7 Aug 2026business combination▲ GoodMajor
USA Rare Earth completed its acquisition of Texas Mineral Resources Corp, giving USAR full, 100% ownership of the Round Top rare earth project.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
24 July 2026business combination● NeutralMajor
USA Rare Earth filed the final proxy statement for the Serra Verde (SVRE Holdings) merger, setting a virtual shareholder vote on 28 August 2026 (record date 22 July 2026) on issuing 126,849,307 new shares. Once the merger completes, former SVRE holders would own about 34.1% of USAR's common stock, so existing shareholders would be diluted to that extent. The document also adds an Amendment No. 1 to the merger agreement, whose terms are not shown in the excerpt provided.
23 July 2026capital raising announcement▲ GoodMajor
USA Rare Earth agreed to take a stake of about 13.6% in French rare-earth processing firm Carester, alongside InfraVia. It will subscribe EUR22.5 million for new shares, part in cash and part in USAR stock, and buy about EUR17.5 million of existing shares.
20 July 2026merger communication● NeutralMajor
USA Rare Earth announced that CEO Barbara Humpton will retire as CEO and director effective 1 October 2026. The board approved Serra Verde CEO Thras Moraitis as her successor from that date or the Serra Verde closing if later, and named Michael Blitzer Executive Chair.
17 July 2026merger communication● Neutral
Same Serra Verde merger-agreement amendment (protecting the government-linked offtake agreement) as the same-day 8-K, re-filed under Rule 425.
16 July 2026business combination● Neutral
USA Rare Earth and Serra Verde amended their merger agreement to make it a closing condition that Serra Verde's existing long-term supply agreement with a U.S. government-backed critical-minerals purchasing vehicle stays fully in force - protecting a key downstream customer relationship through the deal's close.
23 June 2026business combination▼ BadMajor
The amendment set the Texas Mineral vote for a 2 June 2026 record date across 88,339,693 shares, and disclosed litigation that was not in the original: on 22 May 2026 MP Materials sued USA Rare Earth, its director of magnet operations Kevin Elkins and FOM Technologies for trade-secret misappropriation, breach of contract and tortious interference, seeking an injunction against further use of the technology as well as damages. USAR disputes the claims. Its own share price had fallen from $26.30 to $24.64 over the same weeks.
15 June 2026business combination● Neutral
USA Rare Earth filed an amended preliminary proxy statement for the Serra Verde deal with further-updated pro forma financials - continued routine SEC review process, no new terms.
5 June 2026business combination● Neutral
USA Rare Earth filed updated pro forma financial statements reflecting the pending Serra Verde acquisition, covering the first quarter of 2026 and full-year 2025 - a routine disclosure update, no new terms.
3 June 2026capital raising announcement▲ GoodMajor
USA Rare Earth finalized up to $1.6 billion in U.S. government financing with the Department of Commerce under the CHIPS Act -- $277 million in direct funding awards plus a $1.3 billion Federal Financing Bank loan guarantee -- spread across the Round Top mine, the Stillwater magnet and metal facilities, and two new plants, making Washington a direct financier of USAR's mine-to-magnet buildout.
2 June 2026debt financing▲ GoodMajor
USA Rare Earth signed a 20-year lease for an 800,000-square-foot rare earth magnet manufacturing facility to be built in Blacksburg, South Carolina - a second production site beyond its original Stillwater, Oklahoma plant.
13 May 2026business combination● NeutralMajor
USA Rare Earth filed a preliminary (draft) proxy statement asking shareholders to vote on issuing 126,849,307 new shares to buy SVRE Holdings (Serra Verde), under the 19 April 2026 merger agreement announced earlier. The meeting date, record date and the percentage SVRE holders would own are still blank in this draft, so the vote is a step still to come.
13 May 2026business combination● Neutral
USA Rare Earth filed updated risk factors and Serra Verde's audited financials alongside its preliminary merger proxy, as required disclosure ahead of the Serra Verde shareholder vote.
