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AMERICAN BATTERY MATERIAL - $BLTH STOCK NEWS

Welcome to our dedicated page for AMERICAN BATTERY MATERIAL news (Ticker: $BLTH), a resource for investors and traders seeking the latest updates and insights on AMERICAN BATTERY MATERIAL stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AMERICAN BATTERY MATERIAL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AMERICAN BATTERY MATERIAL's position in the market.

News
American Battery Materials Announces Reverse Stock Split
Rhea-AI Summary
American Battery Materials, Inc. (OTC: BLTH) has completed a 1-for-300 reverse stock split, reducing outstanding shares from 3.3 billion to approximately 11 million. The company aims to list on a senior exchange for long-term shareholder value. The common stock will continue to trade on the OTC Marketplace under the symbol 'BLTH'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-96.08%
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none
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News
American Battery Materials Provides Corporate Update
Rhea-AI Summary
American Battery Materials, Inc. (BLTH) provided an update on their operational momentum at the Lisbon Valley Lithium Project, the macro-economic catalysts driving the need for lithium, and their decision to terminate the proposed SPAC transaction. They also discussed their path to listing on a senior U.S. exchange, the transformation to a clean energy economy driving a generational opportunity in lithium, and their approach to lithium extraction using Direct Lithium Extraction (DLE). Additionally, they highlighted their Lisbon Valley Project summary and proposed joint venture with Xantippe Resources, and their clearly defined pathway to listing on a senior exchange.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25%
Tags
none
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News
American Battery Materials Issues Clarification on Status of Reverse Stock Split
Rhea-AI Summary
American Battery Materials, Inc. (OTC Pink: BLTH) issued a clarification regarding the status of the Company’s 1-for-300 reverse stock split. The reverse stock split was scheduled to become effective on the OTC Marketplace on November 15, 2023, but was rescinded due to the failure of the Company's transfer agent, Equiniti, to confirm engagement with DTC. The Company is working to resolve the issue and expects the reverse stock split to proceed soon. Additionally, ABM and Seaport Global Acquisition II Corp. (NASDAQ: SGII) announced a proposed business combination, where ABM will become a wholly-owned subsidiary of SGII, and the combined company is expected to be listed on the Nasdaq Global Market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.67%
Tags
none
News
American Battery Materials Announces Term Sheet for Joint Venture and Stock Purchase with Xantippe Resources
Rhea-AI Summary
American Battery Materials, Inc. (OTC Pink: BLTH) announced a series of transactions with Xantippe Resources Limited (ASX: XTC), including the formation of joint ventures for lithium extraction projects in Argentina and Australia and the purchase of a direct ownership interest in XTC. This move will significantly expand ABM’s asset base and diversify its project portfolio, aligning with the company's development strategy and commitment to environmentally responsible mineral exploration and development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
Seaport Global Acquisition II Corp. and American Battery Materials, Inc. Announce Initial Filing of Registration Statement on Form S-4 in Connection With Their Proposed Business Combination
Rhea-AI Summary
Seaport Global Acquisition II Corp. and American Battery Materials have filed the initial Registration Statement on Form S-4 with the SEC, a necessary step towards merger completion. ABM is primed to be a leader in the lithium supply chain with its direct lithium extraction. The demand for lithium continues to outpace supply. The proposed merger will result in ABM becoming a wholly owned subsidiary of SGII and listed on Nasdaq.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.69%
Tags
acquisition
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News
American Battery Materials, Inc. Confirms Commitment to $120 Million Merger
Rhea-AI Summary
ABM reaffirms commitment to merger with SGII despite NASDAQ delisting warning letter. Seaport Global has extended its time frame and undergone redemptions, reducing shareholder base and equity. ABM believes completion of the merger will satisfy NASDAQ listing standards. Proposed merger to result in ABM becoming wholly owned subsidiary of SGII.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.67%
Tags
acquisition
News
American Battery Materials Acquires Substantial Mining Claims to Increase Domestic Production of Lithium
Rhea-AI Summary
American Battery Materials, Inc. (BLTH) expands lithium mining claims to 14,300 acres in Utah. The company aims to become a leader in lithium production in the U.S. and has signed a merger agreement with Seaport Global Acquisition II Corp. (SGII).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.29%
Tags
acquisition
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News
American Battery Materials, Inc. to Attend the Fastmarkets Lithium Supply and Battery Raw Materials Conference
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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conferences
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News
American Battery Materials, Inc. Expands Board and Strategic Relationships to Accelerate Lithium Extraction Development
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.88%
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none
News
American Battery Materials, Inc. Releases New Technical Report Summary on its Lisbon Valley Lithium Project
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.26%
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none
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AMERICAN BATTERY MATERIAL

OTC:BLTH

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BLTH Stock Data

6.83M
3.79M
63.5%
Iron and Steel Forging
Manufacturing
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United States of America
Greenwich