5E Advanced Materials Reminds Stockholders to Vote in the
From GlobeNewswire:
5E Advanced Materials, Inc. is reminding its stockholders of the upcoming special meeting to be held on January 12, 2024. If you are a holder of record, you can vote by Internet, telephone, or by signing, dating, and mailing a proxy card. Votes from holders of CDIs must be received by Computershare Australia by January 9, 2024. The Company expects to implement a restructuring transaction through an out-of-court restructuring, but may resort to bankruptcy in a pre-packaged Chapter 11 plan if conditions are not met. The Transaction is not an offer to sell or solicit securities. The SEC has filed a definitive proxy statement, and participants in the proxy solicitation can obtain relevant documents online. 5E Advanced Materials, Inc. is focused on becoming a global leader and supplier of boron specialty and advanced materials, complemented by lithium co-product production, targeting industries addressing global decarbonization, food, and domestic security. The company’s large domestic boron and lithium resource is located in Southern California and designated as Critical Infrastructure by the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency. The press release includes “forward-looking statements” and emphasizes the need for substantial additional financing to execute the business plan and access capital and financial markets.
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