954-23-001300.md","text":"https://secwatch.observer/filing/0001654954-23-001300.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590715/000165495423001300/0001654954-23-001300-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590715/000165495423001300/arec_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T00:04:22.721934+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":"ffee7bf25967fd6b6e84d63dbe50c8ad3fea64ed","claim":"American Resources Corp entered into Notice of Conversion agreement with Golden Properties Ltd. valued at $9,891,241.12 (effective 2023-01-31).","evidence_excerpt":"On January 31, 2023, American Resources Corporation (“American Resources” or the “Company”) entered into a Notice of Conversion agreement ( the “Agreement”) with Golden Properties Ltd. (“ Golden Properties”) related to the conversion of the balance of Senior Convertible Debentures due March 31, 2023 of American Resources, held by Golden Properties, into shares of class A common stock of the Company.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590715/000165495423001300/0001654954-23-001300-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Golden Properties Ltd."},{"label":"Value","value":"$9,891,241.12"},{"label":"Effective","value":"2023-01-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}