{"filings":[{"id":1140801,"accession_number":"0001213900-26-070213","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-06-18T21:15:43+00:00","items":["5.02","9.01"],"status":"ready","headline":"USA Rare Earth ends relationship with general counsel David Kronenfeld, effective Aug 7, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Cash severance of $170,625 (6 months salary); COBRA healthcare for 6 months.","Accelerated vesting of 41,843 time-based RSUs from next three tranches (Dec 2026, Mar 2027, May 2027).","Additional 3,698 RSUs accelerated at separation; 10,847 RSUs vest after transition period.","Prorated 2026 bonus; outplacement services up to $15,000.","No cash compensation during 6-month transition; remaining RSUs forfeited."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1038316,"accession_number":"0001213900-26-068491","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-06-15T10:42:33+00:00","items":["8.01","9.01"],"status":"ready","headline":"USAR files amended proxy for SVRE merger with updated pro forma and financing","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Merger consideration: 126.85M USAR shares plus $300M cash for SVRE.","Private Placement raised ~$1.5B at $21.50/share; closed Jan 28, 2026.","Definitive agreements with DOC for up to $1.6B signed June 3, 2026.","DFC loan increased to $565M; $100M incremental tranche closed June 4; warrants for 12% equity.","Offtake agreement for 100% of Phase 1 Pela Ema output; 70/30 price split above floor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":870597,"accession_number":"0001213900-26-065498","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-06-05T11:52:14+00:00","items":["8.01","9.01"],"status":"ready","headline":"USAR files pro forma statements for SVRE merger; notes $300M cash+127M shares, $1.5B PIPE, $1.6B DOC deal","summary_kind":"llm","event_type":"m_and_a","confidence":"medium","bullets":["Merger consideration: $300M cash + 126.8M shares of USAR common stock for SVRE; pro forma financials filed.","Private Placement closed Jan 28, 2026: $1.5B gross proceeds at $21.50/share.","DFC Retained Finance up to $565M ($325M drawn); DOC Definitive Agreements for $1.6B ($277M grant + $1.3B debt) signed June 3, 2026.","Offtake Agreement for 100% of phase one rare earth output, 70/30 profit split, 20-year term.","Earnout shares: 5.05M issued Apr 2026 (stock >$15) and 5.05M May 2026 (>$20)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":863319,"accession_number":"0001970622-26-000045","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-06-04T21:12:27+00:00","items":["5.07"],"status":"ready","headline":"USA Rare Earth reports annual meeting voting results; elects six directors, ratifies auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected six directors: Michael Blitzer, Dr. Thomas Caulfield, Barbara Humpton, Otto Schwethelm, Michael Senft, Carolyn Trabuco.","All director nominees received majority support; broker non-votes of 48,822,033 shares present.","Ratified BDO USA, P.C. as independent auditor for FY 2026: 132,873,290 votes for, 458,042 against.","Approximately 60.73% of outstanding shares were represented at the June 3, 2026 meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":816036,"accession_number":"0001213900-26-064453","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-06-03T12:23:25+00:00","items":["1.01","2.03","3.02","7.01","8.01","9.01"],"status":"ready","headline":"USAR signs $1.6B CHIPS Act funding agreements with DOC for rare earth & magnet projects","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["$277M in direct awards and $1.3B loan guarantee (15-yr, Treas+150bps) from DOC under CHIPS Act.","Funds five projects: Round Top rare earth mine (TX), Stillwater magnet/metal expansion, two new facilities.","Issues 16.1M shares and warrant for 17.6M shares at $17.17 to DOC; dilutive to existing holders.","Prior $1.5B equity raise in Jan 2026 satisfies 2026 requirement; must raise $375M by Mar 2027 and $875M by Dec 2027.","FFB Advances secured by first-priority liens on substantially all assets; conditions include milestones and equity contributions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":789036,"accession_number":"0001213900-26-063832","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-06-02T13:14:30+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"USA Rare Earth selects South Carolina for $1.2B magnet facility; 490 jobs, 6,400 tpa capacity","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Lease for 800,000 sq ft facility in Blacksburg, SC; initial 20-year term with two 10-year renewal options.","Expected total investment of ~$1.2 billion; press release targets 490 high-skill jobs in Cherokee County.","Facility targeting 6,400 tpa NdFeB magnets and 5,000 tpa strip-cast, metal & alloy production.","Incentives Agreement with Cherokee County: 4% fee-in-lieu-of-tax assessment for up to 40 years, minimum $400M investment.","Combined Stillwater and Blacksburg capacity to reach 10,000 tpa magnets and 10,000 tpa metals; commissioning targeted for 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":69761,"accession_number":"0001970622-26-000034","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-05-13T20:48:11+00:00","items":["2.02","9.01"],"status":"ready","headline":"USA