American Battery Technology Co. Files 8-K
Ticker: ABAT · Form: 8-K · Filed: Dec 18, 2024 · CIK: 1576873
Sentiment: neutral
Topics: material-agreement, corporate-event
TL;DR
ABTC filed an 8-K on 12/16/24 for a material agreement. Details TBD.
AI Summary
On December 16, 2024, American Battery Technology Company entered into a material definitive agreement. The company also reported other events on this date. Further details regarding the nature of the agreement and the other events are not provided in this excerpt.
Why It Matters
This filing indicates a significant corporate event or agreement for American Battery Technology Company, which could impact its operations or strategic direction.
Risk Assessment
Risk Level: medium — An 8-K filing often signifies material events, but the lack of specific details in this excerpt necessitates a medium risk assessment until more information is available.
Key Players & Entities
- AMERICAN BATTERY TECHNOLOGY COMPANY (company) — Registrant
- Nevada (jurisdiction) — State of incorporation
- 001-41811 (company_id) — Commission File Number
- 33-1227980 (company_id) — IRS Employer Identification Number
- 100 Washington Street , Suite 100 Reno , NV 89503 (address) — Principal executive office address
- December 16, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by American Battery Technology Company?
The provided excerpt does not specify the details of the material definitive agreement.
What are the 'Other Events' reported by American Battery Technology Company on December 16, 2024?
The excerpt mentions 'Other Events' but does not provide any specific information about them.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on December 16, 2024.
What is the principal executive office address for American Battery Technology Company?
The principal executive office is located at 100 Washington Street, Suite 100, Reno, NV 89503.
What is the Commission File Number for American Battery Technology Company?
The Commission File Number is 001-41811.
Filing Stats: 555 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-12-18 17:00:22
Key Financial Figures
- $0.001 — nge on Which Registered Common Stock, $0.001 par value ABAT The Nasdaq Stock Mar
- $368,492,614 — ffective date of January 1, 2025, for a $368,492,614 project for a commercial scale battery
- $143,600,000 — nder the Grant, the DOE's cost share is $143,600,000, with funds obligated in the amount of
- $122,993,645 — , with funds obligated in the amount of $122,993,645.63, and the Company's cost share is $22
- $224,892,614 — 645.63, and the Company's cost share is $224,892,614. The remaining $6,400,000 of the DOE's
- $6,400,000 — st share is $224,892,614. The remaining $6,400,000 of the DOE's $150,000,000 previously-an
- $150,000,000 — . The remaining $6,400,000 of the DOE's $150,000,000 previously-announced award is payable d
Filing Documents
- form8-k.htm (8-K) — 39KB
- ex99-1.htm (EX-99.1) — 19KB
- ex99-1_001.jpg (GRAPHIC) — 29KB
- 0001493152-24-050634.txt ( ) — 275KB
- abat-20241216.xsd (EX-101.SCH) — 3KB
- abat-20241216_lab.xml (EX-101.LAB) — 33KB
- abat-20241216_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On December 16, 2024, American Battery Technology Company (the "Company") and the United States Department of Energy (the "DOE") entered into an Assistance Agreement (the "Grant"), award number DE-MS0000104, with an effective date of January 1, 2025, for a $368,492,614 project for a commercial scale battery recycling facility. Under the Grant, the DOE's cost share is $143,600,000, with funds obligated in the amount of $122,993,645.63, and the Company's cost share is $224,892,614. The remaining $6,400,000 of the DOE's $150,000,000 previously-announced award is payable directly to Argonne National Laboratory, ABTC's subcontractor that is supporting the project. The foregoing description of the Grant is qualified in its entirety by such agreement, a copy of which will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ending December 31, 2024. Item 8.01 Other Events. On December 18, 2024, the Company issued a press release announcing the Grant. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K. Exhibit No. Description 99.1 Press Release dated December 18, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AMERICAN BATTERY TECHNOLOGY COMPANY Date: December 18, 2024 By: /s/ Ryan Melsert Ryan Melsert Chief Executive Officer