secwatch.observer — SEC 8-K summary
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Issuer:     NIOCORP DEVELOPMENTS LTD (NB)
CIK:        0001512228
Form:       8-K
Filed at:   2025-10-15T23:59:59+00:00
Accession:  0001539497-25-002714
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NioCorp raises ~$139.1M in registered direct offering of common shares and pre-funded warrants
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- Placed 10,152,175 common shares at $9.34/share and 5,925,000 pre-funded warrants at $9.3399/warrant via Maxim Group LLC.
- Net proceeds of ~$139.1M after placement agent fees and expenses; offering closed Oct 15, 2025.
- Pre-funded warrants exercisable for one common share at $0.0001, no expiration, subject to 4.99%/9.99% beneficial ownership limitation.
- Lock-up agreements for officers/directors for 30 days; company restricted from issuing additional shares until Nov 28, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512228/000153949725002714/0001539497-25-002714-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512228/000153949725002714/n2574_x297-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-25-002714

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