Rare Earths Americas, Inc.
Filed Apr 13, 2026.
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A company's registration of shares for sale to the public, often for a first offering. It describes the business, its risks and how the company plans to use the money.
period unavailable · Filed Apr 13, 2026
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S-11 rea-20260413.htm S-1
As filed with the Securities and Exchange Commission on April 13, 2026.
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
(Exact name of registrant as specified in its charter)
| Texas | 1000 | 39-4918133 |
|---|---|---|
| (State or other jurisdiction of incorporation or organization) | (Primary Standard Industrial Classification Code Number) | (I.R.S. Employer Identification Number) |
101 W. Main Street
Manchester, GA 31816
(706) 846-5063
(Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)
Donald Swartz
Chief Executive Officer and President
101 W. Main Street
Manchester, GA 31816
(706) 846-5063
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
| Era AnagnostiAndrew LedbetterDLA Piper LLP (US)500 Eighth Street, NWWashington, D.C. 20004(202) 799-4000 | James GuttmanDorsey & Whitney LLPTD Bank Tower66 Wellington Street W, Suite 3400Toronto, ON M5K 1E6(416) 367-7370 |
|---|
Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this Registration Statement.
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. ☐
If this form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
If this form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
If this form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☐ | Smaller reporting company | ☒ |
| Emerging growth company | ☒ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
The Registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.
The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted.
| PRELIMINARY PROSPECTUS | SUBJECT TO COMPLETION, DATED , 2026 |
|---|
Shares
This is the initial public offering of shares of common stock of Rare Earths Americas, Inc. All of the shares of common stock are being sold by us.
Prior to this offering, there has been no public market for our common stock. It is currently estimated that the initial public offering price per share will be between $ and $ . We intend to apply to list our common stock on the NYSE American LLC (“NYSE American”) under the trading symbol “REA”.
We are an “emerging growth company” and a “smaller reporting company” as defined under the federal securities laws and, as such, have elected to comply with certain reduced public company reporting requirements for this prospectus and may elect to do so in future filings.
Investing in our common stock involves a high degree of risk. See the section titled “Risk Factors” beginning on page 11 to read about factors you should consider before buying shares of our common stock.
| Per share | Total | ||
| Initial public offering price | $ | $ | |
|---|---|---|---|
| Underwriting discounts(1) | $ | $ | |
| Proceeds to us before expenses(2) | $ | $ |
(1)
We have agreed to pay the underwriters underwriting discounts and commissions equal to 7.0% of the aggregate gross proceeds in this offering from the sale of securities to certain investors, and (ii) 3.5% of the aggregate gross proceeds in this offering from the sale of securities to existing shareholders of the Company and of certain affiliates of the Company in accordance with the terms of the Underwriting Agreement.
(2)
The proceeds to us before expenses presented in this table do not give effect to any exercise by the underwriters of the option we have granted to the underwriters to purchase additional shares of our common stock from us as described below and do not include the reimbursement of certain expenses of the underwriters. See the section titled “Underwriting” beginning on page 148 for additional information regarding compensation payable to the underwriters.
To the extent that the underwriters sell more than shares of common stock, the underwriters have the option to purchase up to an additional shares of common stock from us at the initial public offering price less the underwriting discount.
The underwriters expect to deliver the shares against payment in New York, New York on , 2026.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.
Cantor Stifel
B. Riley Securities Canaccord Genuity
Prospectus dated , 2026
TABLE OF CONTENTS
| Page | |
|---|---|
| Prospectus Summary | 1 |
| The Offering | 6 |
| Summary Financial Data | 8 |
| Glossary of Mining and other Terms | 9 |
| Risk Factors | 11 |
| Special Note Regarding Forward-Looking Statements | 42 |
| Market and Industry Data | 44 |
| Use of Proceeds | 46 |
| Dividend Policy | 47 |
| Capitalization | 48 |
| Dilution | 50 |
| Management’s Discussion and Analysis of Financial Condition and Results of Operations | 52 |
| Business | 64 |
| Properties | 95 |
| Management | 127 |
| Executive Compensation | 134 |
| Certain Relationships and Related Party Transactions | 144 |
| Principal Stockholders | 146 |
| Description of Capital Stock | 148 |
| Shares Eligible for Future Sale | 153 |
| Material U.S. Federal Income Tax Consequences to Non-U.S. Holders | 155 |
| Underwriting | 159 |
| Legal Matters | 170 |
| Experts | 170 |
| Where You Can Find Additional Information | 170 |
| Index to Financial Statements | F-1 |
“REA,” “Rare Earths Americas,” the “Rare Earths Americas” logo, and other trademarks, trade names, or service marks of Rare Earths Americas, Inc. appearing in this prospectus are the property of Rare Earths Americas, Inc. All other trademarks, trade names, and service marks appearing in this prospectus are the property of their respective owners. Solely for convenience, the trademarks and trade names in this prospectus may be referred to without the® and ™ symbols, but such references should not be construed as any indicator that their respective owners will not assert their rights thereto.
Neither we nor the underwriters have authorized anyone to provide you with any information or to make any representations other than those contained in this prospectus or in any free writing prospectuses prepared by or on behalf of us or to which we have referred you. We and the underwriters take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. This prospectus is an offer to sell only the shares offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. The information contained in this prospectus or in any applicable free writing prospectus is current only as of its date, regardless of its time of delivery or any sale of shares of our common stock. Our business, financial condition, and results of operations may have changed since that date.
For investors outside the United States: Neither we nor the underwriters have done anything that would permit this offering or possession or distribution of this prospectus or any free writing prospectus we may provide to you in connection with this offering in any jurisdiction where action for that purpose is required, other than in the United States. You are required to inform yourselves about and to observe any restrictions relating to this offering and the distribution of this prospectus and any such free writing prospectus outside the United States.
i
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.