IPO - INTERNATIONAL BATTERY METALS LTD.
Form Type: S-1
Filing Date: 2025-04-17
Corporate Action: Ipo
Type: New
Accession Number: 000164117225005312
Filing Summary: International Battery Metals Ltd., based in British Columbia, Canada, has filed an S-1 registration statement with the SEC to register 111,256,290 Common Shares and 39,219,779 Warrants. This filing follows a series of private placements involving units that consist of a Common Share and a Warrant. The Common Shares are listed on the TSX Venture Exchange under the symbol 'IBAT.' The offering aims to satisfy registration rights for selling shareholders who may sell these securities in various manners, including private transactions and on stock exchanges. The prospectus discusses the risks associated with the company's early-stage operations in lithium extraction and processing technology, including financial viability and the potential for future profitability. It also mentions that the company is considered an 'emerging growth company' and a 'smaller reporting company,' which allows it to comply with certain reduced reporting requirements. The anticipated risks and operational challenges are highlighted, including the need to secure capital for ongoing operations and the uncertainty inherent in developing new markets for lithium products.
Additional details:
Cik Number: 333-
Common Shares Registered: 111,256,290
Warrants Registered: 39,219,779
Last Reported Price Tsx: CAD$0.54
Last Reported Price Otc: US$0.39
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