---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-336637"
form_type: "8-K"
ticker: "LAC"
cik: "0001966983"
company_name: "LITHIUM AMERICAS CORP."
filed_at: "2026-08-06T10:51:14+00:00"
generated_at: "2026-08-06T10:55:19.099331+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lithium Americas secures up to $175M in convertible debentures to fund Thacker Pass

## Summary
- Initial $150M subordinated convertible debenture issuance; option for additional $25M at Company's discretion.
- 5-year maturity, 5% annual interest (step-up to 7.5% in first 2 years, 15% after 2 years upon certain events).
- Conversion price is lower of fixed price (≥140% of prior close or $3.79) or 95% of 5-day VWAP, subject to floor price.
- Proceeds for general corporate purposes including Thacker Pass; ATM equity program suspended for 30 days.
- Thacker Pass targets late 2027 mechanical completion; backed by $2.23B DOE loan and GM/Orion investments.

## SEC filing metadata
- accession: 0001193125-26-336637
- form_type: 8-K
- ticker: LAC
- cik: 0001966983
- company_name: LITHIUM AMERICAS CORP.
- filed_at: 2026-08-06T10:51:14+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1966983/000119312526336637/0001193125-26-336637-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1966983/000119312526336637/d60367d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-336637
- JSON: https://secwatch.observer/filing/0001193125-26-336637.json
- Plain text: https://secwatch.observer/filing/0001193125-26-336637.txt

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