other material
confidence high
sentiment positive
materiality 0.75
UEC raises additional $30.6M from full exercise of over-allotment in public offering
URANIUM ENERGY CORP
- Underwriter exercised option for additional 2.325M shares at $13.15/share, raising $30.6M in gross proceeds.
- Total public offering now 17.825M shares at $13.15, raising ~$234.4M in gross proceeds.
- Proceeds to accelerate development of UEC's new American uranium refining and conversion facility via subsidiary UR&C.
- Goldman Sachs & Co. LLC acted as sole underwriter for the offering.