REalloys Announces Closing of Upsized $50 Million Public Offering

BOCA RATON, Fla., March 09, 2026 (GLOBE NEWSWIRE) -- REalloys Inc. (NASDAQ: ALOY) (the “Company” or “REalloys”), a U.S.-based mine-to-magnet rare earth company, today announced the closing of its previously announced underwritten public offering of 2,702,702 shares of its common stock at a public offering price of $18.50 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 396,963 shares of common stock.

Clear Street acted as lead book-running manager for the offering.

Needham & Company acted as joint book-running manager for the offering.

Laidlaw & Company (UK) Ltd. and Muriel Siebert & Co., LLC acted as co-managers for the offering. 

Cantor acted as capital markets advisor to the Company in connection with the offering.

The gross proceeds from the offering to the Company were approximately $50 million, before deducting underwriting discounts and other offering expenses and excluding any exercise of the underwriters’ option to purchase additional shares. The Company intends to use the net proceeds of the offering for working capital and general corporate purposes.
The securities described above were offered by the Company pursuant to a shelf registration statement on Form S-3 (File No. 333-284626) previously filed with the Securities and Exchange Commission (“SEC”) and declared effective by the SEC on February 10, 2025.  The offering was made only by means of a prospectus, including a prospectus supplement, forming a part of the effective shelf registration statement.  A preliminary prospectus supplement relating to and describing the terms of the offering was filed on March 5, 2026. A final prospectus supplement and accompanying prospectus relating to the securities being offered was filed on March 6, 2026.  Copies of the preliminary prospectus supplement and accompanying prospectus may be obtained for free by visiting EDGAR on the SEC’s website at . Alternatively, you may contact Clear Street, Attn: Syndicate Department, 150 Greenwich Street, 45th floor, New York, NY 10007, by email at , or Needham & Company, 250 Park Avenue, 10th Floor, New York, NY 10177, Attn: Prospectus Department, or by telephone at (800) 903-3268.

This press release shall not constitute an offer to sell or the solicitation of any offer to buy the securities discussed herein, nor shall there be any offer, solicitation, or sale of the securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About REalloys:

REalloys Inc. is advancing a fully integrated North American mine-to-magnet supply chain encompassing upstream resource development, midstream processing, and downstream manufacturing. REalloys' upstream foundation includes its Hoidas Lake rare-earth asset in Saskatchewan and a diversified network of allied feedstock and recycling partners. Together with the Saskatchewan Research Council, REalloys is building a platform to scale North American heavy rare earth midstream separation, refining, and metallization capabilities—creating a coordinated system that processes and converts heavy rare-earth materials from allied and domestic sources into high-purity products. Those refined materials feed directly into REalloys’ downstream manufacturing operations in Euclid, Ohio, where the company produces advanced heavy rare earth metals, alloys and magnet components for defense, clean-energy, and high-performance industrial applications. REalloys’ Ohio facility serves federal logistics and procurement agencies supporting the Department of Defense, the Department of Energy, and National Aeronautics and Space Administration, in addition to the broader Defense Industrial Base and Organic Industrial Base.

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Contacts

REalloys Inc.
Angela Gorman
Communications, REalloys