5E Advanced Materials announces public offering

Published 2 months ago Neutral
5E Advanced Materials announces public offering
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* 5E Advanced Materials (NASDAQ:FEAM [https://seekingalpha.com/symbol/FEAM]) announced on Thursday the commencement of an underwritten public offering of shares of its common stock.
* All the shares of common stock in this offering are being offered by 5E. In addition, 5E intends to grant the underwriters a 30-day option to purchase additional shares of its common stock at the public offering price per share.
* Konik Capital Partners, LLC is acting as lead book running manager for the proposed offering.
* FEAM -19.69% after hours to $3.67.
* Source: Press Release [https://seekingalpha.com/pr/20208739-5e-advanced-materials-announces-proposed-public-offering]

MORE ON 5E ADVANCED MATERIALS

* Seeking Alpha’s Quant Rating on 5E Advanced Materials [https://seekingalpha.com/symbol/FEAM/ratings/quant-ratings]
* Historical earnings data for 5E Advanced Materials [https://seekingalpha.com/symbol/FEAM/earnings]
* Financial information for 5E Advanced Materials [https://seekingalpha.com/symbol/FEAM/income-statement]