{"schema_version":"secwatch.filing_event.v1","accession":"0001807707-23-000110","form_type":"8-K","ticker":null,"cik":"0001807707","company_name":"AppHarvest, Inc.","filed_at":"2023-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.336750+00:00","generated_at":"2026-06-12T23:14:51.570275+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"AppHarvest enters Chapter 11 restructuring with $29.6M DIP facility from Equilibrium","bullets":["Restructuring Support Agreement signed July 24; Chapter 11 cases to be filed in Bankruptcy Court.","DIP facility of $29.6M (12% interest) from Equilibrium; includes $24.3M new money plus roll-up loan.","Stalking horse asset purchase agreement for certain facilities; Berea facility transferred to Mastronardi Berea for $3.75M.","Immediate $2M advance on July 26; additional $6M conditional, then two more draws totaling balance.","Company warns trading in securities is highly speculative during Chapter 11 pendency."],"urls":{"canonical":"https://secwatch.observer/filing/0001807707-23-000110","json":"https://secwatch.observer/filing/0001807707-23-000110.json","markdown":"https://secwatch.observer/filing/0001807707-23-000110.md","text":"https://secwatch.observer/filing/0001807707-23-000110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000110/0001807707-23-000110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000110/apph-20230724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:14:51.570275+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":"057d1972a62304044f9759aa5e90cf34d0b79c15","claim":"AppHarvest, Inc. amended credit facility of $2,000,000, $6,000,000, $4 million, and the remaining balance with Equilibrium at 12.0% (referenced from DIP Credit Agreement, unchanged) maturing same as DIP Credit Agreement, referenced.","evidence_excerpt":"shall be made available in multiple draws over the term of the DIP Facility. Pursuant to the terms and conditions of the Amended DIP Credit Agreement, the Lender advanced $2,000,000 to the Company on July 26, 2023 and shall advance an additional $6,000,000 upon the satisfaction of certain terms in the Amended DIP Credit Agreement (such advances, collectively,","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000110/0001807707-23-000110-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$2,000,000, $6,000,000, $4 million, and the remaining balance"},{"label":"Counterparty","value":"Equilibrium"},{"label":"Rate","value":"12.0% (referenced from DIP Credit Agreement, unchanged)"},{"label":"Maturity","value":"same as DIP Credit Agreement, referenced"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"73527458d70a9b4f7e4afc7e1e56142d63b89dfa","claim":"AppHarvest, Inc. amended First Amendment to Credit Agreement with DIP Parties (Debtors and Equilibrium) (effective 2023-07-26).","evidence_excerpt":"On July 26, 2023, the DIP Parties entered into that certain First Amendment to Credit Agreement (the “ DIP Amendment ”, and together with the DIP Credit Agreement, the “ Amended DIP Credit Agreement ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000110/0001807707-23-000110-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"DIP Parties (Debtors and Equilibrium)"},{"label":"Effective","value":"2023-07-26"}],"fact_type":"material_agreement"},{"claim_id":"7b50836a94ac38fc3e917ba52b587c9ef90584f8","claim":"AppHarvest, Inc. entered into Restructuring Support Agreement with CEFF II AppHarvest Holdings, LLC, Mastronardi Produce Limited, Mastronardi Berea LLC (effective 2023-07-24).","evidence_excerpt":"On July 24, 2023, AppHarvest, Inc., (the “ Company ”) entered into a Restructuring Support Agreement (including all exhibits thereto, collectively, the “ RSA ”) with (i) each of its affiliates (as set forth in the RSA, and together with the Company, the “ Debtors ”), (ii) CEFF II AppHarvest Holdings, LLC (“ Equilibrium ”); (iii) Mastronardi Produce Limited (“ Mastronardi ”); and (iv) Mastronardi Berea LLC (“ Mastronardi Berea ”, and together with Equilibrium and Mastronardi, the “ Non-Company Parties ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000110/0001807707-23-000110-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"CEFF II AppHarvest Holdings, LLC, Mastronardi Produce Limited, Mastronardi Berea LLC"},{"label":"Effective","value":"2023-07-24"}],"fact_type":"material_agreement"},{"claim_id":"b31273d03b5e5f26577fe2e77becad48a02702ba","claim":"AppHarvest, Inc. entered into Senior Secured Super-Priority Debtor-In-Possession Credit Agreement with Equilibrium (as lender) valued at up to approximately $24.3 million (effective 2023-07-25).","evidence_excerpt":"On July 25, 2023, the Company, as borrower, and its Debtor affiliates, as guarantors, entered into that certain Senior Secured Super-Priority Debtor-In-Possession Credit Agreement (the “ DIP Credit Agreement ”) with Equilibrium, as lender (the “ Lender ”, and together with the Company and its Debtor affiliates, the “ DIP Parties ”), pursuant to which the Lender agreed to provide the Company with a debtor-in-possession, super-priority, senior secured loan credit facility (the “ DIP Facility ”) which consists of (i) a new money multiple-draw delayed draw term loan (“ New Money Facility ”) in the initial aggregate principal amount of up to approximately $24.3 million and (ii) a loan in an amount equal to the Roll-Up Loan Amount (as defined in the DIP Credit Agreement).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1807707/000180770723000110/0001807707-23-000110-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Equilibrium (as lender)"},{"label":"Value","value":"up to approximately $24.3 million"},{"label":"Effective","value":"2023-07-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}