Lithium Americas down 19%, prices $275M equity offering

seekingalpha04-18

Lithium Americas (NYSE:LAC) priced a public offering of 55M shares at a price to the public of $5.00 per share for aggregate gross proceeds of $275M. Underwriters have an option to purchase up to 8.25...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2428328825?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-18 14:26","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2428328825","market":"sg","top_or_hot":-1,"title":"Lithium Americas down 19%, prices $275M equity offering","media":"seekingalpha","content":"<div>\n<p>Lithium Americas (NYSE:LAC) priced a public offering of 55M shares at a price to the public of $5.00 per share for aggregate gross proceeds of $275M. Underwriters have an option to purchase up to 8.25...</p>\n\n<a href=\"https://seekingalpha.com/news/4090771-lithium-americas-down-19-prices-275m-equity-offering\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lithium Americas down 19%, prices $275M equity offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLithium Americas down 19%, prices $275M equity offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-18 14:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4090771-lithium-americas-down-19-prices-275m-equity-offering><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lithium Americas (NYSE:LAC) priced a public offering of 55M shares at a price to the public of $5.00 per share for aggregate gross proceeds of $275M. Underwriters have an option to purchase up to 8.25...</p>\n\n<a href=\"https://seekingalpha.com/news/4090771-lithium-americas-down-19-prices-275m-equity-offering\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7504","symbol_name":"锂钴概念","start_time":0,"source_url":"https://seekingalpha.com/news/4090771-lithium-americas-down-19-prices-275m-equity-offering","article_id":"2428328825","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428328825","pubTimestamp":1713421615,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Lithium Americas  priced a public offering of 55M shares at a price to the public of $5.00 per share for aggregate gross proceeds of $275M. Underwriters have an option to purchase up to 8.25M additional shares. Net proceeds will be used for advancing the construction and development of its Thacker Pass lithium project in Humboldt County, Nevada.  Closing is expected to occur on April 22, 2024. The stock price slumped 19% on Thursday during pre-market hours of trading.   More on Lithium Americas  Lithium Americas: With DoE Financing Imminent, Large Value Is Unlocked Lithium Americas: Load Up On Lithium Weakness Massif Capital - Lithium Americas: Why We Still Own LAC And LAAC Lithium Americas cut at Scotiabank on Thacker Pass funding gap","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7504":"锂钴概念","BK4168":"多种金属与采矿","PLS.AU":"PILBARA MINERALS LTD","LAC":"Lithium Americas Corp.","BK4545":"锂电池","BK7507":"资源股","BK7095":"多种金属与采矿","BK4585":"ETF&股票定投概念"},"translate_title":"Lithium Americas股价下跌19%，发行2.75亿美元股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LAC":1,"PLS.AU":1},"content_text":"Lithium Americas (NYSE:LAC) priced a public offering of 55M shares at a price to the public of $5.00 per share for aggregate gross proceeds of $275M. Underwriters have an option to purchase up to 8.25M additional shares. Net proceeds will be used for advancing the construction and development of its Thacker Pass lithium project in Humboldt County, Nevada.  Closing is expected to occur on April 22, 2024. The stock price slumped 19% on Thursday during pre-market hours of trading.   More on Lithium Americas  Lithium Americas: With DoE Financing Imminent, Large Value Is Unlocked Lithium Americas: Load Up On Lithium Weakness Massif Capital - Lithium Americas: Why We Still Own LAC And LAAC Lithium Americas cut at Scotiabank on Thacker Pass funding gap","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428328825"}