Rare Earth posts $0.34 diluted EPS loss; $1.75B cash; announces $2.8B Serra Verde deal","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net loss of $67.0M ($0.34 diluted EPS loss); adjusted diluted EPS loss of $0.12.","Cash balance of $1.75B after closing $1.5B common stock PIPE in January 2026.","Commissioned Phase 1A at Stillwater magnet facility, targeting 600 MTPA run-rate by Q4 2026.","Subsequent to Q1, announced definitive agreement to acquire Serra Verde Group for ~$2.8 billion.","Announced $1.6B proposed funding from US Department of Commerce CHIPS program (definitive documentation expected May 2026)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":52001,"accession_number":"0001213900-26-055511","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-05-13T13:27:48+00:00","items":["8.01","9.01"],"status":"ready","headline":"USA Rare Earth files audited SVRE financials, pro forma, and updates risk factors for pending merger","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["SVRE audited financials for 2025 and 2024 filed as Exhibit 99.3; unaudited pro forma combined financials as Exhibit 99.4.","Brazilian political party filed petition (Apr 25, 2026) with Supreme Court challenging the SVRE merger on constitutional grounds.","Merger consideration: 126,849,307 USAR shares to be issued to SVRE securityholders; additional issuances pending (TMRC, US Govt, Carester).","Risk factors updated; additional complaints filed with Brazilian Attorney General and antitrust authority (CADE).","USAR committed to appoint Sir Mick Davis and Thras Moraitis to Board; key employees have employment agreements effective at closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96989,"accession_number":"0001213900-26-047158","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-04-23T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"USA Rare Earth directors Gutnick and Kern won't seek reelection; board to shrink to six before adding two post-merger","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mordechai Gutnick and General Paul Kern notified Board they will not stand for reelection at June 3, 2026 annual meeting.","Board voted to reduce from eight to six directors effective immediately before the annual meeting.","In connection with pending SVRE merger, board will expand to eight by adding two Serra Verde nominees after deal close expected Q3 2026.","Gutnick and Kern departures are not due to any disagreement with the Company on operations, policies, or strategy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96988,"accession_number":"0001213900-26-045706","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-04-20T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"USA Rare Earth enters definitive merger agreement to acquire SVRE Holdings Ltd.","summary_kind":"llm","event_type":"m_and_a","confidence":"medium","bullets":["Definitive merger agreement signed April 19, 2026 to acquire SVRE Holdings Ltd. (Serra Verde Rare Earths) via reverse triangular merger.","Merger consideration consists of Parent common stock; stockholder vote required for issuance.","SVRE shareholders approved by written consent; key employees entered new employment agreements.","Transaction intended to qualify as tax-free reorganization under Section 368.","Certain Parent stockholders entered voting and support agreement to vote in favor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96987,"accession_number":"0001213900-26-045339","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-04-20T23:59:59+00:00","items":["1.01","3.02","5.02","7.01","8.01","9.01"],"status":"ready","headline":"USA Rare Earth to acquire SVRE Holdings for $300M cash and 126.8M shares; expected close Q3 2026","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Deal: $300M cash + 126,849,307 USAR shares to SVRE shareholders; warrants and equity awards converted.","Closing conditions include USAR stockholder approval, HSR clearance, appointment of Sir Mick Davis and Thrasyvoulos Moraitis to USAR board.","Thrasyvoulos Moraitis, SVRE CEO, to become President of USAR at closing; employment letter signed.","Supporting stockholders (~9% of USAR shares) entered Voting and Support Agreement to vote in favor.","Termination fee: $75M if adverse recommendation change, $25M if stockholder vote fails."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":96986,"accession_number":"0001970622-26-000026","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-04-09T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"USA Rare Earth to acquire ~12.5% stake in Carester SAS; partners with InfraVia","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each of USA Rare Earth and InfraVia to hold approximately 12.5% equity interests in Carester.","Partnership includes right to purchase Carester's oxide output and access to its separation IP and recycling tech.","Carester to get long-term heavy rare earth feedstock from USA Rare Earth's Round Top deposit (expected commercial ops late 2028).","French government supports LCM Europe metallization project: up to €130M in credits and potential state guarantee for 50% of commercial debt.","Carester's Caremag magnet recycling