secwatch.observer — SEC 8-K summary
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Issuer:     NIOCORP DEVELOPMENTS LTD (NB)
CIK:        0001512228
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001539497-26-000783
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NioCorp closes $100M public offering of common shares and pre-funded warrants
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- Gross proceeds ~$100M from 20M shares/pre-funded warrants at $5.00 per unit; net ~$93.6M after fees.
- Proceeds to fund working capital and advance the Elk Creek critical minerals project in Nebraska.
- Maxim Group LLC acted as sole placement agent; offering closed February 25, 2026.
- 30-day lock-up for executives/directors and 60-day company issuance restrictions apply.
- Pre-funded warrants exercisable at $0.0001 per share with 4.99% beneficial ownership cap.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512228/000153949726000783/0001539497-26-000783-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512228/000153949726000783/n2574_x314-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-26-000783

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