American Battery Materials Files S-1/A

Ticker: BLTH · Form: S-1/A · Filed: Jun 11, 2024 · CIK: 1487718

Sentiment: neutral

Topics: mining, sec-filing, corporate-update

TL;DR

ABM files S-1/A, formerly Boxscore Brands, detailing mining ops. Investors watch closely.

AI Summary

American Battery Materials, Inc. filed an S-1/A on June 11, 2024, detailing its business operations in mining and quarrying nonmetallic minerals. The company, formerly known as Boxscore Brands, Inc., U-Vend, Inc., and Internet Media Services, Inc., is incorporated in Delaware and headquartered in Greenwich, CT. The filing provides financial data for fiscal years ending December 31, 2021, 2022, and 2023, and for the first quarter of 2024.

Why It Matters

This filing provides crucial updates and financial details for American Battery Materials, Inc., which is relevant for investors and stakeholders interested in the company's current status and future prospects in the mining sector.

Risk Assessment

Risk Level: medium — As a mining company with a history of name changes, the S-1/A filing indicates a need for investors to carefully assess its current operational viability and financial health.

Key Numbers

Key Players & Entities

FAQ

What is the primary business of American Battery Materials, Inc.?

American Battery Materials, Inc. is engaged in the mining and quarrying of nonmetallic minerals.

What were the previous names of American Battery Materials, Inc.?

The company was formerly known as Boxscore Brands, Inc., U-Vend, Inc., and Internet Media Services, Inc.

When was this S-1/A filing submitted?

The S-1/A filing was submitted on June 11, 2024.

Where is American Battery Materials, Inc. headquartered?

The company is headquartered at 500 West Putnam Avenue, Suite 400, Greenwich, CT 06830.

What fiscal periods are covered by the financial information in this filing?

The filing includes financial data for the fiscal years ending December 31, 2021, 2022, and 2023, as well as the first quarter of 2024.

Filing Stats: 4,594 words · 18 min read · ~15 pages · Grade level 13.5 · Accepted 2024-06-11 17:26:53

Key Financial Figures

Filing Documents

Underwriting

Underwriting discounts and commissions (1) $ $ Proceeds to us, before expenses $ $ (1)

Underwriting

Underwriting discounts and commissions do not include a non-accountable expense allowance equal to 1.0% of the public offering price payable to the underwriters. We refer you to "Underwriting" beginning on page 53 for additional information regarding underwriters' compensation. We have granted a 45-day option to the representative of the underwriters to purchase up to additional shares of our common stock, solely to cover over-allotments, if any, at the public offering price less underwriting discounts and commissions. The underwriters expect to deliver the shares of our common stock to purchasers on or about , 2024. ThinkEquity The date of this prospectus is , 2024 i ii iii American battery materials, INC. Table of Contents Page PROSPECTUS SUMMARY 1

RISK FACTORS

RISK FACTORS 14 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 23

USE OF PROCEEDS

USE OF PROCEEDS 24 DIVIDEND POLICY 25 CAPITALIZATION 26

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 28

BUSINESS

BUSINESS 33 MANAGEMENT 43

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 46 PRINCIPAL STOCKHOLDERS 48 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 49

DESCRIPTION OF CAPITAL STOCK

DESCRIPTION OF CAPITAL STOCK 50 SHARES ELIGIBLE FOR FUTURE SALE 52

UNDERWRITING

UNDERWRITING 53 LEGAL MATTERS 61 EXPERTS 61 WHERE YOU CAN FIND MORE INFORMATION 61 INDEX TO FINANCIAL STATEMENTS F-1 iv About this Prospectus Neither we nor the underwriters have authorized anyone to provide any information or to make any representations other than those contained in this prospectus. We and the underwriters take no responsibility for and can provide no assurance as to the reliability of, any other information that others may give you. This prospectus is an offer to sell only the securities offered hereby and only under circumstances and in jurisdictions where it is lawful to do so. No dealer, salesperson or other person is authorized to give any information or to represent anything not contained in this prospectus. You should assume that the information appearing in this prospectus is accurate only as of the date on the front of this prospectus only, regardless of the time of delivery of this prospectus, or any sale of a security. Our business, financial condition, results of operations and prospects may have changed since those dates. We are not and the underwriters are not, offering to sell or seeking offers to purchase these securities in any jurisdiction where the offer or sale is not permitted. We and the underwriters have not done anything that would permit this offering or possession or distribution of this prospectus in any jurisdiction where action for that purpose is required, other than in the United States. Persons outside the United States who come into possession of this prospectus must inform themselves about and observe any restrictions relating to, the offering of the securities as to distribution of the prospectus outside of the United States. The industry and market data and certain other statistical information used throughout this prospectus are from our own research, surveys or studies conducted by third parties and industry or general publications. Industry publications and third-party research, sur

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