REalloys prices $50 million public offering at $18.50 per share

REalloys Inc. (NASDAQ: ALOY) announced the pricing of its underwritten public offering of 2,702,702 shares of common stock at $18.50 per share. The rare earth company has also granted underwriters a 30-day option to purchase up to an additional 396,963 shares.

The offering is expected to close on or about March 9, 2026, subject to customary closing conditions. Gross proceeds to the company are expected to be approximately $50 million before deducting underwriting discounts and other offering expenses, excluding any exercise of the underwriters' option.

REalloys stated it expects to use the net proceeds for working capital and general corporate purposes.

Clear Street is serving as lead book-running manager for the offering, while Needham & Company is acting 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 securities are being offered pursuant to a shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission and declared effective on February 10, 2025. A preliminary prospectus supplement relating to the offering was filed on March 5, 2026.

REalloys describes itself as a North American mine-to-magnet rare earth company with operations that include the Hoidas Lake rare-earth asset in Saskatchewan and manufacturing operations in Euclid, Ohio. The company produces rare earth metals, alloys and magnet components for defense, clean-energy, and industrial applications.

You May Also Be Interested In

• Osprey Acquisition Corp. III raises $300M in Nasdaq IPO
• Elicio Therapeutics prices $15M registered direct offering
• Bending Spoons closes IPO, raises ~$954M on Nasdaq