secwatch.observer — SEC 8-K summary
======================================

Issuer:     American Resources Corp (AREC)
CIK:        0001590715
Form:       8-K
Filed at:   2025-10-17T23:59:59+00:00
Accession:  0001654954-25-011908
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Resources Corp. raises ~$40M in private placement of common stock and pre-funded warrants
--------------------------------------------------------------------------------

- Offering: 2,661,764 shares at $5.10 and 5,181,374 pre-funded warrants at $5.0999 each, ~$40M gross proceeds.
- Maxim Group LLC acts as sole placement agent; receives 7% cash fee and up to $100,000 expense reimbursement.
- Net proceeds for domestic critical mineral processing (coal waste extraction), corporate development, and working capital.
- Directors and officers enter 60-day lock-up; company restricted from issuing equity or filing registration statements for 60 days post-close.
- Resale registration statement to be filed within 10 days of closing; target effectiveness within 30-60 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590715/000165495425011908/0001654954-25-011908-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590715/000165495425011908/arec_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-011908

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer