Company: FEAV
Filing Date: 2025-02-03
Form Type: DEF 14A
Source: 0000950170-25-012391
Chunk: 163

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-02-03
Form: DEF 14A
Chunk 163
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 consummation of the Out-of-Court Restructuring are not satisfied or waived by the Company Parties and the Consenting Parties on or prior to the Out-of-Court Outside Date (such date as may be amended or otherwise modified in accordance with the terms of this Agreement), then the Company Parties shall implement the In-Court Restructuring;

WHEREAS, prior to the consummation of the Out-of-Court Restructuring, unless the Company Parties and the Consenting Parties otherwise agree, the Company will hold the Special Meeting of the Company’s stockholders to approve the Out-of-Court Restructuring and the transactions contemplated thereby, including the Placement and the issuance of Company common stock upon conversion of the amended Notes and the Equity Plan Amendment (the “Stockholder Approvals”); and

WHEREAS, the Company Parties intend to implement the Restructuring Transactions through the Out-of-Court Restructuring;providedthat the Stockholder Approvals shall be obtained and other conditions to consummation of the Out‑of‑Court Restructuring are satisfied or waived;provided, further, that, if the Company Parties do not obtain the Stockholder Approvals, the Company Parties intend to implement the Restructuring Transactions through the In-Court Restructuring;

WHEREAS, the “Transaction Documents” consist of:

the Restructuring Term Sheet;

the subscription agreement setting forth the commitments and obligations of the parties thereto, in connection with the Placement, attached hereto as Exhibit C (the

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“ Subscription Agreement ”);

the proxy statement to solicit the Stockholder Approvals (the “ Proxy Statement ”);

the form joint prepackaged plan of reorganization under chapter 11 of the Bankruptcy Code to implement the In-Court Restructuring (if applicable), attached hereto as Exhibit D (the “ Plan ”); provided , that the Plan shall only constitute a Transaction Document if the Stockholder Approval fails;

the term sheet setting forth the terms of a potential $10 million debtor in possession financing facility (the “ DIP Facility ”), subject to any potential increase in the size of the DIP Facility in accordance with the Restructuring Term Sheet, and illustrative cash budget, attached hereto as Exhibit E (as may be amended, supplemented or otherwise modified from time to time in accordance with the terms hereof, the “ DIP Term Sheet ”); provided , that the DIP Term Sheet shall only constitute a Transaction Document if the Stockholder Approval fails;

the fourth