secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERICAN BATTERY TECHNOLOGY Co (ABAT)
CIK:        0001576873
Form:       8-K
Filed at:   2024-12-27T23:59:59+00:00
Accession:  0001493152-24-052201
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Battery Technology prices $10M registered direct offering of 3.77M shares and warrants at $2.65
--------------------------------------------------------------------------------

- Raises ~$10M gross from sale of 3,773,586 shares and 3,773,586 warrants to institutional investors.
- Combined offering price $2.65 per share + warrant, priced at-the-market under Nasdaq rules.
- Warrants exercisable at $2.80/share for 5 years; cashless exercise allowed; beneficial ownership limitation of 4.99%.
- Closing expected Dec 27, 2024; A.G.P./Alliance Global Partners acting as sole placement agent.
- Company agreed to 30-day lock on freely-tradable shares and 6-month ban on Variable Rate Transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1576873/000149315224052201/0001493152-24-052201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1576873/000149315224052201/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-052201

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer