American Battery Materials Completes Reverse Stock Split

American Battery Materials Inc. has successfully carried out a reverse stock split, as detailed in a recent Form 8-K filed with the Securities and Exchange Commission on January 24, 2025.

The reverse stock split, which became effective on January 24, 2025, involved a ratio of one share for every 5 shares outstanding prior to the effective date. Following this action, the total number of authorized shares of common stock was reduced from 4,500,000,000 shares to 100,000,000 shares, with the par value per share remaining at $0.001. Importantly, the authorized shares of the company’s preferred stock, valued at $0.001 per share, were not altered.

Through this reverse stock split, each shareholder’s ownership interest and proportional voting power in the company have been maintained, except for minor adjustments due to fractional interests being rounded up. The reverse stock split does not affect the rights and privileges of the holders of the common stock.

The Certificate of Amendment related to this reverse stock split was filed with the Secretary of State of Delaware on January 16, 2025, and is available as Exhibit 3.7 in the filed report. Additionally, a press release dated January 24, 2025, was issued by American Battery Materials to announce the effective implementation of the reverse stock split. The full text of this press release can be found in Exhibit 99.1 of the report.

As part of its disclosure, American Battery Materials included the necessary financial statements and exhibits. The listed exhibits, including the Certificate of Amendment and an Interactive Data File, are provided in the current report for reference.

David E. Graber, the Chief Executive Officer of American Battery Materials Inc., signed off on the Form 8-K. As stipulated, the report was duly authorized and submitted on January 24, 2025, ensuring full compliance with the requirements of the Securities Exchange Act of 1934.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read American Battery Materials’s 8K filing here.

American Battery Materials Company Profile

American Battery Materials, Inc is a renewable energy company, which engages in the extraction, refinement, and distribution of technical minerals. It also intends to acquire mining claims that historically reported high levels of lithium and other tech minerals. The company was founded by Raymond J.