---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-106892"
form_type: "8-K"
ticker: "FEAM"
cik: "0001888654"
company_name: "5E Advanced Materials, Inc."
filed_at: "2024-09-16T23:59:59+00:00"
generated_at: "2026-05-31T04:43:45.757287+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# 5E Advanced Materials issues $6M in convertible notes; conversion price $0.9375

## Summary
- Issued $6M aggregate principal of secured convertible notes to Bluescape, Ascend, and Meridian on Sept 16, 2024.
- Notes bear 4.5% interest (10% PIK); convertible at $0.9375 per share into up to 6.4M shares initially.
- Conversion rate subject to make-whole adjustment up to additional 3.9M shares; degressive issuance clause may further adjust.
- Operating company 5E Boron Americas becomes guarantor with first-priority security interest on all assets.
- June 2024 Notes conversion rate adjusted to 692.799 shares per $1,000 due to prior equity offering.

## SEC filing metadata
- accession: 0000950170-24-106892
- form_type: 8-K
- ticker: FEAM
- cik: 0001888654
- company_name: 5E Advanced Materials, Inc.
- filed_at: 2024-09-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1888654/000095017024106892/0000950170-24-106892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1888654/000095017024106892/feam-20240916.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-106892
- JSON: https://secwatch.observer/filing/0000950170-24-106892.json
- Plain text: https://secwatch.observer/filing/0000950170-24-106892.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.