Largo Announces Closing of US$23.4 Registered Direct Offering and Private Placement
Largo Inc. - Common Shares (LGO)
Company Research
Source: Business Wire
TORONTO--(BUSINESS WIRE)--Largo Inc. (“Largo” or the “Company”) (TSX: LGO) (NASDAQ: LGO) announces the closing of its previously announced registered direct offering for the purchase and sale of 14,262,309 common shares of the Company (“Common Shares”) at a purchase price of US$1.22 per Common Share for aggregate gross proceeds of US$17.4 million. In a concurrent private placement (together with the registered direct offering, the “Offering”), the Company issued unregistered warrants to purchase up to 14,262,309 Common Shares (“Warrants”) with an exercise price of US$1.22 per Warrant that are immediately exercisable upon issuance and will expire five years from issuance.In a concurrent private placement, Arias Resource Capital Fund III L.P. (“ARC Fund III”), an affiliate of the Company’s largest shareholder, provided the Company with financing of US$6 million and acquired 4,918,033 Common Shares and 4,918,033 Warrants (the “ARC Commitment”). Such offering was on the same terms as
Show less
Read more
Impact Snapshot
Event Time:
LGO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LGO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LGO alerts
High impacting Largo Inc. - Common Shares news events
Weekly update
A roundup of the hottest topics
LGO
News
- Vanadium Miners News For The Month Of November 2025 [Seeking Alpha]Seeking Alpha
- Largo Announces Leadership Transition: J. Alberto Arias and Daniel Tellechea to Become Co-CEOs and Diogo Silva Promoted to Become CFO [Yahoo! Finance]Yahoo! Finance
- Largo Announces Leadership Transition: J. Alberto Arias and Daniel Tellechea to Become Co-CEOs and Diogo Silva Promoted to Become CFOBusiness Wire
- Largo (NYSE:LGO) had its price target lowered by analysts at HC Wainwright from $3.70 to $2.90. They now have a "buy" rating on the stock.MarketBeat
- Largo Reports Third Quarter 2025 Financial ResultsBusiness Wire
LGO
Sec Filings
- 12/3/25 - Form 424B3
- 11/13/25 - Form 6-K
- 11/12/25 - Form F-3
- LGO's page on the SEC website