IPO - AMERICAN BATTERY MATERIALS, INC.

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.

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