INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of American Battery Technology Company - ABAT

NEW YORK, Oct. 23, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  American Battery Technology Company ("American Battery" or the "Company") (NASDAQ: ABAT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether American Battery and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

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On October 15, 2025, American Battery disclosed in a filing with the U.S. Securities and Exchange Commission that the U.S. Department of Energy ("DoE") had terminated its grant for the construction of a commercial scale facility for the manufacturing of battery cathode grade lithium hydroxide.  Under the grant, the DoE would have contributed $57.7 million towards the facility, while the Company would have put in an equal amount. 

On this news, American Battery's stock price fell $6.48 per share, or 57.19%, over the following three trading sessions, closing at $1.85 per share on October 17, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

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CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP