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[8-K] American Battery Technology Company Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

American Battery Technology Company (ABAT) filed an 8-K announcing that its April 1 2025 agreement to sell a non-core 12-acre property in Fernley, Nevada for $6.75 million has been terminated. The buyer cancelled the deal on July 28 2025 during the due-diligence window, and the contract was voided with no early-termination penalties to the company.

The cancelled transaction postpones a planned cash infusion that could have bolstered liquidity and reduced real-estate carrying costs. ABAT retains ownership of the land and stated it "continues to market the property for sale," but provided no alternative timeline, buyer, or financial impact estimates. No other operational or financial updates were included in this filing.

American Battery Technology Company (ABAT) ha presentato un modulo 8-K annunciando che il suo accordo del 1° aprile 2025 per la vendita di un terreno non strategico di 12 acri a Fernley, Nevada, per 6,75 milioni di dollari è stato annullato. L'acquirente ha cancellato l'accordo il 28 luglio 2025 durante il periodo di due diligence, e il contratto è stato rescisso senza penali per la risoluzione anticipata a carico della società.

La transazione annullata rinvia un previsto afflusso di liquidità che avrebbe potuto rafforzare la disponibilità di cassa e ridurre i costi di gestione immobiliare. ABAT mantiene la proprietà del terreno e ha dichiarato di "continuare a promuovere la vendita della proprietà", ma non ha fornito alcuna tempistica alternativa, acquirente o stime sull'impatto finanziario. Nessun altro aggiornamento operativo o finanziario è stato incluso in questa comunicazione.

American Battery Technology Company (ABAT) presentó un formulario 8-K anunciando que su acuerdo del 1 de abril de 2025 para vender una propiedad no esencial de 12 acres en Fernley, Nevada, por 6.75 millones de dólares ha sido cancelado. El comprador canceló el trato el 28 de julio de 2025 durante el período de diligencia debida, y el contrato fue anulado sin penalizaciones por terminación anticipada para la empresa.

La transacción cancelada pospone una inyección de efectivo planeada que podría haber mejorado la liquidez y reducido los costos de mantenimiento inmobiliario. ABAT conserva la propiedad del terreno y declaró que "continúa comercializando la propiedad para la venta", pero no proporcionó ningún cronograma alternativo, comprador o estimaciones de impacto financiero. No se incluyeron otras actualizaciones operativas o financieras en esta presentación.

American Battery Technology Company (ABAT)는 2025년 4월 1일에 체결한 네바다주 펀리의 비핵심 12에이커 부동산을 675만 달러에 매각하기로 한 계약이 종료되었음을 8-K 보고서로 발표했습니다. 매수인은 2025년 7월 28일 실사 기간 중 계약을 취소했으며, 회사에 조기 해지 벌금 없이 계약이 무효 처리되었습니다.

취소된 거래로 인해 유동성을 강화하고 부동산 유지비용을 줄일 예정이던 현금 유입이 연기되었습니다. ABAT는 토지 소유권을 유지하며 "계속해서 해당 부동산을 판매 중"이라고 밝혔지만, 대체 일정, 매수인, 재무 영향 추정치는 제공하지 않았습니다. 이 보고서에는 다른 운영 또는 재무 관련 업데이트가 포함되지 않았습니다.

American Battery Technology Company (ABAT) a déposé un formulaire 8-K annonçant que son accord du 1er avril 2025 portant sur la vente d'un terrain non stratégique de 12 acres à Fernley, Nevada, pour 6,75 millions de dollars a été annulé. L'acheteur a annulé la transaction le 28 juillet 2025 pendant la période de due diligence, et le contrat a été résilié sans pénalités pour résiliation anticipée à la charge de la société.

Cette annulation reporte une injection de trésorerie prévue qui aurait pu renforcer la liquidité et réduire les coûts liés à la détention immobilière. ABAT conserve la propriété du terrain et a déclaré "continuer à commercialiser le bien à la vente", mais n'a fourni aucun calendrier alternatif, acheteur ou estimation d'impact financier. Aucun autre mise à jour opérationnelle ou financière n'a été incluse dans ce dépôt.

