AMERICAN BATTERY TECHNOLOGY Co

Item 1. Legal Proceedings

We may be involved in certain routine legal proceedings from time to time before various courts and governmental agencies. We cannot predict the final disposition of such proceedings. We regularly review legal matters and record provisions for claims considered probable of loss. The resolution of these pending proceedings is not expected to have a material effect on our operations or consolidated financial statements in the period in which they are resolved.

On September 24, 2024, the Company filed a complaint in the U.S. District Court for the District of Nevada, Case No. 3:24-cv-00434, asserting claims against Tysadco Partners, LLC (“Tysadco”) for amounts due and owing under March 16, 2024, March 21, 2024, and March 31, 2024, purchase agreements between Tysadco and the Company related to a Prospectus Supplement for the sale of Company stock. The Company promptly fulfilled its obligations under the Purchase Agreements by issuing the agreed upon shares of its common stock. However, to date Tysadco has only made partial payments to the Company under the purchase agreements, with the remaining $1,415,804.65 still unpaid. The Company intends to vigorously pursue its remedies against Tysadco for its nonpayment.