Piedmont Lithium Inc. has announced its delisting from the Nasdaq and the Australian Securities Exchange following the successful completion of its merger with Sayona Mining Limited. The delisting is part of the transition to form a new combined company named Elevra Lithium. As a result of the merger, Piedmont common stockholders will receive American Depositary Shares, while CDI holders will receive Sayona ordinary shares. The merger was completed on August 29, 2025, marking a significant milestone as the newly formed Elevra positions itself as a leading supplier of lithium resources for the electric vehicle and stationary storage supply chains.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Piedmont Lithium Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-033733), on September 03, 2025, and is solely responsible for the information contained therein.