Correspondence 0001171843-25-006064 from Electra Battery Materials Corp (ELBM)
Electra Battery Materials Corp
Date: Sept. 24, 2025 · CIK: 0001907184 · Accession: 0001171843-25-006064
AI Filing Summary & Sentiment
File numbers found in text: 333-288364
Referenced dates: August 18, 2025
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Electra Battery Materials Corporation
133 Richmond Street West, Suite 602
Toronto, ON M5H 2L3
Canada
https://www.electrabmc.com/
September 24, 2025
VIA EDGAR
U.S. Securities and Exchange Commission
100 F. Street, N.E.
Washington, D.C. 20549
Attention: Michael Purcell and Laura Nicholson
Re:
Electra Battery Materials Corporation
Amendment No. 2 to Registration Statement on Form F-3
Filed August 11, 2025
File No. 333-288364
Ladies and Gentlemen:
I am submitting this letter on behalf of Electra Battery Materials Corporation
(the " Company "), in response to the written comments of the staff (the " Staff ") of the U.S. Securities
and Exchange Commission (the " SEC "), contained in the Staff's letter, dated August 18, 2025 (the " Comment
Letter "), in connection with the Company's Registration Statement on Form F-3, filed with the SEC on June 27, 2025 (the
" Original Filing "), as amended on July 28, 2025 (" Amendment No. 1 ") and as further amended on August
11, 2025 (" Amendment No. 2 ").
In response to the comments set forth in the Comment Letter, the Company
has further revised the Form F-3 as described below and is filing an amendment to the Form F-3 (" Amendment No. 3 ",
and together with the Original Filing, Amendment No. 1, and Amendment No. 2, the " Form F-3 ") with this response letter.
For your convenience, the Company's responses are set forth below,
with the headings and numbered items of this letter corresponding to the headings and numbered items contained in the Comment Letter.
Each of the comments from the Comment Letter is restated in bold and italics prior to the Company's response.
Amendment No. 2 to Registration Statement on Form F-3
General
1. We note your statement in your revised explanatory note that "[t]his Amendment No. 2 does
not reflect events occurring after the filing of the Original Filing" on June 27, 2025 and "does not modify or update the
disclosure therein in any way except as described above." Please remove such statement from your explanatory note and update your
prospectus disclosure accordingly. Refer to Form F-3.
In response to the Staff's comment, the explanatory note
and the disclosure in the Form F-3 has been revised and updated in accordance with Form F-3.
Securities and Exchange Commission
September 24, 2025
Page 2
Exhibits
2. We note that on August 15, 2025 you provided in a report on Form 6-K your interim financial statements
for the six months ended June 30, 2025. Please revise your registration statement to provide such interim financial information in your
prospectus, or to incorporate such interim financial information by reference. Refer to Item 5(b)(2) of Form F-3 and Item 8.A.5 of Form
20-F. Refer also to Item 6(c) of Form F-3.
In response to the Staff's comment, we have incorporated
by reference into the Form F-3 the interim financial statements, as amended, of the Company for the three and six months ended June 30,
2025 and the related management's discussions and analysis, and have updated certain disclosures in the prospectus to reflected
such updated interim financial information.
* * *
We thank you for your prompt attention to this letter responding
to the Staff's Comment Letter and look forward to hearing from you at your earliest convenience. Please direct any questions concerning
this filing to the undersigned at (226) 979- 6699 or tmell@electrabmc.com.
Sincerely,
/s/ Trent Mell
Chief Executive Officer
Electra Battery Materials Corporation
cc:
Via Email
Thomas M. Rose, Troutman Pepper Locke LLP
Shona C. Smith, Troutman Pepper Locke LLP