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( Mark One ) ANNUAL REPORT UNDER SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 TRANSITION REPORT UNDER SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K Title of each class Commission file number 000-55456 AMERICAN RESOURCES Florida ( State or jurisdiction of Incorporation or organization CORPORATION ( Exact Name of Registrant as specified in its charter ) 12115 Visionary Way Fishers , Indiana ( Address of principal executive offices ) to Class A Common , $ 0.0001 Par Value Warrant 46038 ( Zip Code ) Registrant's telephone number , including area code : 317-855-9926 Securities registered under Section 12 ( b ) of the Exchange Act : Title of each class Name of each exchange on which registered Trading Symbol ( s ) AREC ARECW 46-3914127 ( I.R.S Employer Identification No. ) Name of each exchange on which registered NASDAQ Capital Market NASDAQ Capital Market Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark whether the registrant is not required to file reports pursuant to Section 13 or 15 ( d ) of the Exchange Act . Yes > No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site , if any , every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit and post such files ) . Yes No Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation s - K ( § 229.405 of this chapter is not contained herein and will not be contained to the best of registrant's knowledge , in definitive proxy or information statements incorporated by reference in Part III of this Form 10 - K or any amendment to this Form 10 - K . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , or a smaller reporting company . See the definitions of " large accelerated filer " , " accelerated filer " " smaller reporting company " in Rule 12b - 2 of the Exchange Act .