and heavy REE separation facility in Lacq, France scheduled for commissioning late 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111409,"accession_number":"0001970622-26-000019","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-03-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"USA Rare Earth FY2025 operating loss $59.5M; year-end cash $360M; $1.5B PIPE closed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2025 operating loss $59.5M, net loss $297.6M ($3.31 diluted EPS); adjusted net loss $80.0M ($0.82/share).","Year-end cash $359.9M; subsequent $1.5B PIPE closed Jan 2026 boosts balance to ~$1.75B.","Expects to finalize $1.6B DoC CHIPS award in April 2026 to accelerate mine-to-magnet value chain.","Acquired Less Common Metals (Nov 2025); commissioning Stillwater magnet Phase 1a in Q2 2026 with 600 MTPA by Q4 2026.","Agreed to acquire TMRC to consolidate Round Top; new CLO, Global Policy Officer, and board member appointed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111408,"accession_number":"0001213900-26-026632","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["5.02","7.01","8.01","9.01"],"status":"ready","headline":"USA Rare Earth appoints Dr. Thomas Caulfield (GlobalFoundries Exec Chairman) to board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Thomas Caulfield appointed to board effective March 9, 2026; fills vacancy from Tready Smith's resignation (no disagreement).","Caulfield is Executive Chairman of GlobalFoundries (Nasdaq: GFS); previously CEO (2018-2025) leading its IPO.","He will serve on Compensation and Nominating/Governance committees; compensation solely in equity, no cash unless elected.","Board remains at eight members.","Annual meeting set for June 3, 2026; shareholder proposals due by April 1, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111407,"accession_number":"0001213900-26-023868","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-03-05T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"USA Rare Earth to acquire Texas Mineral Resources for ~$73M in stock, consolidating Round Top project","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["USAR to issue 3,823,328 shares to acquire all TMRC shares; implied value ~$73M based on Mar 4 close.","Deal secures 100% economic control of Round Top heavy rare earth project; TMRC held 18.6% interest.","Commercial production at Round Top expected by 2028 under Accelerated Mining Plan; ~40,000 mt/day feedstock by 2030.","TMRC directors/officers holding ~19% of shares have voting agreements to support deal; termination fee $3.25M.","Closing expected in Q3 2026, subject to TMRC stockholder approval, SEC registration, and other conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111406,"accession_number":"0001213900-26-020589","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-02-26T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"USA Rare Earth posts investor presentation on company website","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Company made an investor presentation available on its IR website on Feb 26, 2026.","Presentation URL: https://investors.usare.com/news-events/presentations.","No specific financial or operational data from the presentation was disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111403,"accession_number":"0001970622-26-000014","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K/A","filed_at":"2026-02-03T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"USA Rare Earth amends 8-K, waives requirement for acquired co financials after SEC consultation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Original acquisition of Indian Ocean Rare Metals closed Nov 18, 2025 for $100M cash + 6.54M shares.","Company consulted SEC staff and determined Item 9.01 financial statements not required.","Initial 8-K's obligation to file historical and pro forma financials is eliminated.","No financial statements or pro forma for the acquisition will be filed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111405,"accession_number":"0001970622-26-000009","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-01-29T23:59:59+00:00","items":["1.01","3.02","7.01","9.01"],"status":"ready","headline":"USA Rare Earth closes $1.5B PIPE financing at $21.50/share","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Gross proceeds $1.5B from 69.8M shares at $21.50 each.","Anchored by Inflection Point; Cantor Fitzgerald lead placement agent, Moelis co-agent.","Proceeds to accelerate mine-to-magnet value chain: mining, processing, metal-making, magnet manufacturing.","Shares unregistered; resale registration statement to be filed within 30 days of closing.","Closing date January 28, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111404,"accession_number":"0001213900-26-007457","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2026-01-26T23:59:59+00:00","items":["1.01","2.02","3.02","5.03","7.01","8.01","9.01"],"status":"ready","headline":"USA Rare Earth secures $1.5B private placement and $1.6B U.S. government LOI","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Private placement of 69.8M shares at $21.50 for ~$1.5B gross proceeds; closes Jan 28, 2026.","Non-binding LOI with U.S. Dept of Commerce for $277M