ENERGY FUELS INC 8-K
Deal completed
Australian Strategic Materials acquisition closes, with holders receiving Energy Fuels equity and cash.
Filed 2026-08-28 16:56 ET
- 2.01 Completion of Acquisition or Disposition
- 3.02 Unregistered Sales of Equity
- 9.01 Financial Statements and Exhibits
Summary
Completion of ASM acquisition. Energy Fuels’ wholly owned subsidiary acquired all ordinary shares of Australian Strategic Materials on 8/28/2026, with holders receiving a mix of Energy Fuels equity and cash.
Key Figures
- ASM holders received 0.053 Energy Fuels CHESS Depositary Interests per share by default, or 0.053 common shares by election, plus A$0.13 cash per share; total consideration was ≈US$243.4M.
- Equity consideration totaled US$217.2M, based on Energy Fuels’ 8/28/2026 closing share price; cash consideration totaled ≈US$26.2M.
- Energy Fuels issued 14,808,572 common shares as consideration. ASM option holders received A$0.50 per option under a concurrent arrangement.
The summary is written by an AI model reading the filing.
Model 005 · prompt 01d34d48e3