MP Materials secondary offering closes: 4.25M shares sold at $35 by JHL and QVT affiliates

MP Materials Corp. / DE

Secondary offering of 4,250,000 shares (plus 637,500 over-allotment option) by selling stockholders closed on Sept 16, 2021.
Price to public was $35.00 per share; company received no proceeds from the offering.
Selling stockholders are affiliates of JHL Capital Group and QVT Financial.
Underwriter is Morgan Stanley & Co. LLC; offering made under effective shelf registration statement.

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