REalloys Announces $50 Million Public Offering

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REalloys Inc., a U.S.-based mine-to-magnet rare earth company, announced the pricing of its previously announced underwritten public offering of 2,702,702 shares of its common stock at a public offering price of $18.50 per share. The company expects to raise approximately $50 million in gross proceeds from the offering, which it plans to use for working capital and general corporate purposes.

Why it matters

The public offering will provide REalloys with additional capital to support its integrated North American mine-to-magnet supply chain, including upstream resource development, midstream processing, and downstream manufacturing. This is part of the company's efforts to scale up North American heavy rare earth separation, refining, and metallization capabilities to reduce reliance on foreign sources of critical minerals.

The details

REalloys is selling 2,702,702 shares of common stock in the public offering, with an additional 396,963 shares available through a 30-day underwriter option. The offering is expected to close on or about March 9, 2026, subject to customary closing conditions. Clear Street is acting as lead book-running manager, with Needham & Company as joint book-running manager. Laidlaw & Company (UK) Ltd. and Muriel Siebert & Co. are serving as co-managers, and Cantor is acting as capital markets advisor.

• The public offering was announced on March 6, 2026.
• The offering is expected to close on or about March 9, 2026.

What’s next

The public offering is expected to close on or about March 9, 2026, subject to the satisfaction of customary closing conditions.