Aqua Metals raises $1.5M via secured notes (20% interest) and 750k warrants at $1.92

Aqua Metals, Inc.

Aggregate principal amount of $1,500,000 from eight accredited investors; officers/directors purchased $850,000.
Notes accrue interest at 20% per annum; entire principal plus interest due Dec 31, 2025.
Warrants to purchase 750,000 shares at $1.92 per share, exercisable over five years.
Notes secured by first lien on strategic metal inventory and second lien on all other assets.
Private placement closed Dec 19, 2024; issuance exempt under Section 4(a)(2) and Rule 506.

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