CHIPS Act grant + $1.3B 15-yr senior secured debt at Treasury+150bps.","Government funding subject to milestones including raising $500M non-federal (satisfied by private placement), supply agreements, and capex of $4.1B.","Preliminary FY2025 results announced; specific financial figures not disclosed in filing.","Amended preferred stock and warrant terms to exclude government financing from anti-dilution adjustments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128015,"accession_number":"0001970622-25-000081","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-11-18T23:59:59+00:00","items":["2.01","3.02","7.01","9.01"],"status":"ready","headline":"USA Rare Earth closes $100M cash + 6.54M shares acquisition of Less Common Metals","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price: $100M in cash plus 6.54 million shares of USAR common stock, subject to escrow and post-closing adjustments.","LCM is the leading scaled ex-China rare earth metal and alloy manufacturer, based in Cheshire, UK.","Acquisition secures access to NdPr alloys and strip cast essential for magnet production; supports Stillwater, OK facility.","CEO Barbara Humpton calls acquisition transformative for U.S. rare earth supply chain and plans UK/Europe expansion.","Required financial statements of LCM will be filed by amendment within 71 days of this 8-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128014,"accession_number":"0001970622-25-000073","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"USA Rare Earth Q3 net loss $156.7M; cash >$400M; magnet facility on track for Q1 2026","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net loss $156.7M ($1.64/share); adjusted net loss $25.6M ($0.25/share); operating loss $15.9M.","Cash $257.6M at Q3 end; subsequent warrant exercises raised $163M, total cash >$400M; $123M potential from remaining warrants.","Stillwater magnet facility on track for commercial production in Q1 2026; Round Top PFS targeted H2 2026.","Entered definitive agreement to acquire Less Common Metals Ltd (LCM) for rare earth metals and alloys.","Signed MOU with Enduro for neo magnets delivery in early 2026; JDA with ePropelled for sintered neo magnets."],"consensus_eps_estimate":-0.0791,"consensus_eps_actual":-2.83,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128013,"accession_number":"0001970622-25-000072","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"USA Rare Earth appoints BDO as new auditor after Horne LLP resignation","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Horne LLP resigned as independent auditor effective Nov 1, 2025, after its partners and staff joined BDO USA, P.C.","Audit Committee appointed BDO USA, P.C. as successor independent registered public accounting firm effective same date.","No adverse opinions, disagreements, or reportable events were reported for fiscal years 2024 and 2023.","Company provided Horne with copy of 8-K; Horne's letter agreeing with statements is filed as Exhibit 16.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":128012,"accession_number":"0001970622-25-000057","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"USA Rare Earth calls for redemption of all outstanding warrants at $0.01, exercise price $11.50, deadline Dec 1, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Notice of redemption of all outstanding warrants (USARW) at $0.01 per warrant, valid until 5:00 PM NYC on Dec 1, 2025.","Holders may exercise at $11.50 per share for cash; closing price of common stock on Oct 29 was $20.10, warrants $8.75.","Redemption triggered because common stock closed at or above $18.00 for 20 of 30 trading days ending Oct 27.","Unredeemed warrants after deadline will be void and holders only receive $0.01 per warrant."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144789,"accession_number":"0001213900-25-092611","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-09-29T23:59:59+00:00","items":["1.01","3.02","5.02","7.01","9.01"],"status":"ready","headline":"USAR acquires LCM for $100M+6.74M shares; raises $125M via placement; appoints Barbara Humpton CEO","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquires Less Common Metals (LCM), ex-China rare earth metal producer, for $100M cash and 6.74M USAR shares.","Closes $125M private placement of 8.33M shares at ~$15/share, from existing shareholder.","Appoints Barbara Humpton (former Siemens USA CEO) as CEO effective Oct 1; Joshua Ballard steps down.","New CEO receives $750K base salary and $10M in RSUs vesting over 2-3 years.","Board approves $75K special RSU grant per director for contributions to acquisition process."