Hycroft Mining Holding Corporation announced on July 14, 2025, the exercise and closing of the underwriters' over-allotment option. This resulted in the purchase of an additional 1,324,117 shares of Class A Common Stock at $3.49 per share and 937,500 warrants at $0.02 per warrant.
The exercise of the common stock option closed on July 11, 2025, while the warrants closed on June 13, 2025, alongside the base offering. After giving effect to this exercise, the total number of Class A Common Stock sold in the public offering increased to 13,824,117 shares, and warrants issued increased to 7,187,500.
The gross proceeds received by the company from the entire offering, including the over-allotment, increased to approximately $48.4 million. This additional capital strengthens Hycroft's balance sheet and enables the acceleration of exploration and development activities at the Hycroft Mine.
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