5E Advanced Materials Announces Proposed Public Offering

Rhea-AI Summary

5E Advanced Materials (NASDAQ:FEAM) has announced the launch of an underwritten public offering of its common stock shares. The company, which focuses on becoming a vertically integrated supplier of specialty boron and advanced boron derivative materials, will be the sole offerer of the shares.

The offering will be managed by Konik Capital Partners as lead bookrunning manager. 5E plans to grant underwriters a 30-day option to purchase additional shares at the public offering price. The offering will be made through a prospectus supplement and accompanying prospectus filed under the company's effective shelf registration statement from February 27, 2024.

Positive

• None.

Negative

• Potential dilution of existing shareholders' value through new share issuance
• No specified use of proceeds mentioned in the announcement
• Uncertainty regarding the offering size and terms

HESPERIA, CA / ACCESS Newswire / August 21, 2025 / 5E Advanced Materials, Inc. ("5E" or the "Company") (Nasdaq:FEAM)(ASX:5EA), a development stage company focused on becoming a vertically integrated global leader and supplier of specialty boron and advanced boron derivative materials, today announced the commencement of an underwritten public offering of shares of its common stock. All of the shares of common stock in this offering are being offered by 5E. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. In addition, 5E intends to grant the underwriters a 30-day option to purchase additional shares of its common stock at the public offering price per share.

Konik Capital Partners, LLC is acting as lead bookrunning manager for the proposed offering.

The shares are being offered pursuant to an effective shelf registration statement that was filed with the U.S. Securities and Exchange Commission (the "SEC") on December 20, 2023, as amended and declared effective February 27, 2024. This proposed offering will be made only by means of a prospectus supplement and the accompanying prospectus which forms a part of the effective shelf registration statement.

A preliminary prospectus supplement related to the proposed offering (including the accompanying prospectus) will be filed with the SEC and will be available on the SEC's website located at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus may also be obtained, when available, from: Konik Capital Partners, LLC, 7 World Trade Center, 46th Floor, New York, NY 10007, or e-mail at capmarkets@konikcapitalpartners.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About 5E Advanced Materials, Inc.

5E Advanced Materials, Inc. (Nasdaq:FEAM)(ASX:5EA) is focused on becoming a vertically integrated global leader and supplier of boron specialty and advanced materials, complemented by lithium coproduct production. The Company's mission is to become a supplier of these critical materials to industries addressing global decarbonization, food and domestic security. Boron and lithium products will target applications in the fields of electric transportation, clean energy infrastructure, such as solar and wind power, fertilizers, and domestic security. The business strategy and objectives are to develop capabilities ranging from upstream extraction and product sales of boric acid, lithium carbonate and potentially other co-products, to downstream boron advanced material processing and development. The business is based on our large domestic boron and lithium resource, which is located in Southern California and designated as Critical Infrastructure by the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency.

Forward Looking Statements

Statements in this press release may contain "forward-looking statements" that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential" or "continue" or the negative of these terms or other similar expressions, and include, but are not limited to, statements regarding the size, completion and timing of the proposed public offering and the expectation to grant the underwriters a 30-day option to purchase additional shares. Any forward-looking statements are based on 5E's current expectations, forecasts, and assumptions and are subject to a number of risks and uncertainties that could cause actual outcomes and results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties related to market conditions and satisfaction of customary closing conditions related to the proposed public offering. For a discussion of other risks and uncertainties, and other important factors, any of which could cause our actual results to differ from those contained in the forward-looking statements, see the section entitled "Risk Factors" in 5E's most recent Annual Report on Form 10-K, its other reports filed with the SEC, as well as in the preliminary prospectus supplement related to the proposed public offering. Forward-looking statements contained in this announcement are based on information available to 5E as of the date hereof and are made only as of the date of this release. 5E undertakes no obligation to update such information except as required under applicable law. These forward looking statements should not be relied upon as representing 5E's views as of any date subsequent to the date of this press release. In light of the foregoing, investors are urged not to rely on any forward-looking statement in reaching any conclusion or making any investment decision about any securities of 5E.

For further information contact:

Michael MacMillan or Paola Ashton PRA
Communications
team@pracommunications.com
Ph: +1 (604) 681-1407

SOURCE: 5E Advanced Materials, Inc.

View the original press release on ACCESS Newswire

FAQ

What type of offering did 5E Advanced Materials (FEAM) announce in August 2025?

5E Advanced Materials announced an underwritten public offering of common stock shares, with the company being the sole offerer of the shares.

Who is the lead bookrunning manager for FEAM's public offering?

Konik Capital Partners, LLC is acting as the lead bookrunning manager for the proposed offering.

What option will be granted to the underwriters in FEAM's offering?

5E intends to grant the underwriters a 30-day option to purchase additional shares at the public offering price.

When was FEAM's shelf registration statement declared effective?

The shelf registration statement was filed on December 20, 2023, and was declared effective on February 27, 2024.

What is 5E Advanced Materials' main business focus?

5E Advanced Materials is a development stage company focused on becoming a vertically integrated global leader and supplier of specialty boron and advanced boron derivative materials.