Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
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
Exact text from the filing
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 recycling facility in the Tahoe-Reno Industrial Center located at 2500 Peru Drive, McCarran, Nevada (the “Recycling Facility”) and related industrial equipment. Pursuant to the Agreements, the Company acquired the industrial equipment from LiNiCo on March 1, 2023, for the purchase price of $6 million.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
AMERICAN BATTERY TECHNOLOGY Co amended First Amendment with LiNiCo Corporation valued at $5,000,000 and 10,000,000 shares of restricted common stock (effective 2023-04-06).
- Action
- amendment
- Agreement
- asset purchase
- Counterparty
- LiNiCo Corporation
- Value
- $5,000,000 and 10,000,000 shares of restricted common stock
- Effective
- 2023-04-06
Exact text from the filing
on April 6, 2023, the Company and LiNiCo amended and restated the Agreements (the “First Amendment”) in order to enter into a pre-closing lease. The First Amendment obligated the Company to make an immediate cash payment of $5,000,000 and 10,000,000 shares of restricted common stock of the Company towards the closing of the purchase of the Recycling Facility, and a second cash payment of $10,000,000 by April 21, 2023 (the “Second Payment”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.7
AMERICAN BATTERY TECHNOLOGY Co entered into pre-closing lease with LiNiCo Corporation (effective 2023-04-21).
- Action
- entry
- Agreement
- lease
- Counterparty
- LiNiCo Corporation
- Effective
- 2023-04-21
Exact text from the filing
nd LiNiCo Corporation (“LiNiCo”) entered into an asset purchase agreement and membership interest purchase agreement (collectively
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
AMERICAN BATTERY TECHNOLOGY Co amended Second Amendment with LiNico Corporation valued at $7,000,000 and $3,000,000 (effective 2023-04-21).
- Action
- amendment
- Agreement
- asset purchase
- Counterparty
- LiNico Corporation
- Value
- $7,000,000 and $3,000,000
- Effective
- 2023-04-21
Exact text from the filing
on April 21, 2023, the Company and LiNico entered into an additional amendment to the Agreements (the “Second Amendment”) for the acquisition of the Recycling Facility and related industrial equipment. The Second Amendment modified the terms of the parties' agreement for the Second Payment of $10,000,000 by requiring that $7,000,000 be delivered to LiNiCo by April 21, 2023, and the final $3,000,000 be delivered by May 12, 2023.
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