** Shares of USA Rare Earth USAR.O fall 4% to $12.35 premarket
** Rare earth magnets supplier secures $75 million of equity capital via a private investment in public equity $(PIPE)$
** Proceeds will be used to fund its magnet manufacturing facility in Stillwater, Oklahoma, among other purposes
** Cantor Fitzgerald was the lead placement agent for the private placement
** Stillwater, Oklahoma-based USA Rare Earth went public last month after completing its SPAC deal with Inflection Point Acquisition Corp II
** USAR has ~82 million outstanding shares for $1.05 billion market cap - data compiled by LSEG
** Stock rallied earlier this month after U.S. President Donald Trump ordered tariff probe on critical minerals imports
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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