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144788,"accession_number":"0001970622-25-000016","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-08-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"USA Rare Earth reports Q2 GAAP net loss of $142.7M driven by non-cash items; Stillwater facility on track","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 GAAP net loss $142.7M ($1.54/sh) vs $2.8M loss in Q2 2024; adjusted net loss $7.8M ($0.08/sh).","Cash $121.8M at quarter end, $128.1M as of Aug 7; no significant debt.","Stillwater magnet facility on track for Q1 2026 commissioning; 12 MOUs/JDAs signed for ~300 tons annual production.","Successfully extracted gallium and heavy rare earth concentrates from Round Top deposit.","Operating cash burn $7.9M in Q2 vs $4.0M in prior-year quarter."],"consensus_eps_estimate":-0.1054,"consensus_eps_actual":-0.99,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144787,"accession_number":"0001213900-25-062345","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-07-09T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"COO Steve Ridge retires from USA Rare Earth; receives $5,000 cash and $450K RSU grant","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Steve Ridge, COO, retired effective July 4, 2025; will serve as part-time consultant for three months at $150/hour.","Separation benefits: $5,000 lump sum cash and RSUs with grant date value of $450,000, vesting January 1, 2026.","Consulting period may be terminated early by Company; standard release and restrictive covenants apply.","Board may waive lock-up obligations under Section 37(c) of the Company's Bylaws."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144786,"accession_number":"0001213900-25-060414","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-07-01T23:59:59+00:00","items":["5.07","8.01"],"status":"ready","headline":"USA Rare Earth stockholders approve warrant share issuance and settle Ramco litigation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved issuance of up to 10,714,286 common shares under warrant to institutional investor from May 2 private placement.","Settlement of Ramco lawsuit: company to issue 159,000 common shares to DinSha Dynasty Trust and pay $150,000 to Ramco; no admission of liability.","Special meeting quorum of 51.3M votes (56.19%); 51.1M for, 191K against, 15.6K abstain.","Adjournment proposal deemed unnecessary after sufficient votes were received.","Settlement resolves breach of contract claim and April 2025 milestone payment notice related to reverse merger."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163196,"accession_number":"0001213900-25-055427","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-06-18T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"USA Rare Earth files 2024 audited financials: net loss $16.4M; going concern doubt; cash $116.3M post-financings","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Net loss attributable to USARE stockholders $15.7M in 2024 vs $7.4M in 2023; total net loss $16.4M.","Cash used in operating activities $13.0M in 2024; cash and equivalents $16.8M at Dec 31, 2024.","Going concern doubt: company needs substantial additional funds for Phase 1 magnet plant and operations.","Subsequent financings of ~$105M (Feb & May 2025); cash approx $116.3M as of June 13, 2025.","Accumulated deficit $72.9M; business combination with IPXX closed March 13, 2025, now traded on Nasdaq."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163195,"accession_number":"0001213900-25-043335","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-05-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"USA Rare Earth reports Q1 operational milestones; no financial figures provided","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Merged with Inflection Point and began trading on Nasdaq on March 14, 2025.","Commissioned Innovations Lab at Stillwater magnet facility; started prototyping magnets.","Signed first customer MOU for rare earth sintered magnet production in 2026.","Produced dysprosium oxide from Round Top deposit with >99% purity.","Raised over $100 million since start of 2025; advancing processing technologies."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163194,"accession_number":"0001213900-25-039439","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-05-05T23:59:59+00:00","items":["1.01","3.02","5.03","7.01","8.01","9.01"],"status":"ready","headline":"USA Rare Earth closes $75M PIPE; issues shares and warrants, Series A conversion price reduced to $7","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed $75M PIPE with single institutional investor; issued 8.55M shares, 2.16M pre-funded warrants, 10.71M warrants at $7 exercise price.","Proceeds to fund capital expenditures for Stillwater magnet manufacturing facility plus working capital.","Existing $12 warrants modified to $7 exercise price via waivers; Series A Preferred conversion price also reduced to $7 per share.","Warrants require stockholder approval for exercise; majority voting power holders signed support agreements.","Cantor Fitzgerald & Co. led placement agents; securities sold in unregistered private placement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163193,"accession_number":"0001213900-25-037647","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["1.01","3.02","7.01","8.01","9.01"],"status":"ready","headline":"USA Rare Earth raises $75M via PIPE for magnet facility capex","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Gross proceeds of $75M from issuance of ~8.55M common shares, pre-funded warrants for ~2.16M shares, and warrants for ~10.71M shares at $7.00 strike, 6-year term.","Proceeds to fund capex for Stillwater rare earth magnet facility and for working capital.","Stockholders with majority voting power have executed support agreements to approve issuance