USA Rare Earth, Inc. announced that its stockholders have approved the issuance of approximately 126.8 million shares of common stock to facilitate the previously disclosed merger with SVRE Holdings Ltd. The proposal was approved at a special meeting of stockholders held on August 28, 2026.
Key Details
- Share Issuance: Stockholders approved the issuance of 126,849,307 shares of common stock as part of the merger agreement dated April 19, 2026.
- Merger Transaction: The share issuance is a key step towards completing the merger with SVRE Holdings Ltd. and Serra Verde Rare Earths Ltd.
- Voting Results: The Share Issuance Proposal was approved with 108,248,297 votes for, 1,403,269 against, and 16,879,393 abstentions.