secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN BATTERY TECHNOLOGY Co (ABAT)
CIK:        0001576873
Form:       8-K
Filed at:   2023-05-17T23:59:59+00:00
Accession:  0001493152-23-017932
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

American Battery Technology amends LiNiCo asset purchase; enters $15M sale-leaseback for recycling facility
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- Amended purchase agreement: $1M due May 12, $2M by May 26, plus additional 1M shares (total 11M common shares).
- Sale-leaseback with Bow River Capital: $15M purchase price, 5-year repurchase option, ~$1.4M/yr lease for 15 years.
- Closing conditioned on affiliate receiving at least $6.6M net proceeds from resale of issued shares.
- Shares issued under Section 4(a)(2) exemption to accredited investor; expected close subject to Bow River due diligence.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576873/000149315223017932/0001493152-23-017932-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576873/000149315223017932/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-017932

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