14 Nov 2012quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $81 thousand and a net loss of $3.0 million for the period ended 2012-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 Nov 2012securities registration● Neutral
Abtech Holdings, Inc. amended a filing by which it registered a securities offering with the SEC.
30 Oct 2012securities registration● Neutral
Abtech Holdings, Inc. filed notice of an exempt private placement.
22 Oct 2012director interest notice● Neutral
Abtech Holdings, Inc. VP, Treasurer, Secretary & CFO Castleton Lane J. received a stock option grant for 536,000 shares.
17 Oct 2012director interest notice● Neutral
Abtech Holdings, Inc. director Greenwald David received a stock option grant for 280,000 shares.
17 Oct 2012director interest notice● Neutral
Abtech Holdings, Inc. director Farr Olivia H. received a stock option grant for 280,000 shares.
17 Oct 2012director interest notice● Neutral
Abtech Holdings, Inc. insider Gabel F. Daniel received a stock option grant for 280,000 shares.
17 Oct 2012director interest notice● Neutral
Abtech Holdings, Inc. director Hill A. Judson received a stock option grant for 280,000 shares.
17 Oct 2012director interest notice● Neutral
Abtech Holdings, Inc. President and CEO Rink Glenn R received a stock option grant for 1,547,700 shares.
17 Oct 2012director interest notice● Neutral
Abtech Holdings, Inc. Vice President and C.O.O. Thatcher Jonathan received a stock option grant for 626,000 shares.
17 Oct 2012director interest notice● Neutral
Abtech Holdings, Inc. director Seitz Karl received a stock option grant for 280,000 shares.
17 Sept 2012capital raising announcement● NeutralMajor
On September 12, 2012 the company sold 4,840,832 new shares at $0.77 each for gross proceeds of $3,727,440, with warrants at $0.90 for 10% of the shares bought, issuing new shares and so diluting existing holders. It plans to use the net proceeds to repay any of the secured convertible notes that are not converted into stock, with the remainder for working capital. It also named William S. Brennan to its Strategic Advisory Board and paid a placement fee of $268,627.
13 Sept 2012director interest notice● Neutral
Abtech Holdings, Inc. director Kohlhagen Steven W bought 264,000 shares on the open market.
28 Aug 2012director interest notice● Neutral
Kohlhagen Steven W became a Abtech Holdings, Inc. director and company insider (initial ownership filing).
14 Aug 2012quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $81 thousand and a net loss of $3.0 million for the period ended 2012-09-30.
24 July 2012securities registration● Neutral
Abtech Holdings, Inc. amended a filing by which it registered a securities offering with the SEC.
22 May 2012agm 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 2012quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $240 thousand and a net loss of $2.4 million for the period ended 2012-06-30.
13 Apr 2012agm 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).
13 Apr 2012securities registration● Neutral
Abtech Holdings, Inc. registered a securities offering with the SEC.
24 Feb 2012securities registration● Neutral
Abtech Holdings, Inc. amended a filing by which it filed notice of an exempt private placement.
17 Feb 2012capital raising announcement● NeutralMajor
On February 15, 2012 the company held the final closing of its secured convertible note offering, selling another $2,600,000 of notes with warrants to 48 investors and paying a $208,000 placement fee. Together with the earlier $4,000,000, this extends the same secured note financing to a total of $6,600,000 (arithmetic from the filing's figures).
14 Feb 2012substantial holder notice● Neutral
Irving H. Picard, Trustee for the Substantively Consolidated Liquidation Proceed disclosed a new substantial Abtech Holdings, Inc. shareholding (6.80% of votes).
7 Dec 2011securities registration● Neutral
Abtech Holdings, Inc. amended a filing by which it filed notice of an exempt private placement.
29 Nov 2011capital raising announcement● NeutralMajor
The company continued the secured convertible note sale begun in September 2011, adding $650,000 on October 28, $1,595,000 on November 22 and $430,000 on November 28, 2011, for $2,675,000 more. With the earlier $1,325,000 this completes the $4,000,000 raised in this offering, with a placement fee of $214,000 on the new amount plus placement agent warrants.
14 Nov 2011quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $125 thousand and a net loss of $731 thousand for the period ended 2011-09-30.
28 Sept 2011capital raising announcement● NeutralMajor
The company raised money through two private note sales: $700,000 of convertible notes in July 2011 and $1,325,000 of secured convertible notes between September 19 and 23, 2011. The notes carry 12% interest at the start, can convert to shares at $0.60 if no financing of at least $5,000,000 closes in time, come with warrants, and the September notes are secured by all of the company's personal property and assets. This adds debt that could convert into more shares for existing holders (an inference), and a placement fee of $106,000 was owed on the September notes.
23 Sept 2011securities registration● Neutral
Abtech Holdings, Inc. filed notice of an exempt private placement.
16 Aug 2011quarterly activities report▼ Bad
Abtech Holdings, Inc. reported quarterly revenue of $101 thousand and a net loss of $2.2 million for the period ended 2011-06-30.
16 Aug 2011late filing notice▼ Bad
Abtech Holdings, Inc. notified the SEC that its quarterly report would be filed late.