---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-085598"
form_type: "8-K"
ticker: "NG"
cik: "0001173420"
company_name: "NOVAGOLD RESOURCES INC"
filed_at: "2026-07-22T11:00:43+00:00"
generated_at: "2026-07-22T11:05:20.016464+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# NovaGold to acquire 100% of Donlin Gold via all-share deal with Paulson; creates ~$4.2B gold developer

## Summary
- NovaGold shareholders to receive 1 New NovaGold share per NG share; Paulson contributes 40% Donlin interest for ~35% of New NG.
- New NG to be Delaware-domiciled, listed on NYSE; current NG holders (incl. Paulson) own ~65%, Paulson voting capped at 19.99%.
- Donlin Gold projected to produce ~1.3M oz/yr first decade, ~1.1M oz/yr over 27-year mine life; 40M oz M&I resources.
- Dr. Thomas S. Kaplan and John Paulson to co-chair New NG board; Paulson gets two director seats if >15% ownership.
- Transaction expected to close Q4 2026; requires 66 2/3% shareholder approval, court and regulatory approvals.

## SEC filing metadata
- accession: 0001104659-26-085598
- form_type: 8-K
- ticker: NG
- cik: 0001173420
- company_name: NOVAGOLD RESOURCES INC
- filed_at: 2026-07-22T11:00:43+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173420/000110465926085598/0001104659-26-085598-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173420/000110465926085598/tm2619701d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-085598
- JSON: https://secwatch.observer/filing/0001104659-26-085598.json
- Plain text: https://secwatch.observer/filing/0001104659-26-085598.txt

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