{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-008494","form_type":"8-K","ticker":"AREC","cik":"0001590715","company_name":"American Resources Corp","filed_at":"2023-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.558485+00:00","generated_at":"2026-06-13T15:31:50.663324+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"American Resources receives $260M unsolicited bid for American Carbon; board rejects it","bullets":["Unsolicited bid valued American Carbon at ~$260M implied enterprise value with $12M cash upfront, debt assumption, and royalty stream over 12 years.","Board and Strategic Committee rejected bid due to uncertainty of achieving full value under proposed payment duration and structure.","Company remains committed to monetizing American Carbon via sale, lease, or production expansion.","Expansion plans at McCoy Elkhorn and Wyoming County Coal continue, supported by $45M tax-exempt bond financing closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-008494","json":"https://secwatch.observer/filing/0001654954-23-008494.json","markdown":"https://secwatch.observer/filing/0001654954-23-008494.md","text":"https://secwatch.observer/filing/0001654954-23-008494.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590715/000165495423008494/0001654954-23-008494-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590715/000165495423008494/arec_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T15:31:50.663324+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}