secwatch / observer
8-K filed October 5, 2023, 7:59 PM ET CIK 0001807707
other material confidence high sentiment negative materiality 0.90

AppHarvest, Inc.: M&A transaction — AppHarvest closes $113M asset sale to Equilibrium; CSO Jonathan Webb terminated

AppHarvest, Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jonathan Webb

Chief Strategy Officer
AppHarvest, Inc.
Effective
2023-09-29
Filed
October 5, 2023, 7:59 PM ET
notified Jonathan Webb, previously a named executive officer who had been serving as the Company’s Chief Strategy Officer and a member of the Company’s Board of Directors (the “ Board ”), that his employment as Chief Strategy Officer of the Company would terminate without cause, effective September 29, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan Webb was terminated as Chief Strategy Officer at AppHarvest, Inc..

Action
terminated
Role
Chief Strategy Officer
Exact text from the filing
notified Jonathan Webb, previously a named executive officer who had been serving as the Company’s Chief Strategy Officer and a member of the Company’s Board of Directors (the “ Board ”), that his employment as Chief Strategy Officer of the Company would terminate without cause, effective September 29, 2023.
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

AppHarvest, Inc. completed a disposition involving CEFF II AppHarvest Holdings, LLC for credit bid in the amount of $113,179,726 (closed 2023-09-29).

Action
disposition
Counterparty
CEFF II AppHarvest Holdings, LLC
Consideration
credit bid in the amount of $113,179,726
Closing
2023-09-29
Exact text from the filing
assets related to the Richmond Business and Morehead Business (each as defined in the Stalking Horse APA, and collectively, the “ Assets ”) for a credit bid in the amount of $113,179,726. On September 19, 2023, the United States Bankruptcy Court for the Southern District of Texas approved the sale. On September 29, 2023, the Sellers and Equilibrium consummated
View on SEC.gov

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Source: SEC EDGAR
accession 0001807707-23-000130
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