middle.news
5E Advanced Materials Secures $30M Funding Boost and Board Restructure
7:03pm on Monday 2nd of June, 2025 AEST
•
Materials
Read Story
5E Advanced Materials Secures $30M Funding Boost and Board Restructure
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Up to $30 million funding package agreed with primary lenders
Full equitization of $91 million convertible notes into 312 million shares
Lenders to purchase $5 million in common stock at a discounted price
Issuance of warrants allowing lenders to buy up to $20 million in shares
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
5E Advanced Materials (ASX:5EA)
OPEN ARTICLE