Paul McGarry
On January 10, 2025, the Board of Directors of the Company appointed Paul McGarry to serve as Interim Chief Financial Officer of the Company, effective February 1, 2025.
Highest-materiality recent filing
ABAT enters new employment agreements with CEO, CFO, COO; grants equity awards
CEO Ryan Melsert: $475k salary, 75% target cash bonus, $1M RSUs, option for 3M shares at $2.76.
DOE reinstates $115M grant for commercial-scale lithium hydroxide refinery at Tonopah Flats; DOE share $57.7M, company cost share $57.7M.
ABAT grants CEO Melsert 2.2M performance-based RSUs with $10 stock price and revenue targets
CEO Ryan Melsert granted 2,200,000 performance-based RSUs (plus up to 1,100,000 bonus RSUs) under 2021 Equity Incentive Plan.
ABAT Q3 FY26: Record revenue $7.8M, first positive gross margin $0.7M
Revenue of $7.8M, up 64% QoQ; cost of goods sold $7.1M, up only 11% QoQ.
$4.8M revenue + $0.3M interest total $5.1M; combined exceeds $4.9M cash COGS, a key cash flow milestone.
American Battery Technology appoints Alejandro Flores as CFO; two execs retiring
Alejandro Flores Arteaga appointed CFO effective Feb 9, 2026; base salary $280,000, 75% bonus target, $500k RSUs and $1M warrants annually.
American Battery Technology holds annual meeting; elects directors and ratifies KPMG
Shareholders elected five directors: Melsert, Lowery, Lee, Fezell, Balakrishnan.
ABTC enters recycling agreement with Veolia for Moss Landing BESS lithium-ion battery recovery
ABTC to provide recycling services for lithium-ion battery products from Moss Landing BESS in Monterey County, CA, under EPA oversight.
Tonopah Flats Lithium PFS delivers $2.57B NPV, 21.8% IRR; resources jump 53%
PFS metrics: 30,000 tpa LHM for 45-year life; after-tax NPV@8% $2.57B, IRR 21.8%, 7.5-yr payback.
American Battery Technology Company loses $115M DOE grant but appeals and plans to continue project
DOE terminated $115M grant (DE-MS0000010) on Oct 9, 2025, with ~$52M remaining at stake.
American Battery Technology completes NEPA baseline studies for Tonopah Flats Lithium Project
Completed 21 baseline studies across 14 categories after 2+ years of efforts for the TFLP in Nevada.
Company posted an investor presentation for the fiscal year ended June 30, 2025, to its website.
ABAT files prospectus supplement for up to $50M at-the-market equity offering
Filed prospectus supplement to offer and sell up to $50M of common stock through ATM Sales Agreement with Virtu Americas LLC.
ABAT Q4 revenue $2.8M (+183% QoQ); FY rev $4.3M (+1,149% YoY); cash $25.4M post-quarter
Q4 FY2025 revenue $2.8M, up 183% from $1.0M in Q3; full year $4.3M, up 1,149% from $0.3M.
American Battery Tech appoints Lavanya Balakrishnan to board; Sherif Marakby resigns
Sherif Marakby resigned as director, effective Sept 15, 2025, under succession plan; no disagreement.
ABAT terminates $6.75M property sale agreement with Pokrajac
Purchase agreement for 12 acres in Fernley, NV terminated July 28, 2025.
ABTC Q3 FY2025 revenue triples to $1M; battery recycling throughput doubles; $900M federal loan LOI
Q3 FY2025 revenue from recycled battery materials tripled to $1.0M; cash cost of goods sold $2.3M (up 9% from prior qtr).
American Battery Tech agrees to sell 12-acre Fernley, NV property for $6.75M
Property at 395 Logan Lane, Fernley, NV (APN 021-071-50) sold to Steven and Corina Pokrajac or assigns.
ABTC Q2 FY2025: $332K revenue, $20.6M cash; recycling throughput up >225% in January
Revenue of $332K from recycled product sales; cash COGS $2.1M (excl. non-cash items).
CFO Jesse Deutsch to retire Jan 31, 2025; Paul McGarry named interim CFO
Jesse Deutsch notified retirement as CFO effective January 31, 2025; departure not due to any disagreement.
American Battery regains Nasdaq minimum bid price compliance
Received Nasdaq notification on Jan 7, 2025 of regained compliance with Listing Rule 5550(a)(2).
Raises ~$10M gross from sale of 3,773,586 shares and 3,773,586 warrants to institutional investors.
Offering of 5,000,000 common shares and warrants to purchase 5,000,000 shares at combined price of $1.00 per unit.
American Battery Technology gets Nasdaq deficiency notice for minimum bid price
Received Nasdaq notice on Dec 19, 2024 for failing minimum $1.00 closing bid price over 30 consecutive business days.
ABAT amends convertible note terms; increases principal subject to higher conversion rate by $2M
Amendment increases principal convertible at 1,333.33 shares/$1,000 from $3M to $5M, reducing principal at lower rate accordingly.
ABTC awarded $144M DOE grant for second lithium-ion battery recycling facility
Total project value $368.5M; DOE cost share $143.6M, company share $224.9M.
ABAT issues $12M senior secured convertible notes at 82.5% of par due Sept 2025
Principal $12M, purchase price 82.5% (net ~$9.9M), zero-coupon, matures Sept 1, 2025.
American Battery Technology enters new employment agreements with CEO, CFO, COO, CMRO
CEO Ryan Melsert: $425K salary, $1M RSUs, $3M warrants, 4-year quarterly vest.
Aggregate principal $12M; purchase price at 82.5% of par, yielding net proceeds ~$9.9M.
Shareholders approve increase in authorized shares from 80M to 250M and 2024 ESPP
Authorized common shares increased to 250M from 80M; vote 69.68M for, 31.08M against.
