---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-002996"
form_type: "8-K"
ticker: "NG"
cik: "0001173420"
company_name: "NOVAGOLD RESOURCES INC"
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T01:23:23.787584+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NOVAGOLD prices $179M upsized public offering of 47.85M shares at $3.75/share

## Summary
- Gross proceeds ~$179.4M from 47.85M shares at $3.75; underwriters have 30-day option for up to 7.18M additional shares.
- Concurrent private placement of 17.17M shares at same price to Electrum Strategic Resources and Kopernick Global Investors for ~$64.4M.
- Net proceeds to fund acquisition of additional 10% ownership in Donlin Gold LLC (previously announced $1B deal) and remaining for general corporate/feasibility study.
- Offering expected to close May 9, 2025; joint book-runners: Citigroup, RBC, BMO, Canaccord Genuity, Nat'l Bank, Scotiabank, Morgan Stanley.

## SEC filing metadata
- accession: 0001171843-25-002996
- form_type: 8-K
- ticker: NG
- cik: 0001173420
- company_name: NOVAGOLD RESOURCES INC
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173420/000117184325002996/0001171843-25-002996-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173420/000117184325002996/f8k_050825.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-002996
- JSON: https://secwatch.observer/filing/0001171843-25-002996.json
- Plain text: https://secwatch.observer/filing/0001171843-25-002996.txt

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