Achievement August 25, 2025

Troutman Pepper Locke Advises Electra Battery Materials on Debt-to-Equity Conversion and Financing

Updated October 30, 2025

BOSTON – Troutman Pepper Locke advised Electra Battery Materials Corporation (Electra) (NASDAQ: ELBM; TSX-V: ELBM), a leader in advancing North America’s critical minerals supply chain for lithium-ion batteries, in the closing of its $34.5 million financing and $40 million debt equitization, marking a major transformation of its balance sheet and funding outlook. For more information, see the press release.

The Troutman Pepper Locke team that advised Electra was led by Tom RoseShona SmithJason LangfordDeborah EneaDave Meyers, and Matthew Divis.

Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys regularly handle strategic deals for clients ranging from industry-leading, Fortune 100 corporations to emerging companies. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling.

Troutman Pepper Locke

Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.