Electra Battery Materials Corp SEC Filings

Amendment No. 1 to a Schedule 13D filed by OCONNOR, a distinct business unit of UBS Asset Management Americas (LLC), updates the reporting of its holdings in Electra Battery Materials Corp (ELBM). The filing reports beneficial ownership of 918,210 common shares, representing 4.9% of the class when including an aggregate 776,810 common shares obtainable upon exercise of warrants and conversion of notes held by the reporting person. The percent calculation uses 17,962,173 common shares outstanding as disclosed by the issuer on August 15, 2025. The amendment mainly supplements Items 3 and 6 of the original Schedule 13D and otherwise leaves prior disclosures unchanged. The filing is signed by Charles Mathys as Chief Compliance Officer on 08/25/2025.

Highbridge Capital Management filed Amendment No. 1 to its Schedule 13D reporting beneficial ownership of 3,587,438 common shares representing 9.9% of Electra Battery Materials (ELBM), a figure that includes 1,401,919 shares issuable on warrants and 2,184,440 shares issuable on convertible notes. The Amendment describes a Transaction Support Agreement dated August 21, 2025, under which consenting noteholders agreed to exchange 60% of principal and accrued interest for common shares at US$0.60 per share and 40% for a new 3-year term loan with cash interest at 8.99% or PIK at 11.125%. The plan contemplates a New Equity Offering to raise at least US$30.0 million of units (one share plus one warrant exercisable at US$1.25 for three years) with backstop commitments and revised governance rights allowing consenting noteholders to appoint up to three directors initially. The Agreement also documents purchase of US$2.0 million in Bridge Notes (Highbridge purchased US$572,937.75) maturing in 90 days at 12.0% interest and temporary liquidity covenant relief. The summary is qualified by and subject to the full agreements filed as exhibits.

Whitebox Advisors amended its Schedule 13D for Electra Battery Materials Corp (ELBM) to describe a Transaction Support Agreement among the Issuer and Consenting Convertible Noteholders. The agreement contemplates exchanging 60% of outstanding convertible note principal and accrued interest for Common Shares at US$0.60 per share and converting 40% into a new three-year term loan bearing cash interest at 8.99% or PIK at 11.125%. The holders agreed to backstop part of a New Equity Offering to raise at least US$30.0 million and purchased US$2.0 million of 90-day Bridge Notes at 12.0% interest. The Consenting Convertible Noteholders gain board appointment rights and amendments to royalties (extended to seven years and cap increased to US$10.0 million).

Electra Battery Materials Corporation filed a Form 6-K furnishing its interim disclosures. The filing furnishes the company's condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and six months ended June 30, 2025, together with CEO and CFO interim certifications and a related press release.

The filing is a disclosure of interim reporting materials rather than a standalone earnings announcement or corporate action. It makes the company’s latest interim financials and management commentary available to investors and regulators.