Each one in plain English, with the numbers worked through for a shareholder.
10 July 2025capital raising announcement▲ GoodMajor
Entered a landmark public-private partnership with the U.S. Department of Defense: a $400 million DoD equity stake (with up to $350 million more available) plus a $150 million loan, a 10-year $110/kg NdPr price floor, and a 10-year DoD offtake agreement for magnets from a new '10X' facility — sharply de-risking expansion and reducing reliance on buyers like Shenghe.
Privately exchanged about $142 million of its 2026 green convertible notes for roughly $115 million of the newer 2030 notes, trimming total debt principal while pushing the maturity further out.
Completed a $747.5 million offering of 3.00% Convertible Senior Notes due 2030, with net proceeds of about $731.1 million. It planned to use them for capped calls, repurchasing about 12.3 million shares, buying back $400 million of its 2026 notes, and general purposes.
Called for redemption of all outstanding warrants left over from the 2020 SPAC IPO, closing out that piece of the capital structure; redemption is only triggered once the stock trades well above the $11.50 exercise price.
26 Mar 2021capital raising announcement▲ GoodMajor
Completed a $690 million offering of 0.25% Green Convertible Senior Notes due 2026, raising about $672 million net to fund expansion of its rare-earth processing operations.
Follow-up filing on the same IPO, adding the audited post-closing balance sheet and the breakdown of trust-account funding, including an $8.9 million private warrant placement to the sponsor.
Fortress Value Acquisition Corp, the blank-check company that would go on to take MP Materials public, completed its IPO, selling 34,500,000 units at $10 each for $345 million in gross proceeds.