secwatch / observer
8-K filed March 10, 2023, 6:59 PM ET ticker NB CIK 0001512228
other material confidence high sentiment positive materiality 0.75

NioCorp shareholders vote >96% to approve business combination with GXII and up to $81M in Yorkville financings

NIOCORP DEVELOPMENTS LTD

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

NIOCORP DEVELOPMENTS LTD shareholders approved The Yorkville Convertible Debt Financing Proposal: To approve the issuance of all of the convertible debentures of NioCorp that may be issuable, all of the warrants of NioCorp that may be issuable, and all of the Common Shares that may be issuable upon conversion of the principal amount of, and any at the 2023-03-10 meeting.

Outcome
passed
Meeting
2023-03-10
Exact text from the filing
PROPOSAL 3 “The Yorkville Convertible Debt Financing Proposal”: To approve the issuance of all of the convertible debentures of NioCorp that may be issuable, all of the warrants of NioCorp that may be issuable, and all of the Common Shares that may be issuable upon conversion of the principal amount of, and any and all accrued interest on, the convertible debentures at the Conversion Price (as defined in the Joint Proxy Statement/Prospectus) and upon exercise of the warrants, in each case, in connection with the transactions contemplated by the Securities Purchase Agreement, dated January 26, 2023, by and between NioCorp and Yorkville, as may be amended from time to time, including by the Amendment No. 1 to Securities Purchase Agreement, dated February 24, 2023, by and between NioCorp and Yorkville. For Against Abstain 110,465,612 2,573,620 1,852,959
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

NIOCORP DEVELOPMENTS LTD shareholders approved The Share Issuance Proposal: To approve the issuance of Common Shares, and including the possible creation of GX Sponsor II LLC as a control person, in connection with the Transactions. at the 2023-03-10 meeting.

Outcome
passed
Meeting
2023-03-10
Exact text from the filing
PROPOSAL 1 “The Share Issuance Proposal”: To approve the issuance of Common Shares, and including the possible creation of GX Sponsor II LLC as a control person, in connection with the Transactions. For Against Abstain 110,565,875 2,728,919 1,597,397
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

NIOCORP DEVELOPMENTS LTD shareholders approved The Quorum Amendment Proposal: To approve, with or without amendment, an amendment to the NioCorp Articles to require the presence, in person or by proxy, of two or more shareholders representing at least 33 1/3% of the outstanding shares entitled to be voted in order to constitute a quorum at any m at the 2023-03-10 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2023-03-10
Exact text from the filing
PROPOSAL 4 “The Quorum Amendment Proposal”: To approve, with or without amendment, an amendment to the NioCorp Articles to require the presence, in person or by proxy, of two or more shareholders representing at least 33 1/3% of the outstanding shares entitled to be voted in order to constitute a quorum at any meeting of NioCorp shareholders. For Against Abstain 110,267,696 2,784,406 1,840,089
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

NIOCORP DEVELOPMENTS LTD shareholders approved The Yorkville Equity Financing Proposal: To approve the issuance of all of the Common Shares that may be issuable upon a sale at the Purchase Price and all of the Commitment Shares to be issued, in each case, in connection with the transactions contemplated by the Standby Equity Purchase Agreement, at the 2023-03-10 meeting.

Outcome
passed
Meeting
2023-03-10
Exact text from the filing
PROPOSAL 2 “The Yorkville Equity Financing Proposal”: To approve the issuance of all of the Common Shares that may be issuable upon a sale at the Purchase Price (as defined in the Joint Proxy Statement/Prospectus) and all of the Commitment Shares (as defined in the Joint Proxy Statement/Prospectus) to be issued, in each case, in connection with the transactions contemplated by the Standby Equity Purchase Agreement, dated January 26, 2023, by and between NioCorp and YA II PN, Ltd., an investment fund managed by Yorkville Advisors Global, LP (together with YA II PN, Ltd., “Yorkville”), as may be amended from time to time. For Against Abstain 110,346,350 2,559,143 1,986,698
View on SEC.gov

63 shareholder votes filed in the last 30 days. Browse all shareholder votes →

NIOCORP DEVELOPMENTS LTD filing history →

Source: SEC EDGAR
accession 0001539497-23-000399
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