Realoys prices 2.7mm shares at $18.50/share

Realoys prices 2.7mm shares at $18.50/share

REalloys Inc. (NASDAQ: ALOY) announced on March 6, 2026, the pricing of an upsized underwritten public offering of 2,702,702 shares of common stock at $18.50 per share, with an additional 396,963 shares available under a 30-day option for underwriters. The transaction, expected to close on or about March 9, 2026, is projected to generate gross proceeds of approximately $50 million before underwriting discounts and expenses. Proceeds will be allocated to working capital and general corporate purposes.

The offering utilizes a shelf registration statement (File No. 333-284626) filed with the SEC. Clear Street served as lead book-running manager, with Needham & Company, Laidlaw & Company, and Muriel Siebert & Co. participating as co-managers.

As of March 3, 2026, ALOY traded at $17.10 per share, with a market capitalization of $80.65M and a price-to-earnings ratio of -15.66. The stock's 52-week range spans $2.48 to $19.75. The recent offering price of $18.50 represents a premium to the stock's recent trading range, though the shares have historically exhibited significant volatility.

REalloys operates as a vertically integrated rare earth company, focusing on mine-to-magnet supply chain development in North America. The company's operations include rare earth processing, alloying, and magnet production for defense, clean energy, and industrial applications.

Forward-looking statements in the press release include anticipated use of proceeds and closing conditions, subject to market and regulatory factors. Investors are advised to review the company's SEC filings for additional risk disclosures.