FEAM - 5E Advanced Materials to Hold Stockholder Call December 19 2023 | Benzinga
HESPERIA, Calif., Dec. 12, 2023 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (NASDAQ:FEAM) (ASX: 5EA) ("5E" or the "Company"), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced that it will hold a conference call for shareholders and analysts on Tuesday, December 19, 2023 at 5:00pm EST (9:00am Sydney) to discuss recent company developments, operational updates and the Company's recently announced restructuring support agreement and financing package (the "Transaction"). The call will be delivered by Susan Brennan, Chief Executive Officer and Paul Wiebel, Chief Financial Officer of 5E Advanced Materials, Inc.
Investors, analysts and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call, available at https://www.webcast-eqs.com/FEAM20231214. For those participants wishing to dial into the call, a participant dial-in is also available at: Dial-In: 877-407-0989 / +1 201-389-0921. A replay of the webcast will be available on the Company's Investor Relations section of its website.
Contingency Considerations
The Company expects to implement the Transaction and restructuring through an out-of-court restructuring. If the conditions precedent to the out-of-court restructuring cannot be timely satisfied, including approval by the Company's stockholders of certain proposals, the Company expects to implement the restructuring through bankruptcy in a pre-packaged Chapter 11 plan. The Company believes that completing the out-of-court restructuring will allow it to avoid possible disruptions of the business, preserve valuable capital and avoid additional expenses, and other uncertainties that would result from commencing the bankruptcy cases to effectuate the pre-packaged Chapter 11 plan.
No Offer or Solicitation
This document is for information purposes only, and is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of a proxy, consent, or authorization in any jurisdiction or any vote or approval in any jurisdiction pursuant to the Transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offering of securities shall be made except by means of a prospectus in accordance with the requirements of Section 10 of the Securities Act of 1933, as amended or an exemption therefrom.
Additional Information and Where to Find It
This communication may be deemed to be solicitation material in respect of the Transactions and certain stockholder approvals required thereby. In connection with the Transaction, the Company has filed a preliminary proxy statement on Schedule 14A with the Securities and Exchange Commission (the "SEC") and intends to file other relevant materials with the SEC, including a proxy statement in definitive form. Following the filing of the definitive proxy statement with the SEC, the Company will mail the definitive proxy ...