Piedmont Lithium and Sayona Mining to Merge [Yahoo! Finance]
Piedmont Lithium Inc. (PLL)
Company Research
Source: Yahoo! Finance
The all-stock merger will result in a 50/50 ownership split on a fully diluted basis, with Sayona as the ultimate parent entity. The combined company will have a simplified corporate structure, optimized logistics and procurement, and a strengthened balance sheet. The merger is subject to shareholder approval and is expected to close in the first half of 2025. The companies also plan to raise equity capital aggregating to approximately US$99 million in a series of transactions. Creates a leading North American lithium producer and developer Piedmont and Sayona to combine in all-stock merger with ownership split of approximately 50% / 50% on a fully diluted basis immediately post-merger and prior to the conditional equity raising Creating a leading North American hard rock lithium producer with geographically advantaged spodumene resources of global scale Simplified corporate structure aligns North American Lithium ("NAL") offtake economics, and removes contractual complexities
Show less
Read more
Impact Snapshot
Event Time:
PLL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PLL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PLL alerts
High impacting Piedmont Lithium Inc. news events
Weekly update
A roundup of the hottest topics
PLL
News
- Lithium Corporation Congratulates Board Member James Brown on Role in Major Merger in the Lithium Mining Industry [Yahoo! Finance]Yahoo! Finance
- Why Piedmont Lithium Stock Popped Today [Yahoo! Finance]Yahoo! Finance
- Piedmont Lithium Inc. (NASDAQ: PLL) was upgraded by analysts at Macquarie from an "underperform" rating to a "neutral" rating. They now have a $13.50 price target on the stock.MarketBeat
- Piedmont Lithium Inc. (NASDAQ: PLL) was downgraded by analysts at Roth Capital from a "strong-buy" rating to a "hold" rating.MarketBeat
- Piedmont Lithium Inc. (NASDAQ: PLL) was downgraded by analysts at Roth Mkm from a "buy" rating to a "neutral" rating. They now have a $13.00 price target on the stock, down previously from $32.00.MarketBeat
PLL
Earnings
- 11/12/24 - Beat
PLL
Sec Filings
- 11/20/24 - Form 425
- 11/20/24 - Form 8-K
- 11/19/24 - Form 8-K/A
- PLL's page on the SEC website