{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-005566","form_type":"8-K","ticker":"FEAM","cik":"0001888654","company_name":"5E Advanced Materials, Inc.","filed_at":"2024-01-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.241070+00:00","generated_at":"2026-06-06T21:28:58.823656+00:00","sec_items":["1.01","2.03","3.02","3.03","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"5E Advanced Materials closes $10M equity tranche, restructures convertible notes, doubles authorized shares","bullets":["First closing of $10M equity: 5,365,854 shares each to Ascend and 5ECAP at $1.025/share.","Amended convertible notes: $66.3M principal convertible at $1.5375, maturity Aug 2028, interest 4.5% or 10% PIK.","Cash covenant waived through June 2024 then reduced from $10M to $7.5M; half of Bluescape notes bought by Ascend and Meridian.","Shareholder-approved charter amendment increases authorized common shares from 180M to 360M.","Second tranche of additional equity (up to $7.5M) expected to close Jan 29, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-005566","json":"https://secwatch.observer/filing/0000950170-24-005566.json","markdown":"https://secwatch.observer/filing/0000950170-24-005566.md","text":"https://secwatch.observer/filing/0000950170-24-005566.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1888654/000095017024005566/0000950170-24-005566-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1888654/000095017024005566/feam-20240112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T21:28:58.823656+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ed6840f5ee694cad6e96496538b055661a9f60ae","claim":"5E Advanced Materials, Inc. amended convertible notes with BEP Special Situations IV LLC, Ascend Global Investment Fund SPC, Meridian Investments Corporation at 4.50% per annum, payable semi-annually, or 10.00% per annum if the Company elect maturing August 15, 2028.","evidence_excerpt":"On January 18, 2024, in connection with its previously announced restructuring transactions, 5E Advanced Materials, Inc. (the “ Company ”) entered into the Amended and Restated Note Purchase Agreement (the “ Amended and Restated Note Purchase Agreement ”) by and among the Company, BEP Special Situations IV LLC (“ Bluescape ”), Ascend Global Investment Fund SPC, for and on behalf of Strategic SP (“ Ascend ”), and Meridian Investments Corporation (“ Meridian ”), related to the Company’s 4.50% senior secured convertible notes (the “ Convertible Notes ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1888654/000095017024005566/0000950170-24-005566-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Counterparty","value":"BEP Special Situations IV LLC, Ascend Global Investment Fund SPC, Meridian Investments Corporation"},{"label":"Rate","value":"4.50% per annum, payable semi-annually, or 10.00% per annum if the Company elect"},{"label":"Maturity","value":"August 15, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"5d5cc2b61c38f83323aa0b6bcba272fbfdffc7af","claim":"5E Advanced Materials, Inc.: Increased authorized shares of Common Stock from 180,000,000 to 360,000,000 via Amended and Restated Certificate of Incorporation (effective 2024-01-12).","evidence_excerpt":"On January 12, 2024, the Company, following receipt of approval of the Charter Amendment Proposal, filed the Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1888654/000095017024005566/0000950170-24-005566-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-01-12"}],"fact_type":"governance_change"},{"claim_id":"b70b7e2bdd5f43b88ab23c85e41ea8cf1f16ed1e","claim":"5E Advanced Materials, Inc. amended Amended and Restated Note Purchase Agreement with BEP Special Situations IV LLC, Ascend Global Investment Fund SPC, Meridian Investments Corporation (effective 2024-01-18).","evidence_excerpt":"On January 18, 2024, in connection with its previously announced restructuring transactions, 5E Advanced Materials, Inc. (the “ Company ”) entered into the Amended and Restated Note Purchase Agreement (the “ Amended and Restated Note Purchase Agreement ”) by and among the Company, BEP Special Situations IV LLC (“ Bluescape ”), Ascend Global Investment Fund SPC, for and on behalf of Strategic SP (“ Ascend ”), and Meridian Investments Corporation (“ Meridian ”), related to the Company’s 4.50% senior secured convertible notes (the “ Convertible Notes ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1888654/000095017024005566/0000950170-24-005566-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"BEP Special Situations IV LLC, Ascend Global Investment Fund SPC, Meridian Investments Corporation"},{"label":"Effective","value":"2024-01-18"}],"fact_type":"material_agreement"},{"claim_id":"c8c5e7a1d9f4c2302c67e613285f549daa9fb985","claim":"5E Advanced Materials, Inc. entered into Amended and Restated 5ECAP Subscription Agreement with Ascend Global Investment Fund SPC, 5ECAP, LLC (effective 2024-01-18).","evidence_excerpt":"On January 18, 2024, the Company entered into an amended and restated subscription agreement (the “ Amended and Restated 5ECAP Subscription Agreement ”), by and among the Company, Ascend, and 5ECAP.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1888654/000095017024005566/0000950170-24-005566-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Ascend Global Investment Fund SPC, 5ECAP, LLC"},{"label":"Effective","value":"2024-01-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}