USAR acquires LCM for $100M+6.74M shares; raises $125M via placement; appoints Barbara Humpton CEO

USA Rare Earth, Inc.

Acquires Less Common Metals (LCM), ex-China rare earth metal producer, for $100M cash and 6.74M USAR shares.
Closes $125M private placement of 8.33M shares at ~$15/share, from existing shareholder.
Appoints Barbara Humpton (former Siemens USA CEO) as CEO effective Oct 1; Joshua Ballard steps down.
New CEO receives $750K base salary and $10M in RSUs vesting over 2-3 years.
Board approves $75K special RSU grant per director for contributions to acquisition process.

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