Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
AMERICAN BATTERY TECHNOLOGY Co incurred convertible notes of up to $51 million with an institutional investor at zero coupon maturing mature on September 1, 2025.
- Instrument
- convertible notes
- Principal
- up to $51 million
- Counterparty
- an institutional investor
- Rate
- zero coupon
- Maturity
- mature on September 1, 2025
- Event
- incurrence
Exact text from the filing
the Company sold to the Buyers up to $51 million of a new series of senior secured convertible notes
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
AMERICAN BATTERY TECHNOLOGY Co terminated Credit Agreement with Mercuria Investments US, Inc. (effective 2023-08-30).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- Mercuria Investments US, Inc.
- Effective
- 2023-08-30
Exact text from the filing
On August 30, 2023, the Company caused the repayment in full of all indebtedness, liabilities and other obligations under, and terminated, the Credit Agreement, dated as of May 17, 2023 (the “Credit Agreement”), by and among the Company, as Borrower, the Several Lenders from time to time parties thereto and Mercuria Investments US, Inc., as Agent.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
AMERICAN BATTERY TECHNOLOGY Co terminated a lease with Bow River Capital RE III LLC (effective 2023-08-25).
- Action
- termination
- Agreement
- lease
- Counterparty
- Bow River Capital RE III LLC
- Effective
- 2023-08-25
Exact text from the filing
On August 25, 2023, the Company and Bow River Capital RE III LLC (“Bow River”) terminated the previously-announced contingent sales-leaseback arrangement, pursuant to which the Company would have sold certain real property to Bow River, while leasing the same property from Bow River and retaining an option to repurchase the property.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
AMERICAN BATTERY TECHNOLOGY Co entered into Securities Purchase Agreement with an institutional investor valued at up to $51 million (effective 2023-08-29).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- an institutional investor
- Value
- up to $51 million
- Effective
- 2023-08-29
Exact text from the filing
On August 29, 2023, American Battery Technology Company (the “Company”) and an institutional investor (collectively, the “Buyers”) entered into a Securities Purchase Agreement (the “Purchase Agreement”), pursuant to which the Company sold to the Buyers up to $51 million of a new series of senior secured convertible notes (the “Notes”).
View on SEC.gov