ABTC announces 1:15 reverse stock split to facilitate Nasdaq uplisting

AMERICAN BATTERY TECHNOLOGY Co

1-for-15 reverse stock split effective Sept 11; shares outstanding reduced from ~692M to ~46M.
Split intended to meet Nasdaq listing requirements; company has application pending with Nasdaq.
Company commissioned first commercial-scale Li-ion battery recycling facility; transitioning to revenue.
Shareholder letter cites three milestones achieved: board, recycling ops, partnerships.

item 3.03 item 5.03 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

AMERICAN BATTERY TECHNOLOGY Co: Filed a Certificate of Change to effect a one-for-fifteen reverse stock split of common and preferred stock (effective 2023-09-11).

Change: charter amendment
Effective: 2023-09-11

Exact text from the filing

On August 31, 2023, American Battery Technology Company (the “Company”) filed a Certificate of Change to the Company’s Articles of Incorporation, as amended, with the Secretary of State of the State of Nevada (the “Certificate of Change”), which unless earlier modified or terminated, shall effect, at 6:00 a.m. Pacific Time on September 11, 2023, a one-for-fifteen (1:15) reverse stock split (the “Reverse Stock Split”) of both the Company’s issued and outstanding shares of common stock, $0.001 par value per share (the “Common Stock”), and the authorized shares of preferred stock, $0.001 par value per share (the “Preferred Stock”) (collectively, the Common Stock and Preferred Stock are the “Securities”).

View on SEC.gov

71 governance changes filed in the last 30 days. Browse all governance changes →

AMERICAN BATTERY TECHNOLOGY Co filing history →

Source: SEC EDGAR

accession 0001493152-23-032185

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.