Aqua Metals Announces Proposed Public Offering of Common Stock
January 16 2019 - 5:18PM
Aqua Metals, Inc. (NASDAQ: AQMS), (“Aqua Metals” or the “Company”),
which is commercializing its proprietary AquaRefining™
electrochemical lead recycling technology, today announced that it
is proposing to offer and sell, subject to market conditions,
shares of its common stock in an underwritten public offering. Aqua
Metals expects to grant the underwriter a 45-day option to purchase
up to an additional 15 percent of the shares of common stock
offered in the public offering to cover over-allotments, if any.
All of the common shares are being offered by the Company. The
final terms of the offering will depend on market and other
conditions at the time of pricing, and there can be no assurance as
to whether or when the offering may be completed, or as to the
actual size or terms of the offering.
National Securities Corporation, a wholly owned
subsidiary of National Holdings Corporation (NASDAQ: NHLD), is
acting as sole book-running manager for the proposed offering.
A shelf registration statement on Form S-3
relating to the shares of common stock being offered was filed with
the Securities and Exchange Commission (the “SEC”) and is
effective. A preliminary prospectus supplement relating to the
offering has been filed with the SEC and is available on the SEC’s
website at http://www.sec.gov. Copies of the preliminary
prospectus supplement and the accompanying base prospectus relating
to this offering may also be obtained from: National
Securities Corporation, Attention: Christopher Passarelli, 200
Vesey Street, 25th Floor, New York, New York 10281, telephone:
(212) 417-8164 or by email at
prospectusrequest@nationalsecurities.com. This announcement
shall not constitute an offer to sell or a solicitation of an offer
to buy these securities, nor shall there be any offer or sale of
these securities in any state or jurisdiction in which such an
offer, solicitation or sale would be unlawful.
About Aqua Metals
Aqua Metals, Inc. (NASDAQ: AQMS) is reinventing
lead recycling with its patented AquaRefiningTM technology, and has
built its first recycling facility in Nevada’s Tahoe Reno
Industrial Complex.
Safe Harbor
This press release contains forward-looking
statements regarding the proposed public offering. The
offering is subject to market and other conditions and there can be
no assurance as to whether or when the offering may be completed or
as to the actual size or terms of the offering.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual results to
differ materially, including those risks disclosed in the section
“Risk Factors” included in the preliminary prospectus supplement
relating to the offering filed with the SEC on January 16,
2019. Aqua Metals cautions readers not to place undue
reliance on any forward-looking statements. The Company does
not undertake, and specifically disclaims any obligation, to update
or revise such statements to reflect new circumstances or
unanticipated events as they occur.
Investor Relations Darrow AssociatesAlison
ZieglerT: (201) 220-2678aziegler@darrowir.com
Aqua Metals (NASDAQ:AQMS)
Historical Stock Chart
From Aug 2024 to Sep 2024
Aqua Metals (NASDAQ:AQMS)
Historical Stock Chart
From Sep 2023 to Sep 2024