---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-24-000948"
form_type: "8-K"
ticker: "NB"
cik: "0001512228"
company_name: "NIOCORP DEVELOPMENTS LTD"
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:07:23.424855+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NioCorp amends $65M Yorkville equity line; removes TSX provisions and advance caps

## Summary
- On May 3, 2024, NioCorp voluntarily delisted from TSX and amended its SEPA with Yorkville.
- Amendment removes TSX-related provisions and certain limitations on the number of advances the company may effect.
- The $65M maximum Commitment Amount under the SEPA remains unchanged; maturity date continues to April 1, 2026.
- Updated definitions for Market Price and Exchange Cap (19.99% of outstanding shares) to reflect Nasdaq rules.

## SEC filing metadata
- accession: 0001539497-24-000948
- form_type: 8-K
- ticker: NB
- cik: 0001512228
- company_name: NIOCORP DEVELOPMENTS LTD
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512228/000153949724000948/0001539497-24-000948-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512228/000153949724000948/n2574_x209-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-24-000948
- JSON: https://secwatch.observer/filing/0001539497-24-000948.json
- Plain text: https://secwatch.observer/filing/0001539497-24-000948.txt

## Key facts
- Material Agreements
  NIOCORP DEVELOPMENTS LTD amended SEPA with YA II PN, Ltd. ("Yorkville") (effective 2024-05-03).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: YA II PN, Ltd. ("Yorkville")
  - Effective: 2024-05-03
  source text: On May 3, 2024, in connection with the delisting of the Common Shares from the Toronto Stock Exchange (the “TSX”), the Company and Yorkville entered into an amendment to the SEPA (the “Amendment”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512228/000153949724000948/0001539497-24-000948-index.htm

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