secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN BATTERY TECHNOLOGY Co (ABAT)
CIK:        0001576873
Form:       8-K
Filed at:   2024-04-03T23:59:59+00:00
Accession:  0001493152-24-013025
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ABAT enters $50M ATM sales agreement with Virtu Americas LLC for common stock
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- Company may sell up to $50M of common stock through agent Virtu Americas LLC at market prices.
- Commission rate of up to 3.0% of gross proceeds; agent reimbursed up to $50K for fees and $60K expenses.
- Sales may be made on Nasdaq under Rule 415; Company not obligated to sell any shares.
- Agreement dated April 3, 2024; either party may terminate with 3 days' notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576873/000149315224013025/0001493152-24-013025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576873/000149315224013025/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-013025

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