USA Rare Earth, Inc. (USAR) Form 8-K — Aug 7, 2026
USA Rare Earth, Inc. completed its acquisition of Texas Mineral Resources Corp. on August 7, 2026, closing the two-step merger originally agreed on March 4, 2026, with TMRC surviving as a wholly owned USAR subsidiary. Under the exchange formula, each TMRC share converted into 0.043279843 of a USAR share — an aggregate of 3,823,328 USAR shares across 88,339,693 TMRC fully diluted shares — with cash paid in lieu of fractional shares and a small subset of shares subject to dissenters' rights.
Key figures
- Exchange ratio
- 0.043279843 USAR shares per TMRC share
- S4 file number
- 333-295838
- S4 effective date
- June 29, 2026
- Merger agreement date
- March 4, 2026
- Tmrc fully diluted shares
- 88339693
- Usar shares issued formula numerator
- 3823328
Price after filing
Close on the filing date to close N calendar days later (from $19.33). Historical, not a forecast.
AI analysis
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