secwatch.observer — SEC 8-K summary
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Issuer:     UR-ENERGY INC (URG)
CIK:        0001375205
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001104659-25-121238
Event type: debt
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ur-Energy issues $120M 4.75% Convertible Senior Notes due 2031, net proceeds $114.8M
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- $120M aggregate principal of 4.75% convertible notes due Jan 15, 2031; conversion price ~$1.73 (27.5% premium).
- Net proceeds ~$114.8M after discounts; ~$16.6M for capped calls, balance for project development/corporate.
- Capped call transactions hedge dilution up to $2.72/share (100% premium) on shares underlying notes.
- Notes are unsecured, convertible under conditions; callable after Jan 22, 2029 if stock price >=130% conversion price.
- Interest 4.75% payable semiannually Jan 15/Jul 15 starting Jul 15, 2026; maturity Jan 15, 2031.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1375205/000110465925121238/0001104659-25-121238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1375205/000110465925121238/tm2533314d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-121238

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer