Neo Performance Materials Inc NOPMF

Primary Symbol: T.NEO

Chemicals Specialty Chemicals

Neo Performance Materials Inc. is a Canada-based company, which is engaged in the green energy transition by manufacturing the building blocks of many technologies that enhance sustainability. The Company's segments include Magnequench, Chemicals and Oxides (C&O), Rare Metals and Corporate. The Magnequench segment manufactures bonded neodymium-iron-boron (NdFeB or neo) powders and bonded permanent magnets. This segment produces bonded magnets (Magnequench Magnets) made from its various Magnequench powder grades. The C&O segment manufactures and distributes a range of advanced industrial materials. Applications from these products include automotive catalysts, permanent magnetics, medical devices, and wastewater treatment. The Rare Metals segment sources, reclaims, produces, refines, and markets specialty metals and their compounds. These products include both high-temperature metals (tantalum, niobium, hafnium and rhenium) and electronic metals (gallium and indium).

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Neo Performance Materials Inc > $87.5 Million Bought Deal Treasury and Secondary Offering

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Comment by Possibleidiot01on Oct 26, 2021 6:49am

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Post# 34048408

RE:RE:$87.5 Million Bought Deal Treasury and Secondary Offering

Thanks for highlighting the use of the "Treasury Offering" proceeds . I missed that on first reading . Oaktree holdings down to 26% after the two deals ( Treasury and Secondary) which were done at a slightly lower price than the previous secondary offering at $19.75.
Next offering will be in March/ April if history is any indication.

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