American Battery Materials, Inc. Files S-1 Registration Statement
Ticker: BLTH · Form: S-1 · Filed: Feb 12, 2024 · CIK: 1487718
Complexity: moderate
Sentiment: neutral
Topics: S-1 Filing, Registration Statement, Public Offering, American Battery Materials, SEC Filing
TL;DR
<b>American Battery Materials, Inc. has filed an S-1 registration statement, marking a significant step towards a public offering.</b>
AI Summary
AMERICAN BATTERY MATERIALS, INC. (BLTH) filed a IPO Registration (S-1) with the SEC on February 12, 2024. American Battery Materials, Inc. has filed an S-1 registration statement with the SEC. The filing was made on February 12, 2024. The company's principal executive offices are located at 500 West Putnam Avenue, Suite 400, Greenwich, Connecticut. The company was formerly known as BOXSCORE BRANDS, INC., U-Vend, Inc., and INTERNET MEDIA SERVICES, INC. The registration statement is for an offering under the Securities Act of 1933.
Why It Matters
For investors and stakeholders tracking AMERICAN BATTERY MATERIALS, INC., this filing contains several important signals. This S-1 filing indicates the company is preparing to raise capital through the sale of securities, which could fund its operations and growth initiatives. The filing provides detailed information about the company's business, financial condition, and management, offering transparency to potential investors.
Risk Assessment
Risk Level: low — AMERICAN BATTERY MATERIALS, INC. shows low risk based on this filing. The filing is an S-1 registration statement, which is a preliminary step for a public offering and does not contain detailed financial performance data or operational results yet.
Analyst Insight
Monitor future filings for the prospectus and details of the public offering, including the number of shares and pricing.
Key Numbers
- 333-277021 — SEC File Number (American Battery Materials, Inc. SEC File Number)
- 22-395644 — IRS Employer Identification No. (American Battery Materials, Inc. IRS Number)
- 20180301 — Date of Name Change (Former Company Name BOXSCORE BRANDS, INC.)
- 20140521 — Date of Name Change (Former Company Name U-Vend, Inc.)
- 20100323 — Date of Name Change (Former Company Name INTERNET MEDIA SERVICES, INC.)
Key Players & Entities
- AMERICAN BATTERY MATERIALS, INC. (company) — Registrant name
- 0001213900-24-012686 (other) — Accession Number
- 20240212 (date) — Filing date
- S-1 (other) — Form Type
- 500 WEST PUTNAM AVENUE, SUITE 400, GREENWICH, CONNECTICUT 06830 (location) — Business Address
- BOXSCORE BRANDS, INC. (company) — Former Company Name
- U-Vend, Inc. (company) — Former Company Name
- INTERNET MEDIA SERVICES, INC. (company) — Former Company Name
Forward-Looking Statements
- AMERICAN BATTERY MATERIALS, INC. will complete its initial public offering (IPO) (AMERICAN BATTERY MATERIALS, INC.) — medium confidence, target: 2024-12-31
FAQ
When did AMERICAN BATTERY MATERIALS, INC. file this S-1?
AMERICAN BATTERY MATERIALS, INC. filed this IPO Registration (S-1) with the SEC on February 12, 2024.
What is a S-1 filing?
A S-1 is a registration statement for initial public offerings, containing the prospectus with business description, financials, and risk factors. This particular S-1 was filed by AMERICAN BATTERY MATERIALS, INC. (BLTH).
Where can I read the original S-1 filing from AMERICAN BATTERY MATERIALS, INC.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by AMERICAN BATTERY MATERIALS, INC..
What are the key takeaways from AMERICAN BATTERY MATERIALS, INC.'s S-1?
AMERICAN BATTERY MATERIALS, INC. filed this S-1 on February 12, 2024. Key takeaways: American Battery Materials, Inc. has filed an S-1 registration statement with the SEC.. The filing was made on February 12, 2024.. The company's principal executive offices are located at 500 West Putnam Avenue, Suite 400, Greenwich, Connecticut..
Is AMERICAN BATTERY MATERIALS, INC. a risky investment based on this filing?
Based on this S-1, AMERICAN BATTERY MATERIALS, INC. presents a relatively low-risk profile. The filing is an S-1 registration statement, which is a preliminary step for a public offering and does not contain detailed financial performance data or operational results yet.
What should investors do after reading AMERICAN BATTERY MATERIALS, INC.'s S-1?
Monitor future filings for the prospectus and details of the public offering, including the number of shares and pricing. The overall sentiment from this filing is neutral.
How does AMERICAN BATTERY MATERIALS, INC. compare to its industry peers?
The company operates in the mining and quarrying of nonmetallic minerals sector, with a focus on materials relevant to energy and transportation.
Are there regulatory concerns for AMERICAN BATTERY MATERIALS, INC.?
The S-1 filing is made under the Securities Act of 1933, which governs the registration of new securities offerings.
Industry Context
The company operates in the mining and quarrying of nonmetallic minerals sector, with a focus on materials relevant to energy and transportation.
Regulatory Implications
The S-1 filing is made under the Securities Act of 1933, which governs the registration of new securities offerings.
What Investors Should Do
- Review the full S-1 filing for detailed business descriptions and risk factors.
- Track subsequent SEC filings for updates on the public offering, including the prospectus.
- Research the company's management team and their experience in the battery materials sector.
Key Dates
- 2024-02-12: S-1 Filing — Registration statement filed with the SEC.
Year-Over-Year Comparison
This is the initial S-1 filing for American Battery Materials, Inc., indicating a transition towards becoming a publicly traded company.
Filing Stats: 4,570 words · 18 min read · ~15 pages · Grade level 14.4 · Accepted 2024-02-12 17:24:57
Key Financial Figures
- $0.50 — ary 9, 2024, our common stock closed at $0.50 per share. We intend to apply for the l
- $100,000 — ocated in the Lisbon Valley of Utah for $100,000 plus the future payment of royalties ba
Filing Documents
- ea193412-s1_american.htm (S-1) — 1689KB
- ea193412ex23-1_americanbatt.htm (EX-23.1) — 3KB
- ea193412ex96-1_american.htm (EX-96.1) — 474KB
- ea193412ex-fee_americanbatt.htm (EX-FILING FEES) — 13KB
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- 0001213900-24-012686.txt ( ) — 19839KB
- blth-20230930.xsd (EX-101.SCH) — 84KB
- blth-20230930_cal.xml (EX-101.CAL) — 27KB
- blth-20230930_def.xml (EX-101.DEF) — 361KB
- blth-20230930_lab.xml (EX-101.LAB) — 653KB
- blth-20230930_pre.xml (EX-101.PRE) — 383KB
- ea193412-s1_american_htm.xml (XML) — 865KB
Underwriting
Underwriting discounts and commissions (1) $ $ Proceeds to us, before expenses $ $ (1) Please see the section of this prospectus entitled "Underwriting'' for additional information regarding compensation payable to the underwriters. We have granted a 30-day option to 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. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. The underwriters expect to deliver the shares of our common stock to purchasers on or about _____, 2024. The date of this prospectus is __________, 2024 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 35 MANAGEMENT 46
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 48 PRINCIPAL STOCKHOLDERS 51 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 52
DESCRIPTION OF CAPITAL STOCK
DESCRIPTION OF CAPITAL STOCK 53 SHARES ELIGIBLE FOR FUTURE SALE 55
UNDERWRITING
UNDERWRITING 56 LEGAL MATTERS 62 EXPERTS 62 WHERE YOU CAN FIND MORE INFORMATION 63 INDEX TO FINANCIAL STATEMENTS F-1 i 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, su