enCore Energy prices $100M convertible notes at 5.50% due 2030; upsized from $75M

enCore Energy Corp.

Initial conversion price of $3.29/share, 27.5% premium over Aug 19 close of $2.58.
Net proceeds ~$95.3M (or $109.8M with greenshoe); $10.6M used to repay loan, remainder for general corporate purposes.
Capped call transactions with cap price $4.52/share (75% premium) to reduce dilution upon conversion.
Notes bear 5.50% interest, semi-annual; mature Aug 15, 2030; redeemable after Aug 21, 2028 if stock exceeds 130% of conversion price.

item 7.01item 9.01

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