IPO - AMERICAN BATTERY MATERIALS, INC.

Form Type: S-1/A

Filing Date: 2025-05-30

Corporate Action: Ipo

Type: New

Accession Number: 000164117225013099

Filing Summary: American Battery Materials, Inc. is conducting a public offering of common stock aimed at raising approximately $15 million through the sale of 1,879,699 shares at an assumed public offering price of $7.98 per share. The company operates within the renewable energy sector, focusing on lithium extraction from subsurface brines to support battery production. The company owns mineral rights on 743 placer claims in Utah and is at the exploration stage. The prospectus emphasizes sustainable practices and aims to utilize direct lithium extraction technologies to minimize environmental impact while aiming for economic viability. A technical report supports the need for further investment and highlights a pathway to operationalize the company’s goals. The document states the company intends to list its shares on a stock exchange, contingent upon regulatory approvals, and lays out a growth strategy that includes drilling and regulatory filings.

Form Type: S-1/A

Filing Date: 2025-04-02

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225002363

Filing Summary: American Battery Materials, Inc. is formally registering for an initial public offering (IPO) of 1,454,545 shares of common stock at an assumed public offering price of $8.25 per share, amounting to a total of $12,000,000. The company aims to utilize advanced lithium extraction technologies, focusing on environmentally responsible methods for mining lithium from its claims in the Lisbon Valley, Utah. The registration is categorized under Amendment No. 4 to Form S-1 and is a continuation of their efforts to go public, indicating this is an update to previous filings. The document outlines a comprehensive strategy aimed at becoming a significant lithium producer in the U.S, as well as ongoing efforts to establish joint ventures such as the Letter of Intent with XTC Lithium for a project in Argentina. Risks associated with this offering and market engagement are addressed, highlighting the significant growth potential and responsibilities the company is committed to in terms of environmental and social governance. The expected timeline for various phases of their project, including drilling and construction, is laid out, indicating milestones extending into 2027 for full production.