Rare Earths Americas is expected to make its New York Stock Exchange (NYSE) debut today.

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The company, which focuses on “heavy rare earths” projects in the United States and Brazil, will make its initial public offering at $19 per share. Here’s what you need to know about Rare Earths Americas’s IPO.

What is Rare Earths Americas?

Calling itself an “exploration stage company,” Rare Earths Americas is a critical minerals company that is positioning itself as key to creating a rare earth supply independent of China.

It plans to use the money raised in its IPO to fund land acquisition, drilling, and metallurgy, among other developments.

The company is based in Manchester, Georgia, and also has a field office in Brazil.

Rare earth elements are the backbone of everything from cell phones to wind turbines. At the same time, their extraction is also devastating poor communities around the globe.

When is the IPO for Rare Earths Americas?

The company priced its shares on Tuesday. It expects to start trading today, Wednesday, May 6, and close the offer on Thursday, May 7.

What is the stock ticker for Rare Earths Americas?

It will trade on the NYSE under the ticker REA.

What is the IPO share price of Rare Earths Americas?

The company’s share price is $19, the higher end of its marketed range. Rare Earths Americas initially estimated each share would be priced between $17 and $19 in its April 28 filing with the Securities and Exchange Commission (SEC). According to Reuters, the company has a valuation of roughly $368.4 million at that price.

How many Rare Earths Americas shares are available in its IPO?

Rare Earths Americas is offering 3.3 million common stock shares to the public. The company is also offering its underwriters 30 days to purchase another 499,999 shares.

How much will Rare Earths Americas raise in its IPO?

The company expects to raise $63.3 million in its IPO.

What else is there to know about Rare Earths Americas?

In its prospectus filed with the SEC, Rare Earths Americas listed a range of risk factors for potential investors. They include notable—and almost humorous—factors given that the company’s entire aim is wanting to work on rare earth projects. The risks include:

We have no history of producing rare earth materials Mineral exploration is highly speculative and subject to an exceptionally high probability of failure All of our business activities are now in the exploration stage and there can be no assurance that we will build successful business operations or ever produce minerals from any of our properties Estimates that guide our development plans and anticipated financing needs with respect to our mineral projects may prove inaccurate or incomplete

This post originally appeared at fastcompany.com
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