---
schema_version: "secwatch.filing_event.v1"
accession: "0001970622-25-000081"
form_type: "8-K"
ticker: "USAR"
cik: "0001970622"
company_name: "USA Rare Earth, Inc."
filed_at: "2025-11-18T23:59:59+00:00"
generated_at: "2026-05-16T18:55:15.213354+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# USA Rare Earth closes $100M cash + 6.54M shares acquisition of Less Common Metals

## Summary
- Purchase price: $100M in cash plus 6.54 million shares of USAR common stock, subject to escrow and post-closing adjustments.
- LCM is the leading scaled ex-China rare earth metal and alloy manufacturer, based in Cheshire, UK.
- Acquisition secures access to NdPr alloys and strip cast essential for magnet production; supports Stillwater, OK facility.
- CEO Barbara Humpton calls acquisition transformative for U.S. rare earth supply chain and plans UK/Europe expansion.
- Required financial statements of LCM will be filed by amendment within 71 days of this 8-K.

## SEC filing metadata
- accession: 0001970622-25-000081
- form_type: 8-K
- ticker: USAR
- cik: 0001970622
- company_name: USA Rare Earth, Inc.
- filed_at: 2025-11-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1970622/000197062225000081/0001970622-25-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1970622/000197062225000081/usar-20251118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001970622-25-000081
- JSON: https://secwatch.observer/filing/0001970622-25-000081.json
- Plain text: https://secwatch.observer/filing/0001970622-25-000081.txt

## Source-grounded claims
- claim_id: f64cf7fedd824a7e0d39461fc6c64be5a5af68e5
  claim: USA Rare Earth, Inc. completed an acquisition involving Indian Ocean Rare Metals Pte Ltd for $100,000,000 in cash and 6.54 million shares of the Company’s common stock (closed 2025-11-18).
  evidence_excerpt: and heavy rare earth permanent magnet metals and alloys at scale in its facility in Cheshire, U.K. Pursuant to the Acquisition Agreement, the purchase price paid by Buyer was $100,000,000 in cash and 6.54 million shares of the Company’s common stock (the “Acquisition Shares”), subject to the deposit of 1,010,782 shares of the Company’s common stock into escrow and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1970622/000197062225000081/0001970622-25-000081-index.htm

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