secwatch.observer — SEC 8-K summary
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Issuer:     American Resources Corp (AREC)
CIK:        0001590715
Form:       8-K/A
Filed at:   2025-10-15T23:59:59+00:00
Accession:  0001654954-25-011782
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Resources Corp. raises $33.7M in common stock private placement at $3.55/share
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- Sold 9,480,282 shares at $3.55 per share, gross proceeds of approximately $33.7 million.
- Proceeds to fund domestic critical mineral processing, coal waste extraction, and a 10k MT magnet manufacturing facility.
- Maxim Group LLC acted as sole placement agent; cash fee of 7% of gross proceeds plus up to $100k expense reimbursement.
- Directors and officers subject to 60-day lock-up; company restricted from equity issuances for same period.
- Company to file resale registration statement for the shares within 15 days of closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590715/000165495425011782/0001654954-25-011782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590715/000165495425011782/arec_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-011782

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