Aqua Metals Announces Closing of $8.05 Million Public Offering of Common Stock, Including Full Exercise of Over-Allotment Option

RENO, Nev., May 17, 2024 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (Nasdaq: AQMS) (“Aqua Metals” or the “Company”), a pioneer in sustainable lithium-ion battery recycling, today announced the closing of its $8.05 million underwritten public offering of 20,125,000 shares of its common stock and non-redeemable warrants to purchase 20,125,000 shares of its common stock, including 2,625,000 shares of common stock and warrants issued pursuant to the full exercise by the underwriter of its over-allotment option. The public offering price, before the underwriter’s discount and commissions, for each share of common stock and for each warrant was $0.39 and $0.01, respectively. All of the securities in the underwritten public offering were sold by the Company.