Every 424B that Ramaco Resources, Inc. (METC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow METC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full METC filings page.
Ramaco Resources (METC) filed a prospectus supplement for the offer and short sale of 2,245,126 shares of Class A common stock by Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC to facilitate hedging by investors in its 0% convertible senior notes due 2031. The shares will be borrowed from non‑affiliate third parties and initially offered at $24.25 per share. No new shares will be issued and the company will not receive proceeds from these stock sales.
Concurrently, Ramaco is offering $300,000,000 of 0% convertible notes (with a $45,000,000 over‑allotment option). Estimated net proceeds are $290.9 million (or $334.7 million if fully exercised). The company intends to use about $28.5 million for capped call transactions and the remainder to fund its rare earth elements and critical minerals project, strategic growth opportunities, and general corporate purposes. Each offering is contingent on the other. Settlement for the share sales is expected on November 7, 2025 (T+2).
Ramaco Resources (METC) is offering $300,000,000 of 0% convertible senior notes due 2031, with an option for underwriters to purchase an additional $45,000,000 to cover over-allotments. The notes bear no regular interest, mature on November 1, 2031, and are senior unsecured obligations.
Initial conversion terms are 30.5460 shares per $1,000 principal (conversion price ~$32.74 per share), with settlement in cash, stock, or a mix at the company’s election. Redemption is permitted on or after November 6, 2028 if the Class A share price exceeds 130% of the conversion price over specified trading periods; a “make-whole fundamental change” can temporarily increase the conversion rate.
Estimated net proceeds are approximately $290.9 million (or $334.7 million with full over-allotment), including about $28.5 million for capped call transactions, with the balance for developing rare earth and critical minerals, strategic growth, and general corporate purposes. A concurrent delta offering of 2,245,126 borrowed shares at $24.25 facilitates hedging; the company receives no proceeds and issues no new shares. The notes will not be listed; METC stock last traded at $26.59.
Ramaco Resources (METC) filed a preliminary prospectus supplement for an offering and short sale of Class A common stock by Goldman Sachs and Morgan Stanley to facilitate hedging by investors in a concurrent convertible notes sale. No new shares will be issued, and the company will not receive proceeds from the stock transactions. The completion of each transaction is contingent on the other.
Separately, the company is offering $300,000,000 of convertible senior notes due 2031, with an option for an additional $45,000,000. Ramaco expects to enter into capped call transactions designed to reduce potential dilution upon conversion of the notes. Shares are listed on Nasdaq as METC; the last reported price on November 3, 2025 was $27.87 per share.
Ramaco Resources, Inc. (METC) launched a primary offering of $300,000,000 aggregate principal amount of convertible senior notes due 2031, with an underwriters’ over‑allotment option for up to an additional $45,000,000. The notes pay interest semi‑annually, mature on November 1, 2031, and are convertible subject to stock‑price, trading‑price, corporate‑event, redemption, and near‑maturity windows. Ramaco may settle conversions in cash, stock, or a mix, at its election.
The notes are senior unsecured, pari passu with existing senior unsecured debt (including 8.375% 2029 and 8.250% 2030 notes), effectively subordinated to secured debt, and structurally subordinated to subsidiary liabilities. As of September 30, 2025, total consolidated indebtedness was $122.6 million; after this issuance (no overallotment), it would have been $422.6 million.
Optional redemption is permitted from November 6, 2028, only if the Class A share price exceeds 130% of the conversion price for specified periods. Net proceeds will fund capped call transactions, with the remainder for rare earth and critical minerals development, strategic growth, and general corporate purposes. A concurrent delta offering of borrowed shares facilitates investor hedging; Ramaco will not receive proceeds from those share sales.