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Stock impact report

Lithium Americas Prices US$275 Million Underwritten Public Offering [Yahoo! Finance]

Lithium Americas Corp. Common Shares (LAC) 
Last lithium americas corp. common shares earnings: 11/12 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Corp. (TSX: LAC) (NYSE: LAC) (“ Lithium Americas ” or the “ Company ”) announced the pricing of its previously announced underwritten public offering (the “ Offering ”) of 55,000,000 of its common shares (the “ Common Shares ”) at a price to the public of $5.00 per Common Share (the “ Issue Price ”) for aggregate gross proceeds to the Company of $275,000,000. The Offering is being conducted through a syndicate of underwriters led by Evercore ISI, Goldman Sachs & Co. LLC and BMO Capital Markets (together, the “ Lead Underwriters ”), as the co-lead book-running managers, J.P. Morgan as joint book-running manager, and Canaccord Genuity, Cormark Securities Inc., Scotiabank, Stifel Canada, Eight Capital and Tuohy Brothers as co-managers (together with the Lead Underwriters, collectively, the “ Underwriters ”). The Company has granted the Underwriters an option to purchase up to 8,250,000 additional Common Shares (the “ Over-Allotment Option ”) at the Issue Price, exercisable, in whole Show less Read more
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