Ramaco Resources Inc. (NASDAQ: METC) has announced a proposed public offering of $300 million aggregate principal amount of convertible senior notes due 2031. The notes will be issued under a shelf registration statement filed with the Securities and Exchange Commission (SEC). In addition, Ramaco may grant underwriters an option to purchase up to an additional $45 million aggregate principal amount of notes to cover over-allotments, for settlement within 13 days of the initial issuance. The interest rate, initial conversion rate, and other terms of the notes will be determined at the pricing of the offering. The company intends to use a portion of the net proceeds to fund capped call transactions designed to reduce potential dilution to its Class A common stock upon conversion of the notes. Remaining proceeds will go toward development of Ramaco's rare earth elements and critical minerals project, strategic growth opportunities, and general corporate purposes. The full prospectus is available at www.sec.gov.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ramaco Resources Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-107683), on November 07, 2025, and is solely responsible for the information contained therein.
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