---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-225972"
form_type: "8-K"
ticker: "LAC"
cik: "0001966983"
company_name: "LITHIUM AMERICAS CORP."
filed_at: "2025-10-01T23:59:59+00:00"
generated_at: "2026-05-17T05:08:55.982621+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lithium Americas reaches non-binding agreement with DOE and GM for first draw of $435M on $2.26B loan

## Summary
- $435M first draw expected Q4 2025 on $2.26B DOE loan for Thacker Pass; total loan adjusted to $2.23B.
- DOE defers $182M debt service over 5 years in exchange for 5% equity warrants in LAC and 5% JV economic interest.
- Company to post additional $120M to reserve accounts within 12 months of first draw.
- GM amends offtake agreement to allow JV to sell remaining Phase 1 production to third parties.
- Non-binding agreement in principle; definitive documentation and conditions remain pending.

## SEC filing metadata
- accession: 0001193125-25-225972
- form_type: 8-K
- ticker: LAC
- cik: 0001966983
- company_name: LITHIUM AMERICAS CORP.
- filed_at: 2025-10-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1966983/000119312525225972/0001193125-25-225972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1966983/000119312525225972/d98794d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-225972
- JSON: https://secwatch.observer/filing/0001193125-25-225972.json
- Plain text: https://secwatch.observer/filing/0001193125-25-225972.txt

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