debt
confidence high
sentiment neutral
materiality 0.50
American Battery Materials extends note maturities to Sept 30, 2026; penalty if no NYSE American uplist
AMERICAN BATTERY MATERIALS, INC.
- Maturity date of outstanding promissory and convertible notes extended to September 30, 2026.
- If no NYSE American uplist by then, principal increases 15% ($1,459,217) to $11,187,330.
- Also, 612,476 shares of common stock to be issued to noteholders if uplist not achieved.
- Company states it is not in default under any of its notes after amendments.