American Battery Technology files prospectus supplement for $50M ATM offering
Filed prospectus supplement on Sept 30, 2024 to S-3 registration for ATM program.
First revenue from sale of Black Mass from its 20,000 tonnes/yr battery recycling facility commissioned in FY24.
CEO Ryan Melsert purchased 5 shares of Series D Preferred Stock for $100 total ($20/share) on Sept 16, 2024.
ABAT appoints Steven Wu as COO effective Sept 16; Andrés Meza resigns as COO
Steven Wu appointed COO effective Sept 16, 2024, previously at Rivian and Nuro.
Entered binding purchase agreement for accumulated recycled black mass with a domestic strategic customer; no volume or value disclosed.
ABTC updates Tonopah Flats Lithium Project Initial Assessment; NPV-10 rises to $4.67B
Updated Initial Assessment uses only Measured and Indicated resources, excluding Inferred resources.
ABAT awarded $60.5M in 48C tax credits for battery recycling facilities
$20M tax credit awarded Apr 3 for existing recycling facility at Tahoe-Reno Industrial Center, Nevada.
ABAT enters $50M ATM sales agreement with Virtu Americas LLC for common stock
Company may sell up to $50M of common stock through agent Virtu Americas LLC at market prices.
ABTC appoints Susan Yun Lee to board effective April 1, 2024; Julie Blunden resigns March 31
Julie Blunden resigned from the Board and all positions effective March 31, 2024, as part of a planned succession.
Three ABAT officers elect RSUs and warrants in lieu of cash compensation
CEO Ryan Melsert elects 75,000 RSUs and 75,000 warrants ($2.00 exercise) replacing $150,000 cash.
American Battery Technology files investor presentation slide deck; no new data disclosed
Company furnished a slide deck used at an investor overview presentation on Jan 30, 2024.
American Battery Technology furnishes investor presentation slide deck
Company prepared a slide deck for investor use, furnished as Exhibit 99.1.
ABTC increases Tonopah Flats lithium resource 17% to 21.15Mt LHM; 54% now measured or indicated
Total resource now 21.15M tons lithium hydroxide monohydrate, up 17% from prior estimate.
American Battery Technology dismisses Marcum, appoints KPMG as new auditor
Dismissed Marcum LLP as independent auditor effective Jan 4, 2024; reports for FY2022 and FY2023 were unqualified with no disagreements.
American Battery Technology files initial assessment for Tonopah Flats Lithium Project
Filed Amendment No. 1 to 8-K to file final Initial Assessment (IA) for Tonopah Flats Lithium Project.
American Battery Technology files prospectus supplement for up to 5M shares offering
Up to 5,000,000 shares of common stock registered for sale via prospectus supplement dated Dec 22, 2023.
ABTC reports positive Initial Assessment for Tonopah Flats Lithium Project; NPV $4.41B, IRR 65.8%
Inferred resource of 18.03 million tons lithium hydroxide monohydrate (LHM) at 3,815 ppm grade.
Stockholders elect five directors and ratify Marcum LLP as auditor at 2023 annual meeting
All five director nominees elected: Ryan Melsert, Elizabeth Lowery, Julie Blunden, D. Richard (Rick) Fezell, Sherif Marakby.
Added FY2024 performance-based bonus milestones for CEO Ryan Melsert (8 categories with weights including TRIC Recycling Operations at 15%, Tonopah Flats Resource at 15%).
American Battery Technology files prospectus for up to 2M share offering
Filed prospectus supplement to sell up to 2,000,000 shares of common stock at market prices.
On January 10, 2025, the Board of Directors of the Company appointed Paul McGarry to serve as Interim Chief Financial Officer of the Company, effective February 1, 2025.
On January 6, 2025, Jesse Deutsch notified American Battery Technology Company (the “Company”) of his intent to retire and step down as Chief Financial Officer, effective January 31, 2025
On August 20, 2024, Andrés Meza submitted his notice of intent to resign as Chief Operating Officer of the Company, effective September 1, 2024 (the “Resignation Date”).
On August 26, 2024, the Board of Directors of American Battery Technology Company (the “Company”) appointed Steven Wu to serve as Chief Operating Officer of the Company, effective September 16, 2024.
On March 25, 2024, the Board appointed Susan Yun Lee as a director of the Company, effective April 1, 2024
On March 25, 2024, Julie Blunden resigned from the Board of Directors (the “Board”) of American Battery Technology Company (the “Company”) and all positions of the Company, including as a member of the Company’s audit committee, nominating and corporate governance committee and chair of the Company’s compensation committee, effective March 31, 2024.
the Board also appointed Rick Fezell as chairman of the Board
Kimberly Eckert’s last day as the Company’s Chief Financial Officer was May 18, 2023.
On May 19, 2023, the Board of Directors of American Battery Technology Company (“the “Company”) appointed Jesse Deutsch to serve as Chief Financial Officer of the Company.
On April 20, 2022, the Board of Directors of American Battery Technology Company (“the “Company”) appointed Kimberly Eckert to serve as Chief Financial Officer of the Company.
the Registrant’s sole director, Ryan Melsert (the “Sole Director”) elected Elizabeth Lowery, Julie Blunden, Rick Fezell, and Sherif Marakby (the “New Directors”) to the Board of Directors of the Company (the “Board”) effective March 1, 2022.
the Registrant’s sole director, Ryan Melsert (the “Sole Director”) elected Elizabeth Lowery, Julie Blunden, Rick Fezell, and Sherif Marakby (the “New Directors”) to the Board of Directors of the Company (the “Board”) effective March 1, 2022.
Max materiality 0.95 · Median 0.60 · Most common event other_material