19 Nov 2020director interest notice● Neutral
MP Materials Corp. / DE insider Daniel Allen Gold received 20,022,266 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
19 Nov 2020director interest notice● Neutral
Richard B Myers became a MP Materials Corp. / DE company insider (initial ownership filing).
19 Nov 2020director interest notice● Neutral
MP Materials Corp. / DE insider Maryanne Lavan received a stock option grant for 3,998 shares.
19 Nov 2020director interest notice● Neutral
MP Materials Corp. / DE Chief Financial Officer Ryan Corbett acquired 350,000 shares and disposed of 69,083 in a set of related equity transactions.
19 Nov 2020director interest notice● Neutral
Sheila Bangalore became a MP Materials Corp. / DE CSO and General Counsel and company insider (initial ownership filing).
19 Nov 2020director interest notice● Neutral
MP Materials Corp. / DE insider Richard B Myers received a stock option grant for 3,998 shares.
19 Nov 2020director interest notice● Neutral
Daniel Allen Gold became a MP Materials Corp. / DE company insider (initial ownership filing).
19 Nov 2020director interest notice● Neutral
Connie K Duckworth became a MP Materials Corp. / DE company insider (initial ownership filing).
19 Nov 2020director interest notice● Neutral
James H. Litinsky became a MP Materials Corp. / DE Chairman and CEO and company insider (initial ownership filing).
19 Nov 2020director interest notice● Neutral
MP Materials Corp. / DE insider Jhl Capital Group LLC received 41,706,001 shares as part of the equity award.
19 Nov 2020director interest notice● Neutral
MP Materials Corp. / DE Chief Operating Officer Michael Stuart Rosenthal received 1,563,006 shares as part of the equity award.
19 Nov 2020director interest notice● Neutral
Ryan Corbett became a MP Materials Corp. / DE Chief Financial Officer and company insider (initial ownership filing).
19 Nov 2020director interest notice● Neutral
MP Materials Corp. / DE insider Randall J Weisenburger received a stock option grant for 3,998 shares.
19 Nov 2020director interest notice● Neutral
MP Materials Corp. / DE Chairman and CEO James H. Litinsky received 57,646,282 shares as part of the equity award.
19 Nov 2020director interest notice● Neutral
MP Materials Corp. / DE CSO and General Counsel Sheila Bangalore received 100,000 shares as part of the equity award.
19 Nov 2020director interest notice● Neutral
Michael Stuart Rosenthal became a MP Materials Corp. / DE Chief Operating Officer and company insider (initial ownership filing).
19 Nov 2020director interest notice● Neutral
MP Materials Corp. / DE insider Connie K Duckworth received a stock option grant for 3,998 shares.
19 Nov 2020director interest notice● Neutral
Randall J Weisenburger became a MP Materials Corp. / DE company insider (initial ownership filing).
18 Nov 2020listing compliance notice● NeutralMajor
MP Materials Corp. / DE's exchange filed to remove a class of its securities from listing.
17 Nov 2020business combination▲ GoodMajor
Completed the merger: Fortress Value Acquisition Corp formally became MP Materials Corp., with the combined company's stock beginning to trade on the NYSE under ticker MP.
16 Nov 2020agm notice● Neutral
MP Materials Corp. / DE shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
16 Nov 2020agm notice● Neutral
MP Materials Corp. / DE shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
6 Nov 2020business combination● Neutral
Announced the merger registration statement had been declared effective, clearing the way for the shareholder vote to close the MP Materials deal.
4 Nov 2020quarterly activities report● Neutral
MP Materials Corp. / DE reported quarterly revenue of $41.0 million and net income of $14.6 million for the period ended 2020-09-30.
27 Oct 2020securities registration● Neutral
MP Materials Corp. / DE filed the final prospectus for a registered offering.
19 Oct 2020business combination● Neutral
The amendment set 12 October 2020 as the record date and put the trust at about $345.07 million. It also disclosed that the JHL Capital Group holding entities would distribute units to James Litinsky personally, or to entities he controls, before closing, so that he would hold the resulting Class A shares directly.
1 Oct 2020business combination● Neutral
The amendment narrowed the exclusive-forum clause holders would live under, carving out any claim arising under the federal securities laws rather than only claims under the Securities Act and Exchange Act, and set out the pro forma effect of paying off MP Mine Operations' existing secured and unsecured notes and of the earnout shares owed to Secure Natural Resources' unitholders.
27 Aug 2020business combination● NeutralMajor
Fortress Value Acquisition, a blank-cheque company that had raised $345 million in May 2020, registered the shares for its combination with MP Mine Operations and Secure Natural Resources -- the owners of the Mountain Pass rare earth mine and processing plant in California, the only integrated facility of its kind in the western hemisphere, run by about 250 people. The structure runs through a pre-closing reorganisation and two pairs of consecutive mergers, leaving both companies as indirect subsidiaries.
27 Aug 2020business combination● Neutral
Amended the pending merger agreement on a technical basis: waived a pre-closing title-opinion requirement and tightened the conditions under which post-merger earnout shares would vest.
31 July 2020quarterly activities report▼ Bad
MP Materials Corp. / DE reported quarterly revenue of $30.4 million and a net loss of $62.5 million for the period ended 2020-06-30.