16 July 2014agm notice● Neutral
Abtech Holdings, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 May 2014quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $183 thousand and a net loss of $1.4 million for the period ended 2014-06-30.
30 Apr 2014agm notice● Neutral
Abtech Holdings, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
15 Apr 2014director interest notice● Neutral
Abtech Holdings, Inc. director William C Mccartney bought 10,000 shares on the open market at $0.48.
10 Apr 2014director interest notice● Neutral
William S Brennan became a Abtech Holdings, Inc. director and company insider (initial ownership filing).
12 Dec 2013capital raising announcement● NeutralMajor
On December 9, 2013 the company closed a $3.5 million private sale of 6.5% secured convertible notes to two investors. The notes mature in 24 months and convert at $0.53 a share, with warrants for 1 million shares at $0.70 and a 4.5% ($157,500) placement agent fee. The press release says proceeds are intended to repay any of the existing $2.3 million of short-term debt that does not convert, and to fund operations including the Nassau County contract. This continues the open thread on the earlier short-term notes and adds new debt that could dilute shareholders if converted.
25 Nov 2013director interest notice● Neutral
Abtech Holdings, Inc. director Farr Olivia H. bought 18,348 shares on the open market at $0.50.
22 Nov 2013director interest notice● Neutral
Abtech Holdings, Inc. director Hill A. Judson bought 50,000 shares on the open market at $0.49.
22 Nov 2013director interest notice● Neutral
Abtech Holdings, Inc. director Kohlhagen Steven W bought 27,058 shares on the open market.
21 Nov 2013director interest notice● Neutral
Abtech Holdings, Inc. director Greenwald David bought 35,000 shares on the open market.
21 Nov 2013director interest notice● Neutral
Abtech Holdings, Inc. Vice President White Bjornulf R bought 10,000 shares on the open market at $0.49.
15 Nov 2013director interest notice● Neutral
William C Mccartney became a Abtech Holdings, Inc. director and company insider (initial ownership filing).
14 Nov 2013quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $155 thousand and a net loss of $1.3 million for the period ended 2013-12-31.
4 Nov 2013securities registration● Neutral
Abtech Holdings, Inc. filed the final prospectus for a registered offering.
10 Oct 2013material agreement▲ GoodMajor
On October 8, 2013 AbTech Industries signed a three-year contract with Nassau County, New York to design, install, maintain and monitor stormwater treatment at up to ten outfall sites, for no more than $12,000,000, paid monthly as work is completed. The press release says it was originally awarded July 1, 2013 and that about 95% of the amount is payable in the first year. This is a large contract relative to the company's recent quarterly revenue of $81-134 thousand.
23 Aug 2013securities registration● Neutral
Abtech Holdings, Inc. amended a filing by which it registered a securities offering with the SEC.
14 Aug 2013quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $72 thousand and a net loss of $1.3 million for the period ended 2013-09-30.
29 July 2013securities registration● Neutral
Abtech Holdings, Inc. amended a filing by which it registered a securities offering with the SEC.
1 July 2013capital raising announcement● Neutral
On June 25, 2013 the company signed an equity line with Dutchess Opportunity Fund II, under which Dutchess is committed to buy up to $2 million of common stock over 36 months, at 97% of the lowest daily volume-weighted average price in a five-day pricing period. The company chooses when to sell and need not use it all; no sales can happen until the registration statement filed June 25, 2013 is declared effective. At $0.66 a share, a full draw would be about 3,124,024 shares (about 4.4% of the 67,529,462 outstanding), and the company owes a $15,000 document fee.
25 June 2013securities registration● Neutral
Abtech Holdings, Inc. registered a securities offering with the SEC.
5 June 2013agm notice● Neutral
Abtech Holdings, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
15 May 2013quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $134 thousand and a net loss of $1.3 million for the period ended 2013-06-30.
10 May 2013securities registration● Neutral
Abtech Holdings, Inc. amended a filing by which it registered a securities offering with the SEC.
7 May 2013securities registration● Neutral
Abtech Holdings, Inc. amended a filing by which it registered a securities offering with the SEC.
23 Apr 2013agm notice● Neutral
Abtech Holdings, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
19 Apr 2013director interest notice● Neutral
White Bjornulf R became a Abtech Holdings, Inc. Vice President and company insider (initial ownership filing).
18 Apr 2013securities registration● Neutral
Abtech Holdings, Inc. amended a filing by which it registered a securities offering with the SEC.
4 Feb 2013quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $100 thousand and a net loss of $1.2 million for the period ended 2013-03-31.
4 Feb 2013quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $100 thousand and a net loss of $1.2 million for the period ended 2013-03-31.
4 Feb 2013securities registration● Neutral
Abtech Holdings, Inc. amended a filing by which it registered a securities offering with the SEC.