5E Advanced Materials Inc. announced that it has amended warrants previously issued to BEP Special Situations IV LLC, Meridian Investments Corporation, and Ascend Global Investment Fund SPC, allowing for cashless exercise after at least 10% of the warrant shares had been exercised for cash. Following the amendment, all warrant holders exercised their warrants in full, resulting in aggregate gross proceeds of approximately $2.0 million for the company and the issuance of a total of 1,067,296 shares of common stock. As of December 8, 2025, the company had 23,511,883 shares of common stock issued and outstanding.
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