secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERICAN BATTERY MATERIALS, INC. (BLTH)
CIK:        0001487718
Form:       8-K
Filed at:   2022-02-02T23:59:59+00:00
Accession:  0001213900-22-005042
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BoxScore Brands issues $50,000 convertible note to fund operations
------------------------------------------------------------------

- Issued $50,000 convertible note on Jan 28, 2022 to Adam Lipson for operations.
- Note bears 9.5% interest if paid in cash or 15% if paid in stock; maturity 730 days.
- Conversion price $0.03 per share; includes 4.99% beneficial ownership limitation.
- Company may prepay after 365 days; holder can choose cash or stock upon prepayment.
- Note is senior secured debt with priority lien on all assets of the company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487718/000121390022005042/0001213900-22-005042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487718/000121390022005042/ea154829-8k_boxscore.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-005042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer