American Battery Technology Company (ABAT) has filed a shelf registration statement on Form S-3 authorizing the primary offering of up to $250,000,000 of common stock, preferred stock, warrants and/or units, including a sales agreement prospectus for an at-the-market (ATM) program of up to $100,000,000 in common stock through Virtu Americas LLC.
ABAT’s common stock trades on Nasdaq under the symbol ABAT and closed at $2.47 on September 11, 2026, when 142,577,758 shares were outstanding. Assuming full use of the ATM at $2.47 per share, up to 40,485,830 new shares could be issued, increasing outstanding shares to 183,063,588, subject to the company’s authorized share limit of 250,000,000 common shares. Net proceeds from any sales will be used for general corporate purposes and working capital.
AMERICAN BATTERY TECHNOLOGY Co (ABAT) director Elizabeth Ann Lowery reported an indirect sale of common stock through Lowery and Associates, LLC. On September 16, 2026, the entity sold 19,375 shares of ABAT common stock at $2.18 per share in an open market or private transaction, leaving 74,376 shares held indirectly after the sale. No Rule 10b5-1 trading plan is reported for this transaction.
AMERICAN BATTERY TECHNOLOGY Co (ABAT) director Susan Y. Lee reported an indirect sale of 21,360 shares of common stock on September 16, 2026, at $2.16 per share, through Rocketbox, LLC. After this transaction, Rocketbox, LLC held 170,840 shares of ABAT common stock indirectly attributed to Lee. No Rule 10b5-1 trading plan is reported for this sale.
American Battery Technology Company (ABAT) reported fiscal year 2026 results with revenue rising to $21.7 million, a 407% increase from $4.3 million in 2025, driven largely by ramp-up of its first commercial lithium-ion battery recycling facility and growing demand for recycled critical minerals.
The company achieved positive adjusted gross profit of $1.7 million (non-GAAP) versus a $6.2 million loss a year earlier, although GAAP gross loss was $3.1 million. Cash increased to $49.5 million and total assets to $132.8 million, and the company ended the year with no outstanding debt, supported by DOE grants and project progress at its Tonopah Flats Lithium Project.
Operating expenses expanded significantly as ABAT invested in growth, leading to a larger net loss of $73.4 million compared with $46.8 million in 2025. Shares outstanding increased to 141.5 million, reflecting substantial equity issuance to fund expansion of integrated recycling and lithium manufacturing initiatives.
American Battery Technology Company (ABAT) reports that for the fiscal year ended June 30, 2026 it substantially scaled early-stage operations but remained deeply loss-making. Revenue rose to $21.7 million from $4.3 million, driven by higher recycled feedstock throughput and better pricing for its battery materials and byproducts. Cost of goods sold increased to $24.8 million, narrowing the gross loss to $3.1 million versus $10.6 million in 2025 as volume improved.
Total operating expenses more than doubled to $71.6 million, largely from higher general and administrative costs, including a $29.4 million jump in stock-based compensation tied to 2026 performance awards, and increased R&D spending to support technology and capacity expansion. Net loss widened to $73.4 million from $46.8 million, or $0.58 per share in both years.
Liquidity strengthened: cash and cash equivalents grew to $49.5 million and working capital to $53.7 million, with no debt outstanding, supported by $65.8 million raised through an at-the-market equity program and $10.0 million from warrant exercises. ABAT highlights multiple large U.S. government grants and tax credits, including awards supporting two critical-mineral recycling facilities and a claystone lithium refinery, but discloses that it still expects to rely on additional equity or debt financing as it scales.
AMERICAN BATTERY TECHNOLOGY Co (ABAT) reported that Chief Executive Officer and director Ryan Mitchell Melsert received an award of 33,383 shares of Common Stock on September 2, 2026, representing the vesting of previously granted equity under the company’s employee equity compensation plan. On September 3, 2026, 866 shares of Common Stock were delivered to cover a portion of the tax liability associated with that vesting at a reference value of $2.70 per share. No Rule 10b5-1 trading plan is reported for these transactions.
AMERICAN BATTERY TECHNOLOGY Co (ABAT) reported insider equity activity by Chief Operating Officer Steven Wu. On August 22, 2026, he received 63,373 shares of common stock at $0.00 per share as vesting under his employment agreement, and on August 24, 2026, 31,344 shares of common stock were disposed of at $2.40 per share to cover associated tax liability. On August 25, 2026, he reported a transaction for 291,540 warrants to purchase common stock at an exercise price of $1.07 per share, described as an issuance under his employment agreement, leaving him with 291,540 warrants outstanding. These warrants vest 4/16 on September 16, 2025, then 1/16 quarterly until fully vested and expire five years after issuance or vesting, whichever is later, beginning August 24, 2031.
AMERICAN BATTERY TECHNOLOGY Co (ABAT) reported equity compensation and related insider transactions by Chief Executive Officer Ryan Mitchell Melsert. On 2026-08-22, he was awarded 102,997 shares of Common Stock at $0.00 per share, vesting pursuant to his employment agreement. On 2026-08-24, 39,397 Common Shares were disposed of at $2.40 per share to cover tax liability associated with that vesting. On 2026-08-25, he was issued 631,375 Warrants with an exercise price of $0.99 per share, each warrant exercisable into one share of Common Stock, under his employment agreement; these warrants vest 1/16th quarterly beginning October 1, 2024 and expire five years after issuance or vesting, beginning August 24, 2031. Overall, the filing reflects mixed activity combining stock awards, tax-related share withholding, and a substantial new warrant grant.
American Battery Technology Company (ABAT) reported unaudited preliminary results for the quarter ended June 30, 2026, highlighted by record quarterly revenue of $8.2 million and an 86% quarter-over-quarter increase in gross profit to $1.3 million, driven by higher throughput and operational efficiencies at its Nevada recycling facility. Cost of goods sold declined to $6.9 million from $7.1 million, improving margins.
The company also won an appeal with the U.S. Department of Energy, resulting in full reinstatement of a previously terminated $57 million grant supporting the planned $115 million first processing train at the Tonopah Flats Lithium Project. A prior Pre-Feasibility Study for Tonopah Flats outlined designed production of 30,000 tonnes per year of lithium hydroxide monohydrate over a 45-year life, with after-tax NPV (8%) of $2.57 billion and IRR of 21.8%.
Separately, a new federal Directive under the Defense Production Act requires U.S. producers to allocate 100% of black mass sales to U.S. persons from August 27, 2026, for about one year. Because sales of black mass constitute the majority of ABAT’s revenue and most customers are currently outside the United States, the company warns that inability to obtain an export exception could have a material adverse effect on revenue, results of operations, financial condition, cash flows, and its ability to fund operations and growth.
American Battery Technology Co Chief Executive Officer Ryan Mitchell Melsert reported equity compensation activity. On July 20, 2026 he acquired 20,834 shares of common stock at $0.00 per share upon vesting under the company’s employee equity compensation plan. On July 22, 2026 he disposed of 7,780 shares at $2.50 per share to cover related tax liability.