Michael Legg

Mickey Legg

- Aqua Metals, Inc. has raised **$13 million** in gross proceeds from a leading institutional investor through a registered direct offering and a concurrent private placement.  **[1621832_0001437749-25-031102_ex_870785.htm:0]** **[1621832_0001437749-25-031102_aqms20251015_8k.htm:1]** 
- The offering included the sale of **1,133,794 shares of common stock and/or prefunded warrants** at a purchase price of **$11.34 per share/prefunded warrant**, and unregistered warrants to purchase up to **1,133,794 shares of common stock** at an exercise price of **$11.34 per share**.  **[1621832_0001437749-25-031102_ex_870785.htm:0]** 
- The company intends to use the net proceeds from the offering for **working capital and general corporate purposes**.  **[1621832_0001437749-25-031102_ex_870785.htm:0]** **[1621832_0001437749-25-031102_aqms20251015_8k.htm:1]** 
- The offering is expected to close on **October 16, 2025**.  **[1621832_0001437749-25-031102_ex_870785.htm:0]** **[1621832_0001437749-25-031102_aqms20251015_8k.htm:1]**

Aqua Metals (AQMS)