---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-003723"
form_type: "8-K"
ticker: "NG"
cik: "0001173420"
company_name: "NOVAGOLD RESOURCES INC"
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T19:41:18.102883+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NOVAGOLD closes full exercise of underwriters' option, total net proceeds ~$195.2M

## Summary
- Underwriters exercised option to purchase 7,177,500 additional common shares at $3.75/share.
- Net proceeds from option exercise were approximately $25.6 million after underwriting discount and expenses.
- Total offering: 55,027,500 common shares and net proceeds of ~$195.2 million.
- Proceeds to be used for general corporate purposes and updating the Donlin Gold Feasibility Study.
- Citigroup, RBC, BMO, Canaccord, National Bank, Scotiabank, and Morgan Stanley acted as joint book-runners.

## SEC filing metadata
- accession: 0001171843-25-003723
- form_type: 8-K
- ticker: NG
- cik: 0001173420
- company_name: NOVAGOLD RESOURCES INC
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173420/000117184325003723/0001171843-25-003723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173420/000117184325003723/f8k_060525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-003723
- JSON: https://secwatch.observer/filing/0001171843-25-003723.json
- Plain text: https://secwatch.observer/filing/0001171843-25-003723.txt

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