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Electra Battery Materials Sets Up At-the-Market Equity Program With H.C. Wainwright

Story Highlights
  • Electra Battery Materials filed a Form 6-K noting an at-the-market equity offering agreement with H.C. Wainwright.
  • The ATM program allows Electra to issue common shares under a Form F-3 shelf, enhancing capital-raising flexibility but potentially diluting shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Electra Battery Materials Sets Up At-the-Market Equity Program With H.C. Wainwright

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The latest update is out from Electra Battery Materials Corp ( (TSE:ELBM) ).

On December 22, 2025, Electra Battery Materials Corporation filed a Form 6-K with the U.S. Securities and Exchange Commission, reporting that it has entered into an at-the-market (ATM) offering agreement dated June 26, 2025 with H.C. Wainwright & Co., LLC. Under this agreement, Electra may issue and sell common shares from time to time through the investment bank, subject to limits tied to the number of registered and authorized but unissued shares and the company’s continued eligibility to use a shelf registration on Form F-3. The filing formalizes the framework for opportunistic equity issuance, giving Electra added flexibility to raise capital in the public markets as needed, which could support its ongoing battery materials initiatives but may also lead to incremental share dilution for existing investors depending on the size and timing of any sales.

The most recent analyst rating on (TSE:ELBM) stock is a Buy with a C$2.10 price target. To see the full list of analyst forecasts on Electra Battery Materials Corp stock, see the TSE:ELBM Stock Forecast page.

Spark’s Take on TSE:ELBM Stock

According to Spark, TipRanks’ AI Analyst, TSE:ELBM is a Underperform.

Electra Battery Materials Corp’s overall stock score is low due to its severe financial difficulties, including no revenue and high losses, and negative valuation metrics. While technical analysis indicates a bearish trend, recent corporate events show potential for future growth, but they are insufficient to offset current financial and operational challenges.

To see Spark’s full report on TSE:ELBM stock, click here.

More about Electra Battery Materials Corp

Electra Battery Materials Corporation is a Canada-based company focused on the battery materials sector, with its common shares listed on the Nasdaq Capital Market and the TSX Venture Exchange. The company operates as a foreign private issuer under U.S. securities regulations and files its continuous disclosure documents with the U.S. Securities and Exchange Commission on Form 20-F and related forms.

Average Trading Volume: 663,132

Technical Sentiment Signal: Sell

Current Market Cap: C$126.4M

For a thorough assessment of ELBM stock, go to TipRanks’ Stock Analysis page.

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