---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-013313"
form_type: "8-K/A"
ticker: "IE"
cik: "0001879016"
company_name: "Ivanhoe Electric Inc."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T14:43:06.669561+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ivanhoe Electric issues 1.51M shares to Ma'aden at $13.50 for $20.4M to maintain 9.9% stake

## Summary
- Ma'aden exercises top-up right to purchase 1,513,650 shares at $13.50/share, aggregate $20.4M.
- Issuance triggered by September 2023 public offering; shares sold in private placement under Regulation S.
- Proceeds to advance U.S. mineral projects and for working capital; closing expected Oct 31, 2023.
- Ma'aden maintains 9.9% ownership; shares subject to transfer restrictions and registration rights.

## SEC filing metadata
- accession: 0001654954-23-013313
- form_type: 8-K/A
- ticker: IE
- cik: 0001879016
- company_name: Ivanhoe Electric Inc.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879016/000165495423013313/0001654954-23-013313-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879016/000165495423013313/ie_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-013313
- JSON: https://secwatch.observer/filing/0001654954-23-013313.json
- Plain text: https://secwatch.observer/filing/0001654954-23-013313.txt

## Key facts
- Material Agreements
  Ivanhoe Electric Inc. entered into Common Stock Subscription Agreement with Ma'aden valued at 1,513,650 shares at $13.50 per share for aggregate gross proceeds of approximately $20.4 million (effective 2023-10-23).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Ma'aden
  - Value: 1,513,650 shares at $13.50 per share for aggregate gross proceeds of approximately $20.4 million
  - Effective: 2023-10-23
  source text: On October 23, 2023, the Company entered into a Common Stock Subscription Agreement (the “Subscription Agreement”) with Ma’aden.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879016/000165495423013313/0001654954-23-013313-index.htm

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