---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-020184"
form_type: "8-K"
ticker: "AQMS"
cik: "0001621832"
company_name: "Aqua Metals, Inc."
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:24:00.608453+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aqua Metals prices $17.4M public offering of 15.82M shares at $1.10/share

## Summary
- Underwritten offering of 15,820,000 shares at $1.10/share; gross proceeds ~$17.4M.
- Underwriter granted 30-day option for up to 2,373,000 additional shares.
- Closing expected July 21, 2023; The Benchmark Company acting as sole book-runner.
- Proceeds for working capital, Phase One build-out of Nevada recycling campus, and general corporate purposes.

## SEC filing metadata
- accession: 0001437749-23-020184
- form_type: 8-K
- ticker: AQMS
- cik: 0001621832
- company_name: Aqua Metals, Inc.
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1621832/000143774923020184/0001437749-23-020184-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1621832/000143774923020184/aqms20230718_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-020184
- JSON: https://secwatch.observer/filing/0001437749-23-020184.json
- Plain text: https://secwatch.observer/filing/0001437749-23-020184.txt

## Key facts
- Material Agreements
  Aqua Metals, Inc. entered into Underwriting Agreement with The Benchmark Company, LLC valued at $17,402,000 (effective 2023-07-18).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: The Benchmark Company, LLC
  - Value: $17,402,000
  - Effective: 2023-07-18
  source text: On July 18, 2023, Aqua Metals, Inc. (the “Company”) entered into an Underwriting Agreement (the “Agreement”) with The Benchmark Company, LLC (the “Underwriter”) relating to an underwritten offering (the “Offering”) of 15,820,000 shares (“Shares”) of common stock of the Company (“Common Stock”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1621832/000143774923020184/0001437749-23-020184-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.