---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-24-002341"
form_type: "8-K"
ticker: "NB"
cik: "0001512228"
company_name: "NIOCORP DEVELOPMENTS LTD"
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:18:39.371311+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# NioCorp closes ~$2.5M public offering of common shares and warrants; net proceeds ~$1.4M

## Summary
- Registered Offering of 1.59M common shares, 1.59M Series A warrants ($1.75, 2yr), 0.80M Series B warrants ($2.07, 5yr) at $1.57/unit.
- Gross proceeds ~$2.5M; net proceeds ~$1.39M after underwriting discounts and expenses.
- Concurrent private placement expected to close Nov 11, 2024; combined total ~$6.0M.
- Proceeds to fund Elk Creek Project, working capital, and repay CEO Mark Smith's $2.0M credit facility.
- Underwriter Maxim Group LLC partially exercised over-allotment for additional warrants.

## SEC filing metadata
- accession: 0001539497-24-002341
- form_type: 8-K
- ticker: NB
- cik: 0001512228
- company_name: NIOCORP DEVELOPMENTS LTD
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512228/000153949724002341/0001539497-24-002341-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512228/000153949724002341/n2574_x223-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-24-002341
- JSON: https://secwatch.observer/filing/0001539497-24-002341.json
- Plain text: https://secwatch.observer/filing/0001539497-24-002341.txt

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