Key facts
- This page summarizes Alterna Core Capital Assets Fund II, L.P.'s Form 4 filing for Midwest Energy Emissions Corp. (BCHT).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 01 Nov 2022, 14:36.
Alterna Core Capital Assets Fund II, L.P. - 28 Oct 2022 Form 4 Insider Report for Midwest Energy Emissions Corp. (BCHT)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- BCHT
- Reported as of
- 28 Oct 2022
- Net transaction value
- $0
- Reporting owner signature
- Earle Goldin
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Alterna Core Capital Assets Fund II, L.P. filed Form 4 for Midwest Energy Emissions Corp. (BCHT) on 01 Nov 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MEEC
transaction
Derivative
Call Option (obligation to sell)
Sale
- Transaction value
- $0
- Shares
- -11,700,000
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 11,700,000
- Date
- 28 Oct 2022
- Ownership
- By AC Midwest Energy LLC
- Underlying class
- Common Stock
- Underlying amount
- 11,700,000
- Exercise price
- $0.5000
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
On October 28, 2022, the Issuer and AC Midwest LLC ("AC Midwest") entered into a Repurchase Option Agreement pursuant to which AC Midwest granted the Issuer a call option (the "Call Option") to repurchase up to 11,700,000 shares of the Issuer's common stock, par value $0.001 per share (the "Common Stock") at a repurchase price of $0.50 per share. The Call Option is exercisable through the earlier of (i) the date on which AC Midwest no longer holds in excess of 5% of the Company's issued and outstanding shares of Common Stock, and (ii) August 25, 2025.
Footnote F2
This statement is jointly filed by and on behalf of each of Alterna Core Capital Assets Fund II, L.P. ("Fund II"), Alterna Capital Partners LLC ("Alterna"), Alterna General Partner II LLC ("Fund II General Partner"), AC Midwest, Eric M. Press, Roger P. Miller and Earle Goldin. AC Midwest is the record and direct beneficial owner of the securities covered by this statement. Fund II owns all of the outstanding equity interests of AC Midwest and may be deemed to beneficially own securities held by AC Midwest.
Footnote F3
Alterna, in its capacity as investment adviser to Fund II, has the ability to direct the investment decisions of the Fund II, including the power to vote and dispose of securities held by AC Midwest and may be deemed to beneficially own securities held by AC Midwest. Fund II General Partner, in its capacity as the general partner of Fund II, has the ability to direct the management of Fund II's business, including the power to direct the decisions of Fund II regarding the vote and disposition of securities held by AC Midwest and may be deemed to beneficially own securities held by AC Midwest.
Footnote F4
Each of Messrs. Press, Miller and Goldin, by virtue of their role as managing partners of Alterna, may be deemed to have shared power regarding the vote and disposition of securities held by AC Midwest and may be deemed to beneficially own securities held by AC Midwest.