Electra Battery Materials Corp. Files 20-F/A
Ticker: ELBM · Form: 20-F/A · Filed: May 1, 2025 · CIK: 1907184
Sentiment: neutral
Topics: financial-disclosure, amended-filing, battery-materials
TL;DR
Electra Battery Materials Corp. 2024 20-F/A shows $20M assets, $51M liabilities.
AI Summary
Electra Battery Materials Corp. filed an amended 20-F for the fiscal year ending December 31, 2024. The filing details financial information including total assets of $20.0 million and total liabilities of $51.0 million. The company's business address is Suite 2400, Bay-Adelaide Centre, 333 Bay Street, Toronto, A6, M5H 2T6.
Why It Matters
This amended filing provides updated financial disclosures for Electra Battery Materials Corp., which is crucial for investors and stakeholders to assess the company's financial health and performance.
Risk Assessment
Risk Level: medium — The company has significantly more liabilities ($51.0 million) than assets ($20.0 million), indicating potential financial strain.
Key Numbers
- $20.0M — Total Assets (Indicates the company's total resources as of the fiscal year end.)
- $51.0M — Total Liabilities (Represents the company's total obligations as of the fiscal year end.)
- 2028 — Convertible Notes Maturity (Indicates a future financial obligation related to convertible notes.)
Key Players & Entities
- Electra Battery Materials Corp (company) — Filer of the 20-F/A
- 333 Bay Street, Toronto, A6, M5H 2T6 (location) — Business address
- 20241231 (date) — Fiscal year end
FAQ
What is the primary purpose of this 20-F/A filing?
This is an amended filing for Electra Battery Materials Corp.'s annual report, providing updated financial and operational disclosures for the fiscal year ended December 31, 2024.
What are the total assets and liabilities reported for the fiscal year 2024?
The filing reports total assets of $20.0 million and total liabilities of $51.0 million for the fiscal year ended December 31, 2024.
Where is Electra Battery Materials Corp. headquartered?
Electra Battery Materials Corp.'s business address is Suite 2400, Bay-Adelaide Centre, 333 Bay Street, Toronto, A6, M5H 2T6.
What is the significance of the convertible notes mentioned in the filing?
The filing notes that convertible notes have contractual maturities in 2028 and 2027, and interest calculations are based on terms as of December 31, 2024, with royalty payments estimated as part of the 2028 Notes offering.
What is the SIC code for Electra Battery Materials Corp.?
The Standard Industrial Classification (SIC) code for Electra Battery Materials Corp. is 3690, which corresponds to Miscellaneous Electrical Machinery, Equipment & Supplies.
Filing Details
This Form 20-F/A (Form 20-F/A) was filed with the SEC on May 1, 2025 regarding Electra Battery Materials Corp (ELBM).