Mp materials announces pricing of upsized $650 million public offering

Las vegas--(business wire)---- $mp #rareearth--mp materials corp. (nyse: mp) (“mp materials” or the “company”) announced today the pricing of an upsized underwritten public offering of common stock. the company is selling 11,818,181 shares of common stock in the offering at a public offering price of $55.00 per share. the aggregate gross proceeds to the company from the offering are expected to be approximately $650 million, before deducting underwriting discounts and commissions and other offering expenses. all.
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