secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN BATTERY TECHNOLOGY Co (ABAT)
CIK:        0001576873
Form:       8-K
Filed at:   2023-04-07T23:59:59+00:00
Accession:  0001493152-23-011312
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

American Battery Technology amends LiNiCo deal with $15M cash plus 10M shares for recycling facility
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- Amended agreement includes immediate $5M cash and 10M shares of restricted common stock.
- Additional $10M cash payment due by April 21, 2023.
- $1.5M of purchase price held in escrow for up to 18 months for indemnification claims.
- Pre-closing lease grants immediate and unlimited access to the Tahoe-Reno facility starting April 21, 2023.
- Facility located at 2500 Peru Drive, McCarran, Nevada; company to install lithium-ion battery recycling technologies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576873/000149315223011312/0001493152-23-011312-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576873/000149315223011312/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-011312

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