---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-23-002071"
form_type: "8-K"
ticker: "NB"
cik: "0001512228"
company_name: "NIOCORP DEVELOPMENTS LTD"
filed_at: "2023-12-01T23:59:59+00:00"
generated_at: "2026-06-07T19:19:44.018211+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# NioCorp issues 75,000 shares at $3.1185 each under Standby Equity Purchase Agreement

## Summary
- Issued and sold 75,000 common shares at $3.1185 per share (97% of Nasdaq VWAP) on December 1, 2023.
- Settlement of Advance Notice delivered Nov 28, 2023 under the January 26, 2023 Standby Equity Purchase Agreement.
- Gross proceeds approximately $234,000; shares unregistered, sold under Section 4(a)(2) exemption.
- Issuance provides working capital but dilutes existing shareholders by ~0.06% based on prior outstanding.
- Facility remains available for future advances at similar pricing terms.

## SEC filing metadata
- accession: 0001539497-23-002071
- form_type: 8-K
- ticker: NB
- cik: 0001512228
- company_name: NIOCORP DEVELOPMENTS LTD
- filed_at: 2023-12-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512228/000153949723002071/0001539497-23-002071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512228/000153949723002071/n2574_x177-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-23-002071
- JSON: https://secwatch.observer/filing/0001539497-23-002071.json
- Plain text: https://secwatch.observer/filing/0001539497-23-002071.txt

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