of warrant shares.","Cantor Fitzgerald & Co. acted as lead placement agent; Cohen Capital Markets also acted as placement agent.","Closing subject to customary conditions and stockholder approval of warrant share issuance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163192,"accession_number":"0001213900-25-035605","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-04-25T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"USA Rare Earth dismisses UHY, engages HORNE as new auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit committee dismissed UHY LLP as independent auditor on April 23, 2025.","UHY's prior reports included a going concern opinion about the company's viability.","Engaged HORNE LLP as new independent auditor for fiscal year 2025.","HORNE previously audited USARE OpCo before the business combination.","No disagreements or reportable events with UHY during the relevant periods."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181110,"accession_number":"0001013762-25-001623","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K12B/A","filed_at":"2025-03-24T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"USA Rare Earth completes business combination with IPXX; becomes successor issuer","summary_kind":"llm","event_type":"m_and_a","confidence":"low","bullets":["Business combination closed March 13, 2025; Merger Sub merged with USA Rare Earth, LLC.","New USARE (formerly IPXX) is successor issuer with CIK 0001970622 and SEC file 001-41711.","Common stock (USAR) and warrants (USARW) listed on Nasdaq; CUSIPs 91733P107 and 91733P115.","This Amendment No. 1 incorporates by reference the original 8-K filed March 19, 2025.","IPXX share holders must indicate New USARE as successor in next Exchange Act filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181113,"accession_number":"0001213900-25-025163","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-03-19T23:59:59+00:00","items":["1.01","5.02","2.01","8.01","3.02","9.01","2.02","3.03","5.01","5.03","5.05","5.06","7.01"],"status":"ready","headline":"USA Rare Earth closes business combination; common and warrants start trading on Nasdaq","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Business combination between SPAC IPXX and USARE OpCo closed March 13, 2025; company renamed USA Rare Earth, Inc.","Aggregate base consideration: 72,747,711 shares of New USARE Common Stock valued at $800 million.","Redemptions: 128,140 public shares redeemed for ~$1.4 million ($11.00/share).","Issued 5,364,883 shares of Series A Preferred Stock and warrants exercisable for 5,279,414 shares at $12.00.","Common stock (USAR) and warrants (USARW) began trading on Nasdaq on March 14, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181112,"accession_number":"0001013762-25-000660","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-03-18T23:59:59+00:00","items":["3.03","5.03","9.01"],"status":"ready","headline":"Inflection Point Acquisition Corp. II domesticates into USA Rare Earth, Inc., completing business combination","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On March 12, 2025, IPXX domesticated from Cayman Islands to Delaware, becoming USA Rare Earth, Inc. (USAR).","128,140 Class A ordinary shares redeemed at ~$11.00/share, aggregate ~$1.4 million.","All IPXX shares, warrants, and units converted into equivalent USAR securities on a one-for-one basis.","Board of directors and officers of New USARE remain the same as those of IPXX prior to domestication."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181111,"accession_number":"0001213900-25-024359","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-03-17T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"USA Rare Earth appoints William Robert Steele Jr. as CFO effective March 24, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Steele will serve as principal financial and accounting officer; base salary of $400,000.","Target annual cash bonus of 60% of base salary; initial equity award of at least $2M.","Christopher Boling ceases as principal financial officer but remains Controller.","Steele previously Global CFO of Mujin Corp. and a Managing Director at Bank of America Securities.","Employment agreement provides six months severance on without-cause termination before Dec 31, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181109,"accession_number":"0001213900-25-022829","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-03-11T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Inflection Point II enters forward purchase agreements for up to 1.89M shares with three investors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Harraden commits to hold up to 892,825 IPXX shares; Newtyn up to 700,000; L1 up to 297,669.","Sellers receive prepayment from trust account at redemption price; agree not to redeem shares.","Reset price floor set at $4.00; agreements mature 90 days after business combination closing.","Agreements amended/restated similar March 10 pacts to add floor on Reset Price.","Supports closing of USA Rare Earth business combination by reducing potential redemptions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181108,"accession_number":"0001213900-25-022308","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-03-10T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"IPXX