American Battery Technology Files S-1
Ticker: ABAT · Form: S-1 · Filed: Dec 13, 2024 · CIK: 1576873
Sentiment: neutral
Topics: S-1, registration-statement, sec-filing, battery-technology
TL;DR
ABTC just filed an S-1, looks like they're raising cash for battery tech.
AI Summary
American Battery Technology Company filed an S-1 registration statement on December 13, 2024, to register an unspecified number of common shares. The company, formerly known as American Battery Metals Corp, is focused on developing and commercializing battery metals recycling and manufacturing technologies. Their principal executive offices are located at 100 Washington Street, Suite 100, Reno, NV 89503.
Why It Matters
This S-1 filing indicates American Battery Technology Company is preparing to offer new shares to the public, which could fund its expansion and technological development in the critical battery materials sector.
Risk Assessment
Risk Level: medium — As a company in the early stages of technology development and commercialization within the volatile battery materials sector, there are inherent risks associated with market adoption, competition, and regulatory changes.
Key Numbers
- 333-283807 — SEC File Number (Identifies this specific registration statement with the SEC.)
Key Players & Entities
- AMERICAN BATTERY TECHNOLOGY Co (company) — Registrant
- 0001493152-24-049996.txt (document) — Filing document identifier
- 20241213 (date) — Filing date
- Nevada (jurisdiction) — State of incorporation
- 333-283807 (registration_number) — SEC file number
- 100 Washington Street, Suite 100, Reno, NV 89503 (address) — Principal executive offices
- Ryan Melsert (person) — Chief Executive Officer
- AMERICAN BATTERY METALS CORP (company) — Former company name
- 20190515 (date) — Date of name change
- Oroplata Resources, Inc. (company) — Former company name
FAQ
What is the purpose of this S-1 filing?
The S-1 filing is a registration statement required by the SEC for companies planning to offer securities to the public, indicating American Battery Technology Company is preparing for a potential stock offering.
When was this S-1 filing submitted?
The S-1 filing was submitted on December 13, 2024.
What is the company's principal executive office address?
The company's principal executive offices are located at 100 Washington Street, Suite 100, Reno, NV 89503.
Who is the Chief Executive Officer of American Battery Technology Company?
Ryan Melsert is the Chief Executive Officer of American Battery Technology Company.
Has the company changed its name previously?
Yes, the company was formerly known as American Battery Metals Corp (name change on 20190515) and prior to that, Oroplata Resources, Inc. (name change on 20130514).
Filing Stats: 4,398 words · 18 min read · ~15 pages · Grade level 17.3 · Accepted 2024-12-13 16:15:48
Key Financial Figures
- $0.001 — n Battery Technology Company, par value $0.001 per share (the “Common Stock&rdqu
- $12,000,000.00 — es in the aggregate principal amount of $12,000,000.00. The Notes are convertible into shares
- $1.00 — price of our Common Stock on Nasdaq was $1.00 per share. Investing in our securitie
- $250.0 million — ock held by non-affiliates is less than $250.0 million measured on the last business day of ou
- $100.0 million — ter, or our annual revenue is less than $100.0 million during the most recently completed fisc
- $700.0 million — ock held by non-affiliates is less than $700.0 million measured on the last business day of ou
- $12,000,000 — rs in the aggregate principal amount of $12,000,000. The Notes have a maturity date of Sept
- $1,000,000 — n Date for an aggregate amount of up to $1,000,000 of principal amount across the Notes (e
- $1,000 — rice equal to (A) one thousand dollars ($1,000) divided by (B) the Conversion Rate in
- $3,000,000 — f Notes with respect to an aggregate of $3,000,000 of principal across the Notes and (ii)
- $10.27 — h a weighted average exercise price was $10.27 per share. 7 RISK FACTORS An inve
Filing Documents
- forms-1.htm (S-1) — 310KB
- ex5-1.htm (EX-5.1) — 13KB
- ex10-1.htm (EX-10.1) — 53KB
- ex23-1.htm (EX-23.1) — 4KB
- ex23-2.htm (EX-23.2) — 3KB
- ex107.htm (EX-FILING FEES) — 12KB
- forms-1_001.jpg (GRAPHIC) — 6KB
- ex10-1_001.jpg (GRAPHIC) — 1696KB
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- ex5-1_001.jpg (GRAPHIC) — 6KB
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- 0001493152-24-049996.txt ( ) — 108687KB
Use of Proceeds
Use of Proceeds 13 Determination of Offering Price 13
Dilution
Dilution 13 Description of Registrant’s Securities 13 Selling Stockholders 15 Plan of Distribution 16 Legal Matters 17 Experts 17 Where You Can Find More Information 17 Incorporation by Reference 18 i ABOUT THIS PROSPECTUS This prospectus is part of a registration statement that we filed with the U.S. Securities and Exchange Commission (the “SEC”). Under this process, the Selling Stockholders may, from time to time, sell the Shares described in this prospectus in one or more offerings or resales if, and to the extent that, the Selling Stockholders convert their Notes for shares of Common Stock. You should assume that the information appearing in this prospectus and any applicable prospectus supplement is accurate only as of the date on its respective cover, and that any information incorporated by reference is accurate only as of the date of the document incorporated by reference, unless we indicate otherwise. Our business, financial condition, results of operations and prospects may have changed since those dates. You should rely only on the information contained or incorporated by reference in this prospectus, any applicable prospectus supplement and any related free writing prospectus. Neither we nor any agent or the Selling Stockholders has authorized any person to give you any information that is different from such information. If anyone provides you with different or inconsistent information, you should not rely on it. The Selling Stockholders will offer and sell the Shares only in jurisdictions where offers and sales are permitted. You should read this prospectus and any applicable prospectus supplement together with additional information described below under the heading “Where You Can Find More Information” before you decide to invest in our securities. We may amend or supplement this prospectus from time to time by filing amendments or supplements as required. You should carefully read this pr