REalloys Inc. (ALOY) announced the closing of a private placement with institutional and accredited investors, raising approximately $100 million in gross proceeds. The company issued 7,017,540 shares of common stock at a purchase price of $14.25 per share.

Key Details

  • Gross Proceeds: Approximately $100 million, before deducting placement agent fees and other offering expenses.
  • Transaction Terms: Sale of 7,017,540 shares of common stock at a price of $14.25 per share.
  • Closing Date: The offering closed on June 26, 2026.
  • Use of Proceeds: The net proceeds are intended for working capital and general corporate purposes.