American Battery Technology ( (ABAT) ) has released an announcement.
American Battery Technology Company announced a $10 million registered direct offering of its common stock and accompanying warrants to institutional investors. The offering, priced at $2.65 per share, will be facilitated by AGP/Alliance Global Partners as sole placement agent, with the transaction expected to close on December 27, 2024, pending customary closing conditions. .
Learn more about American battery technology
American Battery Technology Company, based in Reno, Nevada, specializes in pioneering technologies for domestic manufacturing and battery metal recycling. The company aims to meet growing demand in the electric vehicle, stationary storage and consumer electronics sectors by supporting a circular supply chain for battery metals and advancing sustainable energy solutions.
Year-to-date price performance: -33.05%
Average trading volume: 3,108,037
Technical Sentiment Consensus Rating: Buy
Current market capitalization: $255.9 million
See more information on ABAT stock at TipRanks Stock Analysis Page.