{"schema_version":"secwatch.filing_event.v1","accession":"0001807707-23-000057","form_type":"8-K","ticker":null,"cik":"0001807707","company_name":"AppHarvest, Inc.","filed_at":"2023-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.699525+00:00","generated_at":"2026-06-14T07:29:56.131907+00:00","sec_items":["2.04"],"event_type":"debt","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"AppHarvest receives $66.7M debt acceleration demand; lender files foreclosure on Richmond farm","bullets":["CEFF demanded immediate repayment of $66.7M (principal + accrued interest) under Equilibrium Credit Agreement; default rate rises to 13.0%.","Lender filed foreclosure complaint in Kentucky Madison County Circuit on Richmond farm and pledged ownership interests.","Cross-default with Rabo AgriFinance (Rabo Credit Agreement, $69.4M outstanding) could trigger acceleration and foreclosure on Morehead, KY farm.","Company states unresolved defaults would have material adverse effect on liquidity and could cause bankruptcy or insolvency.","AppHarvest is working with Equilibrium on a resolution but cannot guarantee timely or favorable terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001807707-23-000057","json":"https://secwatch.observer/filing/0001807707-23-000057.json","markdown":"https://secwatch.observer/filing/0001807707-23-000057.md","text":"https://secwatch.observer/filing/0001807707-23-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000057/0001807707-23-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000057/apph-20230530.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T07:29:56.131907+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":"36041dcfaf194be9151422db07a151fbdf95c796","claim":"AppHarvest, Inc. faced acceleration on credit facility of $66.7 million with CEFF II AppHarvest Holdings, LLC at default rate of 13.0%.","evidence_excerpt":"from CEFF based on the events of default previously asserted in the Notice of Default. Pursuant to the Notice of Acceleration, CEFF demanded immediate repayment of $66.7 million, consisting of principal and accrued interest, as well as repayment of any additional fees, costs, charges and other obligations as may be payable or become payable under the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000057/0001807707-23-000057-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$66.7 million"},{"label":"Counterparty","value":"CEFF II AppHarvest Holdings, LLC"},{"label":"Rate","value":"default rate of 13.0%"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}