#USA #New York #Pomerantz #SEC Filing #American Battery

Investor Alert: Pomerantz Law Firm Investigates American Battery Technology Company

On October 23, 2025, the Pomerantz Law Firm announced it is looking into claims on behalf of investors of American Battery Technology Company, which trades on NASDAQ under the ticker symbol ABAT. This investigation arises after a series of troubling developments that have resulted in significant losses for shareholders of the company.

Background of the Investigation

Following the recent disclosure by American Battery, where it admitted to the U.S. Securities and Exchange Commission (SEC) that the Department of Energy (DoE) had terminated a grant intended for the construction of a lithium hydroxide production facility, many investors are concerned. American Battery had planned to use this funding to assist in building a commercial-scale operation for manufacturing battery cathode grade lithium hydroxide, essential for electric vehicle batteries and other technologies.

The grant was pivotal for the company, with the DoE slated to contribute $57.7 million, matched by American Battery itself. The sudden revocation of this grant caused alarm among investors who had anticipated the development would boost the company’s market standing and viability.

Impact on Stock Prices

In light of this adverse announcement, American Battery's stock price took a sharp downturn. Within three trading sessions, shares plummeted by $6.48, resulting in a staggering 57.19% decrease, closing at $1.85 on October 17, 2025. This substantial drop raises serious concerns about the company's management and their communication with investors regarding the risks involved in their operations and funding situation.

Legal Implications and Guidance for Investors

Pomerantz LLP, known for its focus on corporate, securities, and antitrust class litigation, seeks potential claimants who believe they have suffered losses due to fraudulent activities by the company's executives and directors. Investors are encouraged to reach out to Danielle Peyton via email or phone provided in the firm's announcement.

Historically, Pomerantz has led numerous successful litigation efforts related to corporate misconduct, showcasing its dedication to holding companies accountable for wrongdoing. The firm emphasizes that past results do not guarantee similar outcomes, but it aims to offer a robust investigation into the claims surrounding American Battery.

Conclusion

As American Battery Technology Company navigates these turbulent waters, investors are urged to remain vigilant about the implications of the SEC's findings and the company's operational challenges. The potential for litigation can impact not only the company’s financial future but also the livelihoods of its shareholders. Continued updates from reputable sources will be critical as the situation develops, and stakeholders should remain proactive in safeguarding their investments.

For anyone affected or with questions, reaching out to Pomerantz LLP could provide necessary insight into the next steps in this unfolding story.