Battery X Metals Inc. confidentially submitted an amended draft registration statement on Form F-1 to the U.S. Securities and Exchange Commission (SEC) on September 8, 2026. The filing supports the company’s proposed initial public offering and listing on a U.S. national securities exchange.

The submission marks the latest step in a multi-stage registration process that began in late 2025. Battery X Metals initially filed a draft registration statement on December 12, 2025. Subsequent amendments were submitted on February 27, 2026, April 1, 2026, April 10, 2026, and May 18, 2026.

Offering Details Pending

The company has not yet determined the number of securities to be offered or the price range for the proposed offering. The IPO remains subject to the completion of the SEC review process, as well as prevailing market conditions and other factors.

Battery X Metals issued the announcement pursuant to Rule 135 under the Securities Act of 1933. The press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any future offers will comply with the registration requirements of the Securities Act.

Business Focus

Battery X Metals operates as an energy transition resource exploration and technology company. Its strategy involves a diversified approach to the battery metals industry, focusing on exploration, extending lithium-ion battery lifespan, and material recovery and recycling.

The company is advancing patent-pending lithium-ion battery rebalancing technology. In a demonstration conducted with the National Research Council of Canada (NRC), the technology recovered approximately 99% of capacity lost due to cell imbalance. The NRC validated the initial and final state of charge of the cells during this test.

Forward-Looking Statements

The release includes standard disclaimers regarding forward-looking statements. These statements are based on management’s current expectations and are subject to risks including the timing and completion of the SEC review, investor demand, and general economic conditions. There is no assurance that the IPO or listing will proceed on the terms contemplated or at all.

Battery X Metals Inc. (CSE: BATX) has appointed Nicholas Reichenbach as an independent director, effective October 1, 2026. The appointment adds executive experience in technology scaling and capital markets to the board.

Reichenbach currently serves as Managing Partner of Evolver Ventures Inc. He previously founded Flow Water Inc., leading it to a Toronto Stock Exchange listing in 2021. His background includes senior roles at Magmic Games and Rabbit.

Strategic Alignment

The company expects Reichenbach’s experience to support its lithium-ion battery rebalancing technology development. Battery X Metals is advancing real-world testing of this patent-pending technology across electric vehicle platforms.

Massimo Bellini Bressi, Chief Executive Officer, stated that Reichenbach’s track record in building technology businesses and raising institutional capital aligns with the company’s growth objectives.

Board Composition

Upon Reichenbach’s appointment, the Board of Directors will comprise five members. This includes three independent directors: Martino Ciambrelli, Howard Blank, and Reichenbach. Non-independent directors are Bellini Bressi and Dallas Pretty.

The Audit Committee currently consists of Blank, Ciambrelli, and Bellini Bressi.

Correction to Previous Disclosure

Battery X Metals clarified a discrepancy in its August 12, 2026 news release regarding the Y Lithium Project. The company initially disclosed an extension-of-time deposit of C$21,133.83 submitted to the Government of Saskatchewan.

The actual deposit amount was C$22,608.15. The difference of C$1,474.32 resulted from an inadvertent clerical error. All other information regarding the deposit remains unchanged.