Company: FEAV
Filing Date: 2025-03-18
Form Type: S-3
Source: 0001193125-25-056676
Chunk: 9

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-03-18
Form: S-3
Chunk 9
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 we entered into a Restructuring Support Agreement (the “Restructuring Support Agreement”) in connection with certain restructuring and recapitalization transactions with respect to our capital structure, including our
then-outstanding senior secured convertible promissory notes, all of which were held by the Selling Stockholders. The Restructuring Support Agreement provided for an
out-of-court restructuring or, if such out-of-court restructuring was not consummated on
a timely basis, an in-court restructuring with voluntary pre-packaged cases in a United States Bankruptcy Court.

Following approval of the transactions by our stockholders at a special meeting held on March 4, 2025, we consummated the out-of-court restructuring, which included (i) the exchange of all of the outstanding senior secured convertible promissory notes for an aggregate of 13,586,524 shares of
common stock and resulting termination of the note purchase agreement related to the notes, and the extinguishment of all indebtedness owed by us thereunder, (ii) the sale by us an aggregate of 1,408,173 shares of common stock to the Selling
Stockholders at a purchase price of $3.5507 per share, and (iii) the issuance by us to the Selling Stockholders of one-year warrants to purchase an aggregate of up to 5,632,692 shares of common stock at
an exercise price of $3.5507 per share.

Corporate Information

American Pacific Borates Limited, our former parent company (“ABR”), was incorporated in October 2016 under the laws of Western
Australia for the purpose of acquiring the rights in the Project from Atlas Precious Metals, Inc. The acquisition of Fort Cady (California) Corporation was completed in May 2017 and ABR’s ordinary shares were subsequently admitted for official
quotation on the Australian Securities Exchange (the “ASX”) in July 2017. We were incorporated in the State of Delaware on September 23, 2021 as a wholly owned subsidiary of ABR.

Pursuant to a statutory Scheme of Arrangement under Part 5.1 of the Australian Corporations Act, 2001 (Cth), we listed our common stock on The
Nasdaq Global Select Market (“Nasdaq”) and de-listed ABR from the

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ASX in March 2022. In connection with a series of out-of-court restructuring transactions consummated in January
2024, we issued shares of our common stock and CHESS