Ivanhoe Electric files prelim prospectus; Ma’aden JV adds 1,345 km²

Rhea-AI Filing Summary

Ivanhoe Electric Inc. announced it intends to file a preliminary prospectus supplement dated October 21, 2025 for a proposed US$125 million underwritten public offering of common stock. The company also previewed capitalization details expected in that supplement.

As of September 30, 2025, cash and cash equivalents were $69.3 million, including $16.4 million held by non‑wholly‑owned subsidiaries that was not available for the company’s general corporate purposes. Separately, under its 50/50 joint venture with Saudi Arabian Mining Company (Ma’aden), an additional 1,345 square kilometers of exploration licenses have been made available, reflecting the expanded scope previously noted in a September 4, 2025 press release. The filing also includes an amendment to the JV shareholders’ agreement as an exhibit.

Insights

Equity Capital Markets Analyst

Proposed $125M equity raise with clear cash snapshot and JV expansion.

The company signaled a proposed underwritten public offering of common stock for $125,000,000, indicating an intent to add balance‑sheet liquidity via primary equity. The excerpt also previews a capitalization table showing cash and cash equivalents of $69.3 million as of September 30, 2025, with a portion constrained at non‑wholly‑owned subsidiaries.

Approximately $16.4 million of that cash was not available for general corporate purposes due to being held by those subsidiaries. This delineation helps frame accessible liquidity versus consolidated totals. Actual raise size and dilution will depend on final pricing and completion terms, which are not provided in the excerpt.

The Ma’aden 50/50 JV made available an additional 1,345 square kilometers of exploration licenses, aligning with earlier disclosures. Subsequent filings may detail offering terms and how any proceeds, if raised, interplay with exploration and broader corporate needs.

false 0001879016 NYSEAMER 0001879016 2025-10-21 2025-10-21 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 21, 2025

IVANHOE ELECTRIC INC.

(Exact name of registrant as specified in its charter)

Delaware		001-41436		32-0633823
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

450 E Rio Salado Parkway, Suite 130 Tempe, Arizona		85281
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (480) 656-5821

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.0001 per share		IE		NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02 Results of Operations and Financial Condition.

Ivanhoe Electric Inc. (the “Company”) intends to file a preliminary prospectus supplement (the “Preliminary Prospectus Supplement”) with the Securities and Exchange Commission dated October 21, 2025 in connection with a proposed US$125 million underwritten public offering of shares of the Company’s common stock, par value $0.0001 per share. The Preliminary Prospectus Supplement is expected to include the following disclosure under the heading “Capitalization”.

“As of September 30, 2025, we had approximately $69.3 million of cash and cash equivalents. Of the total cash and cash equivalents as of September 30, 2025, approximately $16.4 million was not available for the general corporate purposes of the Company as these amounts were held by non-wholly-owned subsidiaries.”

Item 8.01 Other Events.

As discussed in the Company’s press release dated September 4, 2025, Saudi Arabian Mining Company (Maaden) (“Maaden”) has made available an additional 1,345 square kilometers of exploration licenses under the Company’s 50/50 joint venture with Maaden. Exhibit 10.1 is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
10.1		Amendment #2 (Revised) to Shareholders’ Agreement in respect of Ma’aden Ivanhoe Electric Exploration and Development Limited Company, dated June 25, 2025
104		Cover Page Interactive Data File (embedded with the inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	IVANHOE ELECTRIC INC.
Date: October 21, 2025	By:	/s/ Taylor Melvin
		Taylor Melvin
		President and Chief Executive Officer

3

FAQ

What capital raise did Ivanhoe Electric (IE) announce?

The company intends to file a preliminary prospectus supplement for a proposed US$125 million underwritten public offering of common stock.

What was Ivanhoe Electric’s cash position as of September 30, 2025?

Cash and cash equivalents were $69.3 million as of September 30, 2025.

How much of Ivanhoe Electric’s cash was not available for general corporate purposes?

About $16.4 million was not available because it was held by non‑wholly‑owned subsidiaries.

What update did the Ma’aden joint venture provide?

An additional 1,345 square kilometers of exploration licenses were made available under the 50/50 JV.

What exhibit related to the Ma’aden JV was included?

An Amendment #2 (Revised) to the JV shareholders’ agreement dated June 25, 2025 was included as Exhibit 10.1.

What stock exchange lists Ivanhoe Electric’s common stock and under what symbol?

Common stock is listed on the NYSE American under the symbol IE.