WESTWATER RESOURCES, INC. (WWR): debt financing — Westwater Resources raises $5M via convertible notes; Q2 net loss $3.855M

WESTWATER RESOURCES, INC.

Issued $5M convertible notes to institutional investors; conversion price $0.83, 24-month maturity.
Q2 2025 net loss $3.855M ($0.05 EPS) vs $3.819M ($0.07 EPS) in Q2 2024; cash $6.704M.
Notes amortize monthly; may be prepaid at 115% premium; voting agreements with officers for shareholder approval.
Series A-1 convertible notes of $4.986M on balance sheet; total liabilities $15.714M.

item 1.01 item 2.02 item 7.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

WESTWATER RESOURCES, INC. incurred convertible notes of up to an aggregate principal amount of $5,000,000 with certain institutional investors at 18% per annum maturing twenty-four month anniversary of their respective issuance dates.

Instrument: convertible notes
Principal: up to an aggregate principal amount of $5,000,000
Counterparty: certain institutional investors
Rate: 18% per annum
Maturity: twenty-four month anniversary of their respective issuance dates
Event: incurrence

Exact text from the filing

On August 7, 2025, Westwater Resources, Inc. (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with certain institutional investors (the “Investors”) under which the Company agreed to issue and sell in a registered public offering directly to the Investors (the “Offering”), convertible notes for up to an aggregate principal amount of $5,000,000 (the “Notes”)

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41 debt financings filed in the last 30 days. Browse all debt financings →

WESTWATER RESOURCES, INC. filing history →

Source: SEC EDGAR

accession 0001104659-25-074946

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