NioCorp prices 7.69M shares at $2.60 in underwritten public offering

NioCorp (NB) Developments announced the pricing of its previously announced underwritten public offering in the United States. The Offering consists of 7,692,308 common shares at a public offering price of $2.60, for gross proceeds of $20M before deducting underwriting discounts and offering expenses. In addition, the Company granted the underwriter a 30-day over-allotment option to purchase up to an additional 15 percent of the number of initial common shares in the Offering. Maxim Group is acting as sole book-running manager and underwriter for the Offering. The Offering is expected to close on or about April 21, 2025 subject to the satisfaction of customary closing conditions.