Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 456

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1B
Chunk 456
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 December 31, 2024 and 2023: On June 17, 2024, the Company issued an aggregate of 16,665 shares of common stock to certain warrant holders upon the cashless exercise of warrants to purchase an aggregate of 600,000 shares of common stock at an exercise price of $0.70 per share based upon a market value of $0.72 per share as determined under the terms of the warrants. On June 18, 2024, the Company issued 3,521 shares of common stock to a certain warrant holder upon the cashless exercise of a warrant to purchase 250,000 shares of common stock at an exercise price of $0.70 per share based upon a market value of $0.71 per share as determined under the terms of the warrant. On August 5, 2024, the Company issued 66,666 shares of common stock to a certain warrant holder upon the cashless exercise of a warrant to purchase 400,000 shares of common stock at an exercise price of $0.70 per share based upon a market value of $0.84 per share as determined under the terms of the warrant. On August 22, 2024, the Company issued 25,000 shares of common stock to a certain warrant holder upon a cash exercise of a warrant to purchase 25,000 shares of common stock at an exercise price of $0.70 per share or $17,500 in the aggregate.  The following is a summary of the Company’s warrant activity:       Weighted  WeightedAverage          Average  Remaining  Aggregate   Number of  Exercise  Contractual   Intrinsic   Shares  Price  Life (years)  Value December 31, 2023  2,550,000  $0.70   0.60  $-                  Grants  -   -   -   - Expirations  (1,275,000 )  0.70   -   - Exercised  (1,275,000 )  0.70   -   - December 31, 2024  -  $-   -  $-                  Warrants exercisable at