shareholders approve merger with USA Rare Earth at March 10 vote","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Business combination approved: 6,989,743 for, 195,818 against, 10 abstain.","Domestication from Cayman Islands to Delaware passed unanimously by 50,000 Class B shares.","Stock issuance proposals (Series A Preferred, common stock to USARE members) approved.","Organizational documents and advisory proposals (750M authorized common shares, exclusive forum) ratified.","Slate of 8 directors for New USARE elected; adjournment not needed due to sufficient votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181107,"accession_number":"0001213900-25-021758","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-03-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Inflection Point II supplements proxy with advisor engagements, litigation update, preferred stock terms","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Engaged Benchmark, Canaccord Genuity, and Roth Capital as capital markets advisors for the USARE business combination.","Ramco Asset Management v. USA Rare Earth, LLC: only breach-of-contract claim remains; trial set for November 2025.","Series A Preferred Stock protective provisions amended: requires majority vote for liquidation, amendment, incurring debt over $5M.","Extraordinary general meeting to vote on business combination scheduled for March 10, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181106,"accession_number":"0001213900-25-012471","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-02-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Inflection Point furnishes updated investor presentation for USARE business combination","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Updated presentation (Exhibit 99.1) for proposed combination with USA Rare Earth, LLC, filed Feb 12, 2025.","Business Combination Agreement originally announced Aug 2024, amended Nov 2024 and Jan 2025.","Presentation used in discussions with investors and analysts; specific content not extractable from filing.","Filing does not disclose new financial figures or changes to deal terms.","Event is a routine update with no material new information available in the presented text."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181105,"accession_number":"0001213900-25-010589","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-02-05T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Inflection Point amends BCA with USA Rare Earth; pre-funds $8.5M, removes warrant forfeiture","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Amendment No. 2 sets initial directors of New USARE and modifies governance and document delivery conditions.","Sponsor Support Agreement amended to eliminate potential forfeiture of up to 1.5M warrants by Sponsor.","Inflection Point Fund pre-funded Series A Preferred Stock Investment, purchasing 833,333 units and warrants for $8.5M.","Series A SPA terminated upon completion of pre-funding.","Amendments strengthen deal certainty but do not change the overall transaction value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181104,"accession_number":"0001213900-25-009666","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-02-04T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Inflection Point II provides updated investor presentation for USA Rare Earth merger","summary_kind":"llm","event_type":"m_and_a","confidence":"medium","bullets":["Business combination agreement with USA Rare Earth signed Aug 21, 2024; amended Nov 12, 2024 and Jan 30, 2025.","Updated investor presentation furnished as Exhibit 99.1; used in meetings with investors and analysts.","No material financial updates disclosed; presentation remains a business combination overview."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181103,"accession_number":"0001213900-25-007594","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2025-01-28T23:59:59+00:00","items":["1.01","3.02","9.01"],"status":"ready","headline":"Inflection Point amends Blitzer Series A SPA; Series A share count tied to conversion of preferred units","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment dated Jan 22, 2025 replaces fixed 104,167 Series A shares with a number equal to conversion of Blitzer’s 122,549 Class A-2 Convertible Preferred Units (including PIK interest).","Shares issued in exchange for Blitzer's forgiveness of 50% of then-outstanding balance on $11.5M convertible promissory note.","Unregistered sale of equity securities reported under Section 4(a)(2) exemption.","Amendment aligns Series A issuance with conversion mechanics under the pending USA Rare Earth business combination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197978,"accession_number":"0001213900-24-100239","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2024-11-19T23:59:59+00:00","items":["5.03","5.07","8.01","9.01"],"status":"ready","headline":"Inflection Point II extends deadline to Aug 2025; 22.8M shares redeemed at ~$10.83","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved extension of business combination deadline from Nov 30, 2024 to Aug 21, 2025.","22,794,651 Public Shares