secwatch.observer — SEC 8-K summary
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Issuer:     LITHIUM AMERICAS CORP. (LAC)
CIK:        0001966983
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0000950170-25-108402
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lithium Americas Q2 net loss $24.8M; Thacker Pass Phase 1 on track for late 2027
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- Net loss for six months ended June 30, 2025 was $24.8M ($0.11 loss per share), up from $12.8M in 2024 due to transaction costs.
- Cash and restricted cash $509.1M as of June 30, 2025; $220M Orion investment closed, GM contributed $100M to JV.
- Thacker Pass construction: 300 workers on site, first steel installation in Sept 2025, Phase 1 mechanical completion target late 2027.
- Engineering 70% design complete; $425M committed in purchase agreements; DOE loan first draw expected H2 2025.
- ATM program raised $8.5M in Q2, additional $55.1M post-quarter at avg $3.11/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1966983/000095017025108402/0000950170-25-108402-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1966983/000095017025108402/lac-20250814.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-108402

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