{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-008559","form_type":"8-K","ticker":"AREC","cik":"0001590715","company_name":"American Resources Corp","filed_at":"2024-07-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.675416+00:00","generated_at":"2026-05-31T23:46:12.327950+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"American Resources subsidiary to merge with SPAC AITR in $100M deal plus up to $70M earnout","bullets":["American Metals LLC, subsidiary of American Resources, entered Business Combination Agreement with AI Transportation Acquisition Corp (AITR) and Electrified Materials Corp (Pubco) on June 28, 2024.","Consideration: $100M in Pubco common stock at $10/share plus up to $70M earnout tied to revenue targets of $37.9M and $42.8M.","AITR will domesticate from Cayman Islands to Delaware; three-step merger structure involves Merger Sub 1 and Merger Sub 2.","Closing conditions include SEC registration statement effectiveness, shareholder approval, Nasdaq listing, and minimum $5M net tangible assets.","Lock-up agreements for 6 months for certain securityholders; outside date to close is May 10, 2025 (extendable)."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-008559","json":"https://secwatch.observer/filing/0001654954-24-008559.json","markdown":"https://secwatch.observer/filing/0001654954-24-008559.md","text":"https://secwatch.observer/filing/0001654954-24-008559.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1590715/000165495424008559/0001654954-24-008559-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1590715/000165495424008559/arec_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T23:46:12.327950+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"}