American Battery Materials extends note maturities to Sept. 30, 2026 with 15% principal step-up if NYSE American uplist missed

Reuters2026/08/25 13:14

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American Battery Materials amended outstanding promissory notes, extending maturities to Sept. 30, 2026.
Failure to uplist to NYSE American by that date triggers an automatic 15% principal step-up to $11.19 million.
Same trigger requires automatic issuance of 612,476 common shares to noteholders.
Amendments leave the company not in default under any of its notes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Battery Materials Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-039978), on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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American Battery Materials extends note maturities to Sept. 30, 2026 with 15% principal step-up if NYSE American uplist missed

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