Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against American Battery Technology Company (ABAT) And Encourages Stockholders to Reach Out
NEW YORK CITY, NY / ACCESS Newswire / October 24, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of American Battery Technology Company ("American Battery" or "the Company") (NASDAQ:ABAT). Investors who purchased American Battery securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/ABAT.
Investigation Details
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. Following 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 on October 17, 2025.
What's Next?
If you are aware of any facts relating to this investigation or purchased American Battery securities, you can assist this investigation by visiting the firm's site: bgandg.com/ABAT. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
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