5E Advanced Materials completes $3.50/share public offering of 2,374,481 shares, raising net proceeds of $7.3 million

5E Advanced Materials, Inc.

• On August 21, 2025, 5E Advanced Materials entered into an underwriting agreement with Konik Capital Partners for a public offering of 2,374,481 shares of common stock at $3.50 per share.
• The offering closed on August 25, 2025, with net proceeds of approximately $7.3 million after deductions for underwriting discounts, commissions, and estimated expenses.
• Proceeds will be used primarily for small-scale facility operations, wellfield development, FEL-3 engineering, working capital, and general corporate purposes.
• Directors, executive officers, and certain stockholders agreed to a 90-day lock-up on sales of common stock following the closing.