{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-002591","form_type":"8-K","ticker":"AREC","cik":"0001590715","company_name":"American Resources Corp","filed_at":"2024-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.726529+00:00","generated_at":"2026-06-05T03:48:20.326289+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"American Resources receives unsolicited proposal to spin off subsidiaries; ReElement valued at $300M","bullets":["Unsolicited letter from shareholder/former board member proposes spinout/sale of American Carbon, ReElement, and Novusterra.","ReElement term sheet: pre-money valuation $300M, financing $7M-$50M in common stock.","Management participation in ReElement round required; certain members agreeable.","Post-spinout, company would focus on critical mineral industry growth; proposal under review."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-002591","json":"https://secwatch.observer/filing/0001654954-24-002591.json","markdown":"https://secwatch.observer/filing/0001654954-24-002591.md","text":"https://secwatch.observer/filing/0001654954-24-002591.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590715/000165495424002591/0001654954-24-002591-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590715/000165495424002591/arec_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T03:48:20.326289+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"}