---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-006926"
form_type: "8-K"
ticker: "ABAT"
cik: "0001576873"
company_name: "AMERICAN BATTERY TECHNOLOGY Co"
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T09:44:25.091455+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ABTC acquires recycling facility for $27M and signs $20M pre-payment term sheet with TechMet-Mercuria

## Summary
- Purchased industrial equipment from LiNiCo for $6M; facility purchase expected to close by March 31 for $21M.
- $1.5M of purchase price held in escrow for up to 18 months for indemnification claims.
- Signed term sheet with TechMet-Mercuria for $20M non-dilutive pre-payment for recycled battery metal products.
- First integrated recycling facility designed to process over 20,000 MT of battery feedstock per year.
- Term sheet includes marketing arrangement; definitive documents expected in coming weeks.

## SEC filing metadata
- accession: 0001493152-23-006926
- form_type: 8-K
- ticker: ABAT
- cik: 0001576873
- company_name: AMERICAN BATTERY TECHNOLOGY Co
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1576873/000149315223006926/0001493152-23-006926-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1576873/000149315223006926/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-006926
- JSON: https://secwatch.observer/filing/0001493152-23-006926.json
- Plain text: https://secwatch.observer/filing/0001493152-23-006926.txt

## Key facts
- Material Agreements
  AMERICAN BATTERY TECHNOLOGY Co entered into Agreements with LiNiCo Corporation valued at $6 million (effective 2023-03-01).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: LiNiCo Corporation
  - Value: $6 million
  - Effective: 2023-03-01
  source text: On March 1, 2023, American Battery Technology Company (the “Company”) and LiNiCo Corporation (“LiNiCo”) entered into an asset purchase agreement and membership interest purchase agreement (collectively referred herein as the “Agreements”) for the purchase of a commercial hazardous waste recycling facility
  evidence_url: https://www.sec.gov/Archives/edgar/data/1576873/000149315223006926/0001493152-23-006926-index.htm

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