secwatch.observer — SEC 8-K summary
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Issuer:     NIOCORP DEVELOPMENTS LTD (NB)
CIK:        0001512228
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001539497-24-000948
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512228/000153949724000948/0001539497-24-000948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512228/000153949724000948/n2574_x209-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-24-000948

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