---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-045339"
form_type: "8-K"
ticker: "USAR"
cik: "0001970622"
company_name: "USA Rare Earth, Inc."
filed_at: "2026-04-20T23:59:59+00:00"
generated_at: "2026-05-15T05:23:05.111692+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# USA Rare Earth to acquire SVRE Holdings for $300M cash and 126.8M shares; expected close Q3 2026

## Summary
- Deal: $300M cash + 126,849,307 USAR shares to SVRE shareholders; warrants and equity awards converted.
- Closing conditions include USAR stockholder approval, HSR clearance, appointment of Sir Mick Davis and Thrasyvoulos Moraitis to USAR board.
- Thrasyvoulos Moraitis, SVRE CEO, to become President of USAR at closing; employment letter signed.
- Supporting stockholders (~9% of USAR shares) entered Voting and Support Agreement to vote in favor.
- Termination fee: $75M if adverse recommendation change, $25M if stockholder vote fails.

## SEC filing metadata
- accession: 0001213900-26-045339
- form_type: 8-K
- ticker: USAR
- cik: 0001970622
- company_name: USA Rare Earth, Inc.
- filed_at: 2026-04-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1970622/000121390026045339/0001213900-26-045339-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1970622/000121390026045339/ea0286910-8k_usarare.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-045339
- JSON: https://secwatch.observer/filing/0001213900-26-045339.json
- Plain text: https://secwatch.observer/filing/0001213900-26-045339.txt

## Source-grounded claims
- claim_id: 260354790c423ac13abf4a8bb3d4bfc0c8f5702e
  claim: USA Rare Earth, Inc. entered into Agreement and Plan of Merger with SVRE Holdings Ltd. valued at $300,000,000 (effective 2026-04-19).
  evidence_excerpt: On April 19, 2026, USA Rare Earth, Inc. (“ USAR ”) entered into a definitive Agreement and Plan of Merger (the “ Merger Agreement ”) by and among (i) USAR, (ii) Middlebury Merger Sub Ltd., a business company limited by shares incorporated under the laws of the British Virgin Islands and an indirect, wholly owned Subsidiary of USAR (“ Merger Sub ”), (iii) SVRE Holdings Ltd., a business company limited by shares incorporated under the laws of the British Virgin Islands (“ SVRE ” or the “ Company ”), and (iv) Serra Verde Rare Earths Ltd., a company incorporated and existing under the laws of the British Virgin Islands, solely in its capacity as the representative of the Company Shareholders (the “ Seller Representative ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1970622/000121390026045339/0001213900-26-045339-index.htm

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