American Battery Technology Company (ABAT) hat in einer 8-K-Meldung bekanntgegeben, dass die Vereinbarung vom 1. April 2025 zum Verkauf eines nicht zum Kerngeschäft gehörenden 12 Hektar großen Grundstücks in Fernley, Nevada, für 6,75 Millionen US-Dollar aufgehoben wurde. Der Käufer hat den Vertrag am 28. Juli 2025 während der Due-Diligence-Phase storniert, und der Vertrag wurde ohne Strafen für vorzeitige Kündigung für das Unternehmen aufgehoben.

Die abgesagte Transaktion verzögert eine geplante Kapitalzufuhr, die die Liquidität hätte stärken und die Immobilienhaltungskosten hätte senken können. ABAT behält das Eigentum an dem Grundstück und erklärte, dass es "weiterhin aktiv nach einem Käufer für das Grundstück sucht", gab jedoch keinen alternativen Zeitplan, Käufer oder Schätzungen der finanziellen Auswirkungen an. Keine weiteren operativen oder finanziellen Updates wurden in dieser Meldung enthalten.

Positive
  • No early-termination penalties were incurred, preserving ABAT’s cash balance.
  • Property remains on the market, allowing for potential future monetisation at similar or improved terms.
Negative
  • $6.75 million cash inflow from the planned sale is now delayed or uncertain.
  • Continued carrying costs and potential impairment risk remain until a new buyer is secured.

Insights

TL;DR: Loss of $6.75 M sale cash is modestly negative; absence of penalties offsets some impact.

The termination removes a non-dilutive liquidity event, leaving ABAT without the expected $6.75 million that could have supported capex or working capital. However, avoidance of break-fee costs preserves existing cash, and the asset can still be monetised later. Given the company's development-stage profile, timing of cash matters, so I view the news as slightly negative to neutral for near-term funding flexibility.

TL;DR: Deal collapse signals buyer caution; property remains marketable but timeline uncertain.

Industrial land in Fernley has been liquid, yet the buyer exited before due diligence completion, suggesting possible site-specific issues or price pushback. While no penalty is a relief, ABAT now faces ongoing taxes, maintenance and market risk. Resale potential persists, but closing another transaction may require price concessions or additional time, keeping the asset illiquid.

American Battery Technology Company (ABAT) ha presentato un modulo 8-K annunciando che il suo accordo del 1° aprile 2025 per la vendita di un terreno non strategico di 12 acri a Fernley, Nevada, per 6,75 milioni di dollari è stato annullato. L'acquirente ha cancellato l'accordo il 28 luglio 2025 durante il periodo di due diligence, e il contratto è stato rescisso senza penali per la risoluzione anticipata a carico della società.

La transazione annullata rinvia un previsto afflusso di liquidità che avrebbe potuto rafforzare la disponibilità di cassa e ridurre i costi di gestione immobiliare. ABAT mantiene la proprietà del terreno e ha dichiarato di "continuare a promuovere la vendita della proprietà", ma non ha fornito alcuna tempistica alternativa, acquirente o stime sull'impatto finanziario. Nessun altro aggiornamento operativo o finanziario è stato incluso in questa comunicazione.

American Battery Technology Company (ABAT) presentó un formulario 8-K anunciando que su acuerdo del 1 de abril de 2025 para vender una propiedad no esencial de 12 acres en Fernley, Nevada, por 6.75 millones de dólares ha sido cancelado. El comprador canceló el trato el 28 de julio de 2025 durante el período de diligencia debida, y el contrato fue anulado sin penalizaciones por terminación anticipada para la empresa.

La transacción cancelada pospone una inyección de efectivo planeada que podría haber mejorado la liquidez y reducido los costos de mantenimiento inmobiliario. ABAT conserva la propiedad del terreno y declaró que "continúa comercializando la propiedad para la venta", pero no proporcionó ningún cronograma alternativo, comprador o estimaciones de impacto financiero. No se incluyeron otras actualizaciones operativas o financieras en esta presentación.

American Battery Technology Company (ABAT)는 2025년 4월 1일에 체결한 네바다주 펀리의 비핵심 12에이커 부동산을 675만 달러에 매각하기로 한 계약이 종료되었음을 8-K 보고서로 발표했습니다. 매수인은 2025년 7월 28일 실사 기간 중 계약을 취소했으며, 회사에 조기 해지 벌금 없이 계약이 무효 처리되었습니다.

