White & Case advises USA Rare Earth, Inc. on US$125 million common stock PIPE

Global law firm White & Case LLP has advised USA Rare Earth, Inc. (USAR) on its private placement of 8,333,333 shares of the company's common stock, for aggregate gross proceeds of US$125 million.

USAR is developing a rare earth sintered neo magnet manufacturing plant in Stillwater, Oklahoma, and intends to establish domestic rare earth and critical minerals supply, extraction and processing capabilities to both supply its magnet manufacturing plant and market surplus materials to third parties.

White & Case has previously advised USAR on, among other matters, USAR's initial go-public transaction and its previous US$75 million PIPE transaction.

The White & Case Capital Markets team was led by partners Joel Rubinstein and Drew Valentine (both in New York), and included associates Russell Deutsch (New York) and Allan Lemos (Miami).

Press contact
For more information please speak to your local media contact.