Seaport Global Acquisition II Corp. and American Battery Materials, Inc. Announce Initial Filing of Registration Statement on Form S-4 in Connection With Their Proposed Business Combination - Seite 2

Proposed Business Combination

On June 2, 2023, SGII and ABM announced the signing of a definitive merger agreement for the Proposed Business Combination that will result in ABM becoming a wholly owned subsidiary of SGII. Following the closing of the Proposed Business Combination, it is expected that the combined company will (i) be renamed “American Battery Materials Holdings”; (ii) have its common stock and warrants listed on the Nasdaq Global Market (“Nasdaq”); and, (iii) be led by the existing management team of ABM in a seamless transition of power.

About Seaport Global Acquisition II Corp.

Seaport Global Acquisition II Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

About American Battery Materials, Inc.

American Battery Materials, Inc., (OTC Pink: BLTH), is a U.S.-based environmentally responsible critical minerals exploration and development company focused on Direct Lithium Extraction (DLE) as well as other minerals for refining, processing, and distribution to support the country’s urgent critical minerals need to bolster long-term energy transition and the electrification of the US domestic and global economy. For more information, visit www.americanbatterymaterials.com. The information contained on, or that may be accessed through, this website is not incorporated by reference into, and is not a part of, this communication.

To receive American Battery Materials, Inc. company updates via email, visit the Contact page of our web site, www.americanbatterymaterials.com/contact.

Additional Information about the Proposed Business Combination and Where to Find It
In connection with the Proposed Business Combination, SGII has filed the Registration Statement which includes a preliminary proxy statement/prospectus with the U.S. Securities and Exchange Commission (“SEC”). SGII’s stockholders and other interested persons are advised to read the Registration Statement, as well as other documents filed with the SEC in connection with the Proposed Business Combination, as these materials will contain important information about ABM, SGII and the Proposed Business Combination. When available, the Registration Statement will be mailed to stockholders of SGII as of a record date to be established for voting on, among other things, the Proposed Business Combination. Stockholders will also be able to obtain copies of the Registration Statement and other documents filed with the SEC that will be incorporated by reference therein, without charge, once available, at the SEC's website at www.sec.gov. The information contained on, or that may be accessed through, the websites referenced in this communication is not incorporated by reference into, and is not a part of, this communication.