취소된 거래로 인해 유동성을 강화하고 부동산 유지비용을 줄일 예정이던 현금 유입이 연기되었습니다. ABAT는 토지 소유권을 유지하며 "계속해서 해당 부동산을 판매 중"이라고 밝혔지만, 대체 일정, 매수인, 재무 영향 추정치는 제공하지 않았습니다. 이 보고서에는 다른 운영 또는 재무 관련 업데이트가 포함되지 않았습니다.

American Battery Technology Company (ABAT) a déposé un formulaire 8-K annonçant que son accord du 1er avril 2025 portant sur la vente d'un terrain non stratégique de 12 acres à Fernley, Nevada, pour 6,75 millions de dollars a été annulé. L'acheteur a annulé la transaction le 28 juillet 2025 pendant la période de due diligence, et le contrat a été résilié sans pénalités pour résiliation anticipée à la charge de la société.

Cette annulation reporte une injection de trésorerie prévue qui aurait pu renforcer la liquidité et réduire les coûts liés à la détention immobilière. ABAT conserve la propriété du terrain et a déclaré "continuer à commercialiser le bien à la vente", mais n'a fourni aucun calendrier alternatif, acheteur ou estimation d'impact financier. Aucun autre mise à jour opérationnelle ou financière n'a été incluse dans ce dépôt.

American Battery Technology Company (ABAT) hat in einer 8-K-Meldung bekanntgegeben, dass die Vereinbarung vom 1. April 2025 zum Verkauf eines nicht zum Kerngeschäft gehörenden 12 Hektar großen Grundstücks in Fernley, Nevada, für 6,75 Millionen US-Dollar aufgehoben wurde. Der Käufer hat den Vertrag am 28. Juli 2025 während der Due-Diligence-Phase storniert, und der Vertrag wurde ohne Strafen für vorzeitige Kündigung für das Unternehmen aufgehoben.

Die abgesagte Transaktion verzögert eine geplante Kapitalzufuhr, die die Liquidität hätte stärken und die Immobilienhaltungskosten hätte senken können. ABAT behält das Eigentum an dem Grundstück und erklärte, dass es "weiterhin aktiv nach einem Käufer für das Grundstück sucht", gab jedoch keinen alternativen Zeitplan, Käufer oder Schätzungen der finanziellen Auswirkungen an. Keine weiteren operativen oder finanziellen Updates wurden in dieser Meldung enthalten.

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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): July 28, 2025

 

AMERICAN BATTERY TECHNOLOGY COMPANY
(Exact name of registrant as specified in its charter)

 

Nevada   001-41811   33-1227980
(State or other jurisdiction of   (Commission   (IRS Employer
incorporation or organization)   File No.)   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 1.02 Termination of a Material Definitive Agreement.

 

As previously disclosed, on April 1, 2025, American Battery Technology Company (the “Company”) entered into a Commercial/Investment Property Purchase Agreement and Joint Escrow Instructions (the “Purchase Agreement”) with Steven Pokrajac and Corina Pokrajac and/or their assigns to sell that certain property comprising approximately 12 acres located in Lyon County, Nevada, APN 021-071-50, commonly known as 395 Logan Lane, Fernley, Nevada, along with improvements located thereon, for a total purchase price of $6.75 million.

 

On July 28, 2025, the Purchase Agreement was terminated before the close of the buyer’s due diligence period, without material early termination penalties.

 

The Company continues to market the property for sale.

 

Exhibit No.   Description
104   Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document

 

 

 

 

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: August 1, 2025 By: /s/ Ryan Melsert
    Ryan Melsert
    Chief Executive Officer

 

 

 

 

FAQ

What agreement did ABAT terminate?

A Commercial/Investment Property Purchase Agreement to sell its 12-acre Fernley, NV property for $6.75 million.

When was the property sale cancelled?

The buyer cancelled during due diligence, and the agreement was terminated on July 28 2025.

Will ABAT pay any penalties for the termination?

No, the filing states there are no material early-termination penalties.

Does ABAT still plan to sell the Fernley property?

Yes. The company says it continues to market the property for sale.

How much cash was ABAT expecting from the aborted sale?

The deal would have provided $6.75 million in proceeds.

Is there any update on ABAT’s overall liquidity?

The 8-K gives no additional liquidity or financial guidance.
American Battery Technology Co

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