Shearman And Sterling

News August 26, 2022

5E Advanced Materials’ $60 Million PIPE Transaction

Shearman & Sterling represented BofA Securities as sole placement agent in connection with the private placement offering by 5E Advanced Materials of $60 million aggregate principal amount of its 4.50% secured convertible notes to BEP Special Situations IV.

5E Advanced Materials is an exploration stage company focused on becoming a vertically integrated global leader and supplier of boron specialty and advanced materials.

The Shearman & Sterling team below was supported by associates Alessandro Storchi (New York-Derivatives) and Jordan Briggs (New York-Financial Institutions Advisory & Financial Regulatory).

The Team