{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-010172","form_type":"8-K","ticker":"AREC","cik":"0001590715","company_name":"American Resources Corp","filed_at":"2023-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.461264+00:00","generated_at":"2026-06-12T06:01:47.230057+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"AREC subsidiary to sell Deane Mining assets for $20.6M enterprise value","bullets":["Binding LOI with Integrity Carbon Solutions for Deane Mining complex assets.","$1M upfront cash ($200k deposit received, $800k at closing) plus $500k quarterly for 21 quarters.","Buyer to assume ~$9.1M in environmental reclamation bonds.","CEO cites sale as non-core asset unlock; also notes ongoing spin-offs of ReElement Technologies and American Carbon."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-010172","json":"https://secwatch.observer/filing/0001654954-23-010172.json","markdown":"https://secwatch.observer/filing/0001654954-23-010172.md","text":"https://secwatch.observer/filing/0001654954-23-010172.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590715/000165495423010172/0001654954-23-010172-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590715/000165495423010172/arec_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T06:01:47.230057+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":"5c6653c1a9fdaddd9655f29f2757a2d3f3add949","claim":"American Resources Corp entered into Letter of Intent with Integrity Carbon Solutions LLC (ICS) valued at approximately $20,600,000 of enterprise value (effective 2023-08-01).","evidence_excerpt":"On August 1, 2023 American Resources Corporation (“American Resources” or the “Company”), received a deposit (“Deane Deposit”) whereby entering the Company’s subsidiary, American Carbon Corporation (“American Carbon” or “ACC”), into a binding letter of intent (“Letter of Intent”) to sell certain assets associated to its Deane Mining complex to Integrity Carbon Solutions LLC (“Integrity” or “ICS”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1590715/000165495423010172/0001654954-23-010172-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Integrity Carbon Solutions LLC (ICS)"},{"label":"Value","value":"approximately $20,600,000 of enterprise value"},{"label":"Effective","value":"2023-08-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}