---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-009023"
form_type: "8-K"
ticker: "LODE"
cik: "0001120970"
company_name: "Comstock Inc."
filed_at: "2025-03-25T23:59:59+00:00"
generated_at: "2026-05-24T05:30:25.684532+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Comstock issues 985k shares to AST, modifies payment terms, eliminates monthly cash obligations

## Summary
- Second amendment requires Comstock to issue 985,000 shares to AST within 5 business days of March 20, 2025.
- Cash payment of up to $2,935,386 (net of share sale proceeds) plus expenses and 12% interest due by November 15, 2025; monthly payments stopped.
- If unsold shares plus net proceeds exceed closing costs, AST must return excess shares/cash to Comstock.
- Press release says settlements with original founders eliminate regular cash payments, enhance liquidity and financial flexibility.
- Metals segment fully operational with real-time revenue growth; fuels segment secured support agreements and investments.

## SEC filing metadata
- accession: 0001437749-25-009023
- form_type: 8-K
- ticker: LODE
- cik: 0001120970
- company_name: Comstock Inc.
- filed_at: 2025-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120970/000143774925009023/0001437749-25-009023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120970/000143774925009023/lode20250320_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-009023
- JSON: https://secwatch.observer/filing/0001437749-25-009023.json
- Plain text: https://secwatch.observer/filing/0001437749-25-009023.txt

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