# AMERICAN BATTERY MATERIALS, INC. (BLTH) — capital_raise/public_offering [completed]
Source: SEC API (secapi.ai) · situation sit_a6fe88325fbfe8a2173e · retrieved 2026-08-14T01:25:14.862Z

## Overview
American Battery Materials Inc. operates as a U.S.-based renewable energy company focused on the extraction, refinement and distribution of technical minerals including lithium and magnesium from brine deposits using direct lithium extraction (DLE) technologies; the company owns 743 placer mining claims covering 14,320 acres in Utah's Lisbon Valley and is an exploration-stage issuer with no curre…

American Battery Materials Inc., a Delaware-incorporated renewable energy company focused on lithium and magnesium extraction from brine deposits in Utah's Lisbon Valley, is conducting a public offering of 3,327,273 shares of common stock and accompanying warrants to purchase 3,327,273 shares of common stock at an assumed public offering price of $5.50 per share. Each warrant is exercisable at $6.88 per share (125% of the offering price) and expires five years after issuance. The company also is offering pre-funded warrants to certain purchasers whose ownership would otherwise exceed 4.99% (or 9.99% at election) of outstanding common stock. Net proceeds are estimated at approximately $16.3 million (or $18.7 million if underwriters exercise their 45-day over-allotment option for 499,091 additional shares), which will be used primarily to fund the Lisbon Valley Project development, including pre-production drilling and geological work, with the remainder for mineral rights acquisitions and working capital. A NYSE American listing for the common stock is a condition to completing this offering.

## Terms
- Counterparty: ThinkEquity (underwriter) · Consideration: mixed · Price/share: $5.5

## Key dates
- Completed 2026-08-11

## Timeline
- 2026-08-11 · S-1/A (0001493152-26-037118): S-1/A - AMERICAN BATTERY MATERIALS, INC. — *American Battery Materials Inc. operates as a U.S.-based renewable energy company focused on the extraction, refinement and distribution of technical minerals including lithium and magnesium from brine deposits using direct lithium extraction (DLE) technologies; the company owns 743 placer mining claims covering 14,320 acres in Utah's Lisbon Valley and is an exploration-stage issuer with no curre…* American Battery Materials Inc., a Delaware-incorporated renewable energy company focused on lithium and magnesium extraction from brine deposits in Utah's Lisbon Valley, is conducting a public offering of 3,327,273 shares of common stock and accompanying warrants to purchase 3,327,273 shares of common stock at an assumed public offering price of $5.50 per share. Each warrant is exercisable at $6.88 per share (125% of the offering price) and expires five years after issuance. The company also is offering pre-funded warrants to certain purchasers whose ownership would otherwise exceed 4.99% (or 9.99% at election) of outstanding common stock. Net proceeds are estimated at approximately $16.3 million (or $18.7 million if underwriters exercise their 45-day over-allotment option for 499,091 additional shares), which will be used primarily to fund the Lisbon Valley Project development, including pre-production drilling and geological work, with the remainder for mineral rights acquisitions and working capital. A NYSE American listing for the common stock is a condition to completing this offering.
  https://www.sec.gov/Archives/edgar/data/1487718/0001493152-26-037118.txt

## Citations
- 0001493152-26-037118 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226037118