Adam C. Lipson - 01 Apr 2025 Form 4 Insider Report for AMERICAN BATTERY MATERIALS, INC. (BLTH)

Role: Director
Signature: /s/ Adam Lipson
Issuer symbol: BLTH
Transactions as of: 01 Apr 2025
Net transactions value: +$829,563,800
Form type: 4
Filing time: 22 Sep 2025, 14:20:07 UTC
Previous filing: 03 Apr 2025
Next filing: 05 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Lipson Adam C	Director	500 WEST PUTNAM AVE SUITE 400, GREENWICH	/s/ Adam Lipson	22 Sep 2025	0001941997

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLTH	Common Stock	Other	$720	+160	+0.05%	$4.50	331,918	07 May 2025	Direct	F1
transaction	BLTH	Common Stock	Award	$8,874	+1,112	+0.34%	$7.98	333,030	23 May 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BLTH	Convertible Note	Other	$35,477,200	+2,932		$12100.00	2	27 Feb 2025	Common Stock	2,932	$6.35	Direct	F3
transaction	BLTH	Convertible Note	Purchase	$188,377,006	+10,893		$17293.40	3	01 Aug 2025	Common Stock	10,893	$6.35	Direct	F4
transaction	BLTH	Convertible Note	Purchase	$605,700,000	+12,114		$50000.00	4	28 Aug 2025	Common Stock	12,114	$6.35	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock issued in consideration for the extension of the maturity date of convertible notes, pursuant to the terms of the note extension agreement
F2	Represents shares of common stock issued as part of the annual equity grant for service as a member of the Board of Directors, pursuant to the terms of the Company's Director Compensation Agreement
F3	Convertible note issued on 2/27/2025 in the amount of $10,000, with current principal of $12,100 after subsequent maturity extensions Pari-Passu with other noteholders and convertible at a 35% discount to the company's proposed uplist. Price expected to be $6.35 per share.
F4	Convertible note issued on 8/1/2025in the amount of $15,721.27, with current principal of $17,293.40 after Most Favored Nations principal increase Pari-Passu with other noteholders and convertible at a 25% discount to the company's proposed uplist. Price expected to be $6.35 per share.
F5	Convertible note issued on 8/28/2025 in the amount of $50,000 convertible at a 25% discount to the company's proposed uplist. Price expected to be $6.35 per share.