M&A activity
5E Advanced Materials entered into an Asset Purchase Agreement on September 14, 2026, to acquire specified assets of Searles Valley Minerals Inc. through a Section 363 bankruptcy sale for approximately $3.4 million in cash, 8.3 million shares of common stock, and a $6.2 million promissory note. The acquisition includes critical mineral production facilities, approximately 9,000 acres of brine resources, a short-line railroad, and related infrastructure in California, transforming the company from a pre-revenue development company into an operating critical minerals producer.
View raw filing on EDGAR →