DyTb director disposes 244,796 shares in merger
DyTb, LLC director Deepak Malhotra reported a disposition of 244,796 shares of Common Stock on August 7, 2026 in a transaction coded as a disposition to the issuer.
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Rhea-AI Filing Summary
DyTb, LLC director Deepak Malhotra reported a disposition of 244,796 shares of Common Stock on August 7, 2026 in a transaction coded as a disposition to the issuer. This occurred in connection with a merger in which Texas Mineral Resources Corp. became a wholly owned subsidiary of USA Rare Earth, Inc. and was then merged into DyTb, LLC. Following the transaction, Malhotra reported 0 shares of the issuer’s Common Stock held directly. Under the Merger Agreement, each Texas Mineral Resources Corp. common share converted into the right to receive 0.043279843 shares of USA Rare Earth, Inc. common stock plus cash in lieu of fractional shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 244,796 | -- | -- |
Footnotes (2)
- F1. The shares were disposed of pursuant to the Agreement and Plan of Merger, dated March 4, 2025 (the "Merger Agreement"), by and among Texas Mineral Resources Corp. (the "Issuer"), USA Rare Earth, Inc. ("Parent"), Hamer Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("First Merger Sub") and Hamer Merger Sub, LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent ("Second Merger Sub"). Pursuant to the Merger Agreement, on August 7, 2026, First Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly owned subsidiary of Parent (the "First Merger") and promptly thereafter, the Issuer merged with and into Second Merger Sub, with Second Merger Sub surviving the second merger as a wholly owned subsidiary of Parent named DyTb, LLC.
- F2. Pursuant to the terms of the Merger Agreement, each share of the Issuer's common stock (other than certain excluded shares) outstanding immediately prior to the effective time of the First Merger converted into the right to receive 0.043279843 shares of common stock of Parent and cash payable in lieu of fractional shares.
Key Figures
Key Terms
Agreement and Plan of Merger regulatory
First Merger regulatory
Second Merger Sub regulatory
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