NEM News: 5E Advanced Materials Prices $4 Million Registered Direct Offering - 28th Aug 2024, 8:18pm

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5E Advanced Materials, Inc. FEAM recently announced that it has entered into a securities purchase deal with a single institutional investor to buy 5,333,333 shares of common stock in a registered direct offering at a price of 75 cents per share, as well as Series A warrants to purchase up to a total of 5,333,333 shares of common stock and Series B warrants to buy up to a total of 5,333,333 shares of common stock in a concurrent private placement.

Each Series A warrant and Series B warrant w...

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