Westwater Resources, Inc. filed a Form S-1 registration statement with the SEC on November 13, 2026, covering the resale of up to 26,141,858 shares of common stock by selling stockholder Lincoln Park Capital Fund, LLC under a purchase agreement dated November 10, 2026.

Key Highlights

  • Shares registered: Up to 26,141,858 shares of common stock, $0.001 par value per share, registered for resale by Lincoln Park Capital Fund, LLC.
  • Purchase agreement: The agreement with Lincoln Park is dated November 10, 2026, and allows the company to receive up to $50,000,000 aggregate gross proceeds, subject to certain limitations and the Exchange Cap.
  • Commitment shares: 600,000 shares of common stock were issued to Lincoln Park as consideration for its commitment under the Purchase Agreement.
  • Last reported share price: On November 12, 2026, the last reported sale price of the common stock on NYSE American was $0.3867 per share.
  • Company proceeds: According to the filing, the company will not receive any proceeds from the sale of shares by the selling stockholder, only from any direct sales it makes to Lincoln Park under the Purchase Agreement.
  • Company classification: The registrant is identified as a non-accelerated filer and a smaller reporting company, and is therefore subject to reduced public company reporting requirements.

Westwater Resources Registers Lincoln Park Equity Line for Up to $50 Million

Westwater Resources, Inc. (NYSE American:WWR), a Delaware-incorporated company headquartered at 7000 East Belleview Avenue, Suite 220, Greenwood Village, Colorado 80111, filed a Form S-1 registration statement on November 13, 2026, to register up to 26,141,858 shares of its common stock for resale by Lincoln Park Capital Fund, LLC. The shares relate to a purchase agreement the company entered into with Lincoln Park on November 10, 2026.

According to the filing, the company may receive up to $50,000,000 in aggregate gross proceeds from Lincoln Park under the Purchase Agreement in connection with any sales it makes after the date of the prospectus, subject to certain limitations and the Exchange Cap defined therein. The filing states that "the actual proceeds from Lincoln Park may be less than this amount depending on the number of shares of our common stock sold and the price at which the shares of our common stock are sold." The purchase price Lincoln Park will pay for any shares will fluctuate based on the trading price of the company's common stock at the time of each sale.

The filing discloses that 600,000 shares were already issued to Lincoln Park as consideration for its commitment, but that no other shares had yet been issued or sold to Lincoln Park under the Purchase Agreement as of the filing date. The company disclosed that it will pay registration expenses, including legal and accounting fees, while the selling stockholder will bear brokerage fees, commissions, and similar expenses. The filing designates Lincoln Park as "an 'underwriter' within the meaning of Section 2(a)(11) of the Securities Act of 1933, as amended." The prospectus describes investing in the company's securities as "highly speculative and involves a high degree of risk."

What Was Disclosed

Westwater Resources filed an S-1 registration statement on November 13, 2026, covering the resale of up to 26,141,858 common shares by Lincoln Park Capital Fund, LLC under a November 10, 2026 purchase agreement, with potential gross proceeds to the company of up to $50,000,000.