secwatch.observer — SEC 8-K summary
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Issuer:     i-80 Gold Corp. (IAUX)
CIK:        0001853962
Form:       8-K
Filed at:   2025-05-16T23:59:59+00:00
Accession:  0001193125-25-121092
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

i-80 Gold raises ~$164M in unit offering; underwriters exercise over-allotment option
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- 320M units at $0.50/unit, each consisting of one common share and one-half warrant (exercise price $0.70, 30-month expiry).
- Underwriters exercised option for 25.76M additional units; net proceeds ~$164.2M after discounts and expenses.
- Proceeds to fund development at Granite Creek, Cove, Ruby Hill, Lone Tree and settle prepayments with National Bank of Canada and Orion.
- Concurrent private placement of up to 22.24M units at $0.50/unit with directors/officers/shareholders for up to $11.1M gross proceeds.
- Closing expected May 16, 2025; warrants may be listed on TSX and NYSE American.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853962/000119312525121092/0001193125-25-121092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853962/000119312525121092/d904239d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-121092

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