m_and_a
confidence high
sentiment neutral
materiality 0.85
Piedmont Lithium completes merger with Sayona Mining; shareholders receive 0.35133 Sayona ADSs per share
Piedmont Lithium Inc.
- Merger closed August 29, 2025; Piedmont becomes wholly owned subsidiary of Sayona, now Elevra Lithium.
- Piedmont shareholders receive 0.35133 Sayona ADSs (each representing 527 Sayona ordinary shares) per PLL share.
- Piedmont common stock delisted from Nasdaq as of Sept 2, 2025; CDIs delisted from ASX.
- All Piedmont directors resigned; Lucas Dow appointed sole director, President, and CEO.
- Keith Phillips (former CEO), Bruce Czachor, Michael White resigned as officers.
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