Company: FEAV
Filing Date: 2025-02-18
Form Type: DEFA14A
Source: 0000950170-25-022324
Chunk: 2

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-02-18
Form: DEFA14A
Chunk 2
---
 stockholder approval of an out-of-court restructuring transaction (the “Transaction”) at a special meeting of stockholders to be held on March 4, 2025 (the “Special Meeting”) for which 5E filed a definitive proxy statement on Schedule 14A (the “Definitive Proxy Statement”) with the Securities and Exchange Commission (the “SEC”) on February 3, 2025. The Definitive Proxy Statement contains additional details regarding the Transaction and other related stockholder proposals. The Transaction is crucial to strengthening the Company's balance sheet, funding the Company's next phase of development, and normalizing the capital structure.

The Board of Directors views the Transaction as being in the best interest of the Company and stockholders as a whole and recommends that all stockholders vote in favor of the Transaction and the related proposals at the Company's upcoming Special Meeting.

Contingency Considerations

The Company expects to implement the Transaction and restructuring through an out-of-court process. If the conditions precedent to consummating the out-of-court restructuring, including approval by the Company’s stockholders, cannot be timely satisfied, the Company expects to implement the restructuring through bankruptcy in a pre-packaged Chapter 11 plan, and Mr. Hébert will not be appointed to the Company’s Board of Directors. The Company believes that completing the out-of-court restructuring will allow it to avoid possible business disruptions, preserve valuable capital, and prevent additional expenses and other uncertainties that would result from commencing the bankruptcy cases to effectuate the pre-packaged Chapter 11 plan.

Additional Information and Where to Find It

This communication may be deemed to be solicitation material in respect of the Special Meeting. In connection with the Special Meeting, the Company has filed the Definitive Proxy Statement with the SEC, and, on or about February 4, 2025, has mailed the Definitive Proxy Statement and a proxy card to each stockholder of record entitled to vote at the Special Meeting. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY ALL RELEVANT DOCUMENTS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED WITH THE SEC, INCLUDING THE COMPANY'S PROXY STATEMENT, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE TRANSACTION. Copies of the proxy statement and other relevant materials and any other documents filed by the Company with the SEC may be obtained free of charge at the SEC's website, atwww.sec.gov. In addition