Stocks · News reference
5E Advanced Materials Announces Deal To Acquire Searles Valley Minerals Assets For $3.4M Cash, 8,300,000 Shares, And $6.2M Promissory Note In Chapter 11 Sale; Expects Close In Early October
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
5E Advanced Materials Announces Searles Valley Minerals Assets Takeover Provides ~257 Workforce, Three Processing Sites, Water Utility, 54 Megawatts Of On-Site Cogeneration Capacity
5E Advanced Materials, Inc. ("5E" or the "Company") (NASDAQ:FEAM) today provided additional details regarding its previously announced acquisition of the Searles Valley Minerals assets, including the
HC Wainwright & Co. Maintains Buy on 5E Advanced Materials, Raises Price Target to $6.75
HC Wainwright & Co. analyst Heiko F. Ihle maintains 5E Advanced Materials (NASDAQ:FEAM) with a Buy and raises the price target from $3.5 to $6.75.
5E Advanced Materials shares are trading higher after the company announced it completed the acquisition of Searles Valley Minerals through a court-supervised sale process under Section 363 of the U.S. Bankruptcy Code.