secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN BATTERY TECHNOLOGY Co (ABAT)
CIK:        0001576873
Form:       8-K
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0001493152-23-010844
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ABML raises $10M in registered direct offering of shares and warrants
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- Sold 14,285,715 shares plus Series A/B warrants at $0.70 combined; gross proceeds $10M.
- Series A warrants exercisable at $0.80, 5-year term; Series B at $0.70, 18-month term.
- Net proceeds for working capital and to finalize purchase of commercial-scale battery recycling facility in TRIC, Nevada.
- H.C. Wainwright acted as placement agent; receives 7.5% cash fee plus warrants to purchase 857,143 shares at $0.875.
- Offering closed March 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576873/000149315223010844/0001493152-23-010844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576873/000149315223010844/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-010844

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