Form 8-K - Current report
December 20 2024 - 9:18AM
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): December 19, 2024
AMERICAN
BATTERY TECHNOLOGY COMPANY
(Exact
name of registrant as specified in its charter)
Nevada |
|
001-41811 |
|
33-1227980 |
(State
or other jurisdiction of
incorporation
or organization) |
|
(Commission
File
No.) |
|
(IRS
Employer
Identification
Number) |
100
Washington Street, Suite 100
Reno,
NV |
|
89503 |
(Address of principal executive
offices) |
|
(Zip Code) |
(775)
473-4744
(Registrant’s
telephone number including area code)
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of Each Class |
|
Trading
Symbol(s) |
|
Name
of Each Exchange on Which Registered |
Common
Stock, $0.001 par value |
|
ABAT |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 Entry into a Material Definitive Agreement.
On December 20, 2024, American
Battery Technology Company (the “Company”) entered into an amendment (the “Amendment”) to the Securities Purchase
Agreement, dated as of August 29, 2023 (as amended on November 14, 2024, the “Purchase Agreement”), by and among the Company
and the investors party thereto and the Subsequently Purchased Notes (as defined in the Purchase Agreement) issued thereunder bearing
Certificates Nos. A-3 and A-4. The currently outstanding notes issued under the Purchase Agreement have a conversation rate equal to (i)
1,333.33 shares of Common Stock (“Conversion Shares”) per $1,000 of principal amount of notes with respect to an aggregate
of $3,000,000 of principal across the notes, and (ii) 945.0992 Conversion Shares per $1,000 of principal amount of notes with respect
to the remaining $9,000,000 of principal across the notes. The Amendment increases the principal subject to the conversion rate in (i)
above to an aggregate of $5,000,000 and decreases the principal subject to the conversion rate in (ii) accordingly.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
|
AMERICAN BATTERY TECHNOLOGY COMPANY |
|
|
|
Date: December 20, 2024 |
By: |
/s/ Ryan Melsert |
|
|
Ryan Melsert |
|
|
Chief Executive Officer |
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