Growth Stage

EnergyX develops next generation battery technology and direct lithium extraction technology.

EnergyX develops next generation battery technology and direct lithium extraction technology.


Raised this Round: Raised: $36,425,298

Total Commitments ($USD)


Dealmaker Securities

Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Equity - Common


Series A

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share


Pre-Money Valuation


Year Founded



Energy, Power, & Natural Resources

Tech Sector


Distribution Model




Capital Intensity



Dorado, Puerto Rico

Business Type


EnergyX is raising funds through Reg A+ crowdfunding with Dalmore Group as the Broker-Dealer. The company is leading the global transition to renewable energy. It has developed the next-generation battery technology, direct lithium extraction technology, and built Lithium-ion Transport and Separation( LiTAS). EnergyX already has agreements with four of the top ten lithium producers in the world. The company’s technology will improve lithium recovery rates from 30% to 90%. Teague Egan founded EnergyX in 2018. The current crowdfunding campaign has a maximum target of $75,000,000. The campaign proceeds will be used for demonstration and commercial plant deployment, debt obligations, working capital, and general corporate purposes.

Balance Sheet

Cash and Cash Equivalents


Total Assets


Accounts Payable & Accrued Liabilities


Long Term Debt


Total Liabilities


Total Stockholders' Equity


Total Liabilities and Equity


Statement of Comprehensive Income Information

Net Income


Earnings Per Share - Basic


Earnings Per Share - Diluted


Auditor: BDO
Financials as of: 07/05/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
EnergyX 12/30/2024 Dealmaker Securities $475,000,000 $36,425,298 Equity - Common Active RegA+
EnergyX 08/19/2021 Netcapital $306,492,600 $3,039,768 Equity - Common Funded RegCF
EnergyX 05/08/2021 Netcapital $306,492,600 $0 Equity - Common Funded Test the Waters / RegCF
EnergyX 02/04/2021 Netcapital $54,114,620 $1,521,935 Equity - Common Funded RegCF / RegD 506(c)
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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EnergyX on Dalmore Group 2022
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $475,000,000
Price per Share: $6.11

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