SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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Item 1.01 Entry into a Material Definitive Agreement.
As previously reported, on August 30, 2022, AC Midwest Energy LLC (“AC Midwest”), which has been the principal lender to Midwest Energy Emissions Corp. (the “Company”), agreed to an extension of the maturity date of the outstanding unsecured and secured debt held by AC Midwest from August 25, 2022 to September 30, 2022. Such extension was expected to provide the Company sufficient time in which to conclude the process of negotiating certain changes and modifications to such financing arrangements as previously reported. Such process has not yet been concluded and, as a result, on September 28, 2022, AC Midwest agreed to an additional short-term extension of such maturity date from September 30, 2022 to October 31, 2022. The Company expects to be able to conclude the process and finalize such changes and modifications to such financing arrangements prior to October 31, 2022.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth in Item 1.01 is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
Cover Page Interactive Data File (embedded within the Inline XBRL document)
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Midwest Energy Emissions Corp.
Date: September 30, 2022
/s/ David M. Kaye
David M. Kaye