secwatch.observer — SEC 8-K summary
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Issuer:     Aqua Metals, Inc. (AQMS)
CIK:        0001621832
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0001437749-24-016835
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aqua Metals prices $7M public offering of 17.5M shares and warrants at $0.39/share; also discloses $33M term sheet
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- Issued 17.5M common shares at $0.39 and 17.5M warrants at $0.01, gross proceeds $7M.
- Offering includes 30-day over-allotment option for up to 2.625M additional shares and warrants.
- Proceeds for working capital and to support $33M non-binding term sheet for secured credit facility.
- All officers/directors and longtime stockholder PADNOS participated in the offering.
- Closing expected May 17, 2024; warrants exercisable at $0.39, expire in 5 years, not listed on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1621832/000143774924016835/0001437749-24-016835-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1621832/000143774924016835/aqms20240514_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-016835

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