13 May 2026business combination● NeutralMajor
USA Rare Earth registered 3,823,328 of its own shares to buy Texas Mineral Resources, its 20% minority partner in Round Top Mountain Development -- consolidating full ownership of the West Texas deposit for stock worth roughly $100 million at the $26.30 price quoted in the filing. The same document discloses, separately, USAR's 19 April agreement to buy Serra Verde and its Pela Ema rare earth mine in Goias, Brazil for $300 million cash and 126,849,307 new shares.
23 Apr 2026business combination● Neutral
USA Rare Earth's board shrank from eight to six directors as two members chose not to stand for re-election (described as unrelated to any disagreement), with plans to add two Serra Verde nominees once that acquisition closes, expected in the third quarter of 2026.
20 Apr 2026business combination▲ GoodMajor
USA Rare Earth agreed to acquire Serra Verde (via SVRE Holdings Ltd), the Brazilian operator of the Palomar mine - the world's only scaled ionic rare earth producer outside Asia supplying all four magnetic rare earths - its most significant acquisition yet, pairing USARE's U.S. mine-to-magnet buildout with an already-operating overseas mine.
20 Apr 2026capital raising announcement▲ Good
A companion filing to the Serra Verde merger announcement, confirming USAR shares will be issued as unregistered stock consideration under the all-stock acquisition of Serra Verde Rare Earths.
5 Mar 2026merger communication● Neutral
Same Texas Mineral Resources buyout announcement as the same-day 8-K, re-filed under Rule 425.
5 Mar 2026business combination▲ GoodMajor
USA Rare Earth agreed to acquire Texas Mineral Resources Corp, holder of a minority interest in Round Top, in an all-stock merger issuing a total of 3,823,328 USAR shares. Closing was expected by the third quarter of 2026, subject to a TMRC shareholder vote and an effective Form S-4.
29 Jan 2026capital raising announcement▲ GoodMajor
USA Rare Earth closed the $1.5 billion private placement announced two days earlier.
26 Jan 2026capital raising announcement▲ GoodMajor
USA Rare Earth agreed to raise about $1.5 billion in a private placement, selling 69.8 million shares at $21.50 each -- by far its largest capital raise to date, funding the mine-to-magnet buildout.
What it means for a shareholder
69.8m new shares at US$21.50 to raise about US$1.50bn. That's 32% dilution: every existing holder's slice gets 32% smaller. If you held US$1,000 of shares (47 at the issue price), your slice goes from 0.0000314% to 0.0000213% of the company. To keep it you'd need 22 more shares - about US$473 at the issue price.
Create a free account to see this worked out for your own holding.
1 Dec 2025listing compliance notice● NeutralMajor
USA Rare Earth, Inc.'s exchange filed to remove a class of its securities from listing.
18 Nov 2025asset acquisition disposition▲ GoodMajor
USA Rare Earth completed its acquisition of Indian Ocean Rare Metals Pte Ltd, owner of Less Common Metals Ltd, a UK-based maker of specialized rare earth alloys, for $100 million cash plus 6.54 million USARE shares - extending its supply chain into Europe.
6 Nov 2025auditor change● Neutral
USA Rare Earth changed auditors again, from HORNE LLP to BDO USA - not from dissatisfaction, but because HORNE's entire audit practice merged into BDO.
18 June 2025business combination▲ Good
USA Rare Earth disclosed having about $116.3 million in cash as of mid-June 2025 and filed its first post-merger audited annual financial statements.
5 May 2025capital raising announcement▲ Good
USA Rare Earth closed the $75 million private placement it had announced days earlier.
30 Apr 2025capital raising announcement▲ GoodMajor
Newly public USA Rare Earth agreed to raise $75 million in a private placement of stock, pre-funded warrants and warrants exercisable at $7.00/share -- its first capital raise since the SPAC merger closed.
25 Apr 2025auditor change● Neutral
Now a real operating company, USA Rare Earth dismissed UHY LLP - its auditor from the SPAC era - and engaged HORNE LLP as its new independent auditor.
24 Mar 2025business combination● Neutral
USA Rare Earth filed a technical amendment confirming it succeeded to Inflection Point's SEC reporting obligations after the merger - a routine administrative filing.
24 Mar 2025listing compliance notice● NeutralMajor
USA Rare Earth, Inc.'s exchange filed to remove a class of its securities from listing.