IPX.ASX: IperionX Offering of American Depositary Shares

IperionX Offering of American Depositary Shares

Stock	Iperionx Ltd (IPX.ASX)
Release Time	8 Jul 2026, 9:57 a.m.
Price Sensitive	Yes

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IperionX Announces Pricing of Public Offering of ADSs

Key Points

IperionX announced pricing for 2,275,000 ADSs at $21.98 each
Gross proceeds expected to be approximately $50 million
Proceeds to fund production technologies and general corporate purposes
Offering led by U.S. institutional investors
Expected to close on July 9, 2026

Full Summary

IperionX Limited announced the pricing of an underwritten public offering of 2,275,000 American Depositary Shares (ADSs), each representing 10 ordinary shares, at $21.98 per ADS. The offering, led by U.S. institutional investors, is expected to close on July 9, 2026, and is anticipated to generate approximately $50 million in gross proceeds before deductions. These funds will support the commercialization and scale-up of titanium and metal alloy production technologies, including the expansion of the Titanium Manufacturing Campus in Virginia and the Camden-Titan Project in Tennessee, as well as general corporate purposes. Cantor is the sole book-running manager for the offering, with Roth Capital Partners and B. Riley Securities acting as co-managers.

Guidance

IperionX expects to raise approximately $50 million from the offering

Outlook

IperionX plans to use the proceeds to scale up titanium and metal alloy production technologies.