American Battery Technology Co.

09/20/2024 | Press release | Distributed by Public on 09/20/2024 15:25

Amendments to Bylaws Form 8 K

Item 1.01. Entry Into a Material Definitive Agreement

On September 16, 2024, American Battery Technology Company (the "Company") entered into a Subscription and Investment Representation Agreement (the "Subscription Agreement") with Ryan Melsert, its Chief Executive Officer, who is an accredited investor (the "Purchaser"), pursuant to which the Company agreed to issue and sell five (5) shares of the Company's Series D Preferred Stock, par value $0.001 per share (the "Preferred Stock"), to the Purchaser for an aggregate purchase price of $100.00, $20.00 per share of Preferred Stock. The sale closed on September 16, 2024. The Subscription Agreement contains customary representations and warranties and certain indemnification rights and obligations of the parties.

The foregoing summary of the Subscription Agreement does not purport to be complete and is subject to, and qualified in its entirety by, such document, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.