secwatch.observer — SEC 8-K summary
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Issuer:     NIOCORP DEVELOPMENTS LTD (NB)
CIK:        0001512228
Form:       8-K
Filed at:   2023-12-20T23:59:59+00:00
Accession:  0001539497-23-002204
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NioCorp raises ~$1.29M via private placement of 413,432 units with warrants
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- Private placement of 413,432 units; each unit = 1 common share + 1 warrant exercisable at $3.54 for 24 months.
- Gross proceeds expected ~$1.29 million; closing on or about Dec 22, 2023.
- Officers and directors purchased 138,845 units at $3.205/unit; other investors bought 274,587 units at $3.08/unit.
- Warrants exercisable for one common share at $3.54 per share for 24 months from closing.
- Offered under Regulation S and Rule 506(b) exemptions; securities not registered under Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512228/000153949723002204/0001539497-23-002204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512228/000153949723002204/n2574_x184-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-23-002204

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer