{"schema_version":"secwatch.filing_event.v1","accession":"0001807707-23-000104","form_type":"8-K","ticker":null,"cik":"0001807707","company_name":"AppHarvest, Inc.","filed_at":"2023-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.336548+00:00","generated_at":"2026-06-13T04:22:55.549578+00:00","sec_items":["1.01","1.03","2.03","2.04","3.01","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"AppHarvest files Chapter 11 bankruptcy, will sell substantially all assets; Nasdaq delisting notice received","bullets":["Filed Chapter 11 petitions on July 23, 2023; intends to sell substantially all assets during proceedings.","Entered $2.69M bridge loan from Equilibrium at 10% interest, due July 24, 2023, subject to Bankruptcy Court approval.","Received Nasdaq delisting notice; trading suspended Aug 2, 2023; Form 25-NSE to be filed.","Company warns common stock holders may receive no distribution.","Existing debt instruments accelerated by bankruptcy filing; efforts to enforce stayed."],"urls":{"canonical":"https://secwatch.observer/filing/0001807707-23-000104","json":"https://secwatch.observer/filing/0001807707-23-000104.json","markdown":"https://secwatch.observer/filing/0001807707-23-000104.md","text":"https://secwatch.observer/filing/0001807707-23-000104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000104/0001807707-23-000104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000104/apph-20230719.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T04:22:55.549578+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":"59a6cced43233faa3f0a47b3f2373ee4455767b9","claim":"AppHarvest, Inc. faced acceleration on credit facility with Greater Nevada Credit Union.","evidence_excerpt":"• that certain Credit Agreement, dated as of July 29, 2022, by and among Greater Nevada Credit Union (“ GNCU ”), AppHarvest Operations, Inc., and AppHarvest Pulaski Farm, LLC (as amended or supplemented prior to the date hereof)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000104/0001807707-23-000104-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"Greater Nevada Credit Union"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"5b393b8f404a206c13b041e63d9b16a2046deea3","claim":"AppHarvest, Inc. faced acceleration on credit facility with Rabo AgriFinance LLC.","evidence_excerpt":"• that certain Credit Agreement, dated as of June 15, 2021, by and between AppHarvest Morehead Farm, LLC, and Rabo AgriFinance LLC (“ Rabo ”), (as amended by that certain First Amendment to Master Credit Agreement, dated as of March 31, 2023 and as further amended or supplemented from time to time prior to the date hereof)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000104/0001807707-23-000104-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"Rabo AgriFinance LLC"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"823026c9d2a77e5431d49419cb0c2f4e7387686f","claim":"AppHarvest, Inc. incurred loan of $2,690,000 with Equilibrium at 10.0% maturing July 24, 2023.","evidence_excerpt":"On July 19, 2023, AppHarvest, Inc., (the “ Company ”) entered into a certain Secured Promissory Note and Loan Agreement (the “ Note ”) with Equilibrium (as defined below), pursuant to which Equilibrium agreed to provide the Company with a loan in the principal amount of $2,690,000 (the “ Bridge Loan ”). The Bridge Loan shall bear interest on the unpaid principal amount thereof at a rate per annum equal to 10.0% and has a maturity date of July 24, 2023.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000104/0001807707-23-000104-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$2,690,000"},{"label":"Counterparty","value":"Equilibrium"},{"label":"Rate","value":"10.0%"},{"label":"Maturity","value":"July 24, 2023"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ec40d53d1ffa06cdb1c40a655fb05ec729ef81d5","claim":"AppHarvest, Inc. faced acceleration on credit facility with Equilibrium.","evidence_excerpt":"• that certain Credit Agreement, dated as of July 23, 2021, by and between AppHarvest Richmond Farm, LLC and Equilibrium (as amended by that certain First Amendment to Credit Agreement, dated as of July 29, 2021, that certain Second Amendment to Credit Agreement, dated as of July 29, 2022, that certain Waiver and Third Amendment to Credit Agreement, dated as of December 21, 2022, and as further amended or supplemented from time to time prior to the date hereof)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000104/0001807707-23-000104-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"Equilibrium"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"},{"claim_id":"25b17d8360e5adde1024068a095d880ac1bc6aa5","claim":"AppHarvest, Inc. entered chapter 11 in United States Bankruptcy Court for the Southern District of Texas (petition 2023-07-23).","evidence_excerpt":"On July 23, 2023, the Debtors named in Exhibit 99.1 filed voluntary petitions for relief under chapter 11 of Title 11 of the United States Code (the “ Bankruptcy Code ”) in the United States Bankruptcy Court for the Southern District of Texas (the “ Bankruptcy Court ”) thereby commencing chapter 11 cases for the Debtors (the “ Chapter 11 Cases ”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000104/0001807707-23-000104-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 11"},{"label":"Court","value":"United States Bankruptcy Court for the Southern District of Texas"},{"label":"Petition","value":"2023-07-23"}],"fact_type":"distress_event"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}