redeemed at ~$10.83 each; trust account reduced to ~$23.9M.","Sponsor converted 6.2M Class B shares into Class A shares; post-redemption Class A shares: 8,405,349.","Directors Erica Dorfman and Elliot Richmond re-elected with 18.3M for and 7.8M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197977,"accession_number":"0001213900-24-098582","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2024-11-14T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Inflection Point enters non-redemption deals to secure SPAC extension; cuts CFO service fee","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Non-redemption agreements with Harraden (700K shares) and L1 Capital (300K shares) in exchange for forward purchase options on up to 1M Class A shares.","Third amendment reduces monthly fee to TVC from $18,882 to $14,746 (Sep-Oct) and then to $7,373 from Nov 1, 2024.","Extension vote set for Nov 18, 2024 to push deadline from Nov 30, 2024 to Aug 21, 2025.","Forward purchase agreements would deposit trust cash into escrow; maturity 90 days post-business combination with USA Rare Earth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197976,"accession_number":"0001213900-24-097548","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2024-11-13T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Inflection Point amends BCA with USA Rare Earth and enters non-redemption pact with Newtyn","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment to BCA converts USARE Class A Preferred Investor Warrants into Domesticated Purchaser Series A Preferred Investor Warrants exercisable for New USARE common stock.","Non-Redemption Agreement with Newtyn: Newtyn agrees not to redeem 700,000 shares; receives option for Forward Purchase Agreement on up to 700,000 shares at closing.","Extraordinary General Meeting on Nov 18, 2024 to approve extension of deadline to complete business combination from Nov 30, 2024 to Aug 21, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214147,"accession_number":"0001213900-24-071620","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2024-08-22T23:59:59+00:00","items":["1.01","3.02","7.01","8.01","9.01"],"status":"ready","headline":"Inflection Point (IPXX) agrees to merge with USA Rare Earth in $800M base deal, closing Q1 2025","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Business combination with USA Rare Earth, LLC; combined company to be named USA Rare Earth, Inc.","Aggregate base consideration of $800M minus indebtedness; earn-out of up to 10M shares at $15 and $20 price targets.","Closing expected in Q1 2025; requires shareholder approval, Nasdaq listing, and regulatory conditions.","Sponsor agrees to vote in favor and forfeit up to 1.5M warrants if trust proceeds plus other investments below $50M.","Inflection Point to migrate from Cayman Islands to Delaware; Series A Preferred Stock investment concurrent with close."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214146,"accession_number":"0001213900-24-068995","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2024-08-14T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"SPAC Inflection Point II secures $2.5M convertible note from CEO, cuts services fee","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued convertible promissory note to CEO Michael Blitzer for up to $2.5M, non-interest bearing, due Nov 30, 2024.","Up to $1.5M of note principal convertible into warrants at $1.00/warrant; each warrant exercisable at $11.50/share.","Second Amendment reduces monthly services fee from $24,091 to $18,882.02, effective retroactively Apr 1, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233373,"accession_number":"0001213900-24-029894","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2024-04-03T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Inflection Point Acquisition Corp. II amends services agreement, reduces monthly fees","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Monthly fee reduced from $27,083.33 to $17,708.33 for Jan 2024, then to $24,091.00 from Feb 1, 2024.","Amendment involves Company, Sponsor, TVC, CFO Peter Ondishin, and chief of staff Kevin Shannon.","All other terms of the Services and Indemnification Agreement remain unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286090,"accession_number":"0001213900-23-056459","cik":1970622,"company_name":"USA Rare Earth, Inc.","ticker":"USAR","form_type":"8-K","filed_at":"2023-07-12T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Inflection Point Acquisition Corp. II announces separate trading of shares and warrants starting July 17, 2023","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Separate trading of Class A ordinary shares (IPXX) and warrants (IPXXW) begins on or about July 17, 2023.","Units not separated will continue trading under IPXXU on Nasdaq.","Company completed IPO of 25,000,000 units (including 3,000,000 overallotment) on May 30, 2023.","Holders must contact transfer agent Continental Stock Transfer to separate units.","Company intends to pursue a business combination in North American or European disruptive growth sectors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":4452900000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-07-12T23:59:59+00:00|286090"}