Company: FEAV
Filing Date: 2025-01-15
Form Type: SCHEDULE 13D/A
Source: 0000950170-25-005900
Chunk: 0

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-01-15
Form: SCHEDULE 13D/A
Chunk 0
---
                                                                                                                                                                                                                                                                                                                                                                                                                        | Item 3 is hereby amended and supplemented as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
 The information set forth in Item 4 of this Amendment No. 5 is hereby incorporated by reference into this Item 3.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Item 4.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | Purpose of Transaction                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | Item 4 is hereby amended and supplemented as follows:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
 On January 14, 2025, BEP Special Situations IV LLC ("BEP SS IV") purchased $2,500,000 in aggregate principal amount of additional senior secured convertible notes (the "Additional Convertible Notes") pursuant to that certain Amendment No. 4 to the Amended and Restated Note Purchase Agreement, dated January 14, 2025 (the "NPA Fourth Amendment"), by and among the Issuer, Ascend Global Investment Fund SPC for and on behalf of Strategic SP ("Ascend"), BEP SS IV and the other parties thereto. The terms of the Additional Convertible Notes are substantially similar to the Convertible Notes (together with the Additional Convertible Notes, the "Notes"). All or any portion of the Notes may be converted at BEP SS IV's election at any time prior to the close of business on the business day immediately preceding August 15, 2028. The 12,161,865 and 40,947,329 shares of Common Stock reported as underlying the Additional Convertible Notes and the Convertible Notes, respectively, reflect the maximum number of shares of Common Stock BEP SS IV would receive assuming the Issuer pays all accrued interest in kind until maturity. 
 In addition, on January 14, 2025, in connection with certain restructuring and recapitalization transactions with respect to the Issuer's capital structure (collectively, the "Transaction"), the Issuer entered into a Restructuring Support Agreement (the "Restructuring Support Agreement"), with BEP SS IV and Ascend. Pursuant to the terms of the Restructuring Support Agreement, the parties to the Restructuring Support Agreement agreed to implement the Transaction either as: (i) an out of court restructuring transaction (the "Out of Court Restructuring"); or (ii) to the extent that the terms of or the conditions precedent to the Out of Court Restructuring