Standard Lithium Announces Proposed Public Offering of Common Shares

Executive Summary

• Standard Lithium announced an underwritten public offering of up to $120 million of common shares.
• The company granted underwriters a 30‑day option to purchase up to an additional 15% of the shares sold at the public offering price.
• Net proceeds are earmarked for capital expenditures at the South West Arkansas Project and the Franklin Project in East Texas, as well as working capital and general corporate purposes.

Key Details

• Offering Size: Up to $120 million of common shares.
• Underwriters: Morgan Stanley and Evercore ISI (co‑lead book‑running managers); syndicate includes BMO Capital Markets (book‑running manager).
• Option Grant: Underwriters may purchase up to an additional 15% of the sold shares within 30 days at the public offering price.
• Use of Proceeds:
• Fund capital expenditures for the South West Arkansas Project (Arkansas) and the Franklin Project (East Texas).
• Provide working capital and support general corporate purposes.
• Regulatory Filings:
• Preliminary prospectus supplement filed with Canadian securities commissions (all provinces/territories except Quebec) and U.S. SEC (Form F‑10).
• Prospectus supplements are part of an effective registration statement under the U.S./Canada Multijurisdictional Disclosure System.
• Availability of Documents: Final prospectus supplements will be posted on SEDAR+ and the SEC website; can also be requested from Morgan Stanley Canada, BMO Nesbitt Burns, or Evercore Group contacts listed in the release.
• Forward‑Looking Statements: The release contains typical forward‑looking language regarding completion of the offering, timing, and anticipated benefits.

Notable Quotes

(No direct quotes were provided in the release.)