secwatch.observer — SEC 8-K summary
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Issuer:     NIOCORP DEVELOPMENTS LTD (NB)
CIK:        0001512228
Form:       8-K
Filed at:   2023-11-28T23:59:59+00:00
Accession:  0001539497-23-002030
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NioCorp delivers notice to draw 75,000 shares under standby equity facility
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- Advance Notice issued for 75,000 common shares under Standby Equity Purchase Agreement dated Jan 26, 2023.
- Purchase price set at 97% of VWAP over three consecutive trading days starting Nov 28, 2023.
- Expected close on or about December 1, 2023.
- Shares offered in reliance on Section 4(a)(2) exemption; not registered under Securities Act.
- Drawdown from existing facility, not a new equity offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512228/000153949723002030/0001539497-23-002030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512228/000153949723002030/n2574_x176-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-23-002030

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