American Battery Materials extends note maturities to Sept. 30, 2026 with 15% principal step-up if NYSE American uplist missed
BLTH•BLTH•BLTH•BLTH•American Battery Materials amended outstanding promissory notes, extending maturities to Sept. 30, 2026.
Failure to uplist to NYSE American by that date triggers an automatic 15% principal step-up to $11.19 million.
The same trigger requires automatic issuance of 612,476 common shares to noteholders.
The amendments leave the company not in default under any of its notes.
