Uranium Energy Corp. Files 8-K with Agreement Updates

TL;DR

UEC filed an 8-K detailing a new material agreement and the termination of another. Details TBD.

AI Summary

Uranium Energy Corp. entered into a material definitive agreement on December 17, 2024, related to its business operations. The company also reported the termination of a material definitive agreement on the same date. Specific details regarding the nature of these agreements and their financial implications were not provided in this filing.

Why It Matters

This filing indicates significant changes in Uranium Energy Corp.'s contractual relationships, which could impact its operational strategy and future financial performance.

Risk Assessment

Risk Level: medium — The filing involves material agreements and terminations, which inherently carry business risks and potential impacts on the company's operations and financial standing.

Key Players & Entities

• Uranium Energy Corp. (company) — Registrant
• December 17, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.001 — l shares of its common stock, par value $0.001 per share (the " Shares "), having an a
• $300,000,000 — ng an aggregate offering price of up to $300,000,000 through the Managers (the " ATM Offerin
• $50,000 — gal counsel, in an amount not to exceed $50,000. The Offering Agreement is filed as Ex

Filing Documents

• uec20241220_8k.htm (8-K) — 40KB
• ex_759855.htm (EX-5.1) — 32KB
• ex_759856.htm (EX-10.1) — 261KB
• mclogo.jpg (GRAPHIC) — 2KB
• 0001437749-24-038148.txt ( ) — 531KB
• uec-20241217.xsd (EX-101.SCH) — 3KB
• uec-20241217_def.xml (EX-101.DEF) — 11KB
• uec-20241217_lab.xml (EX-101.LAB) — 15KB
• uec-20241217_pre.xml (EX-101.PRE) — 11KB
• uec20241220_8k_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement Uranium Energy Corp. (the " Company ") entered into an At The Market Offering Agreement (the " Offering Agreement "), dated December 20, 2024 with Goldman Sachs & Co. LLC, as lead manager (the " Lead Manager "), and H.C. Wainwright & Co., LLC, BMO Capital Markets Corp. TD Securities (USA) Inc., Citigroup Global Markets Inc., Eight Capital, Roth Capital Partners, LLC and Canaccord Genuity LLC, as co-managers (each, a " Co-Manager " and, collectively, with the Lead Manager, the " Managers "), under which the Company may, from time to time, sell shares of its common stock, par value $0.001 per share (the " Shares "), having an aggregate offering price of up to $300,000,000 through the Managers (the " ATM Offering "). Upon delivery of a "Sales Notice" under and subject to the terms and conditions of the Offering Agreement, the " Designated Manager " of the Managers under the Offering Agreement may sell the Shares by methods deemed to be an "at-the-market" offering as defined in Rule 415 promulgated under the United States Securities Act of 1933, as amended (the " Securities Act "), including sales made directly on the NYSE American (the " NYSE American "), on any other existing trading market for our common stock, in over-the-counter transactions or to or through a market maker, directly to the sales agent as principal, in negotiated transactions, and/or in any other method permitted by law. Subject to the terms and conditions of the Offering Agreement, the Managers will use commercially reasonable efforts, consistent with its normal trading and sales practices, to sell the Shares from time to time, based upon the Company's instructions, subject to applicable state and federal laws, rules and regulations, and the rules of the NYSE American. The Company is not obligated to, and the Company cannot provide any assurances that it will, make any sales of the Shares under the Offering Agreement. The Offering Agreement m

02 Termination of a Material Definitive Agreement

Item 1.02 Termination of a Material Definitive Agreement Prior to the execution of the Offering Agreement as set forth in Item 1.01 above, the Company, on December 17, 2024, mutually agreed with H.C. Wainwright & Co., LLC, as lead manager, to terminate the At the Market Offering Agreement, dated November 16, 2022, among the Company, H.C. Wainwright & Co., LLC, TD Securities (USA) Inc., Haywood Securities (USA) Inc., Roth Capital Partners, LLC, Eight Capital, BMO Capital Markets Corp. and Citigroup Global Markets Inc. *** The Company cautions you that statements included in this report that are not a description of historical facts are forward-looking statements. These forward-looking statements include statements regarding the ability to sell Shares and raise additional funds pursuant to the Offering Agreement. The inclusion of forward-looking statements should not be regarded as a representation by the Company that any of these results will be achieved. Actual results may differ from those set forth in this report due to the risks and uncertainties associated with market conditions and the satisfaction of pre-sale conditions under the Offering Agreement, as well as risks and uncertainties inherent in the Company's business, including those described in the Company's periodic filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the Company undertakes no obligation to revise or update this report to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement. This cautionary statement is made under the safe harbor provisions of Section 21E of the Private Securities Litigation Reform Act of 1995. - 3 -

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibits Exhibit Description 5.1 Opinion of McMillan LLP. 10.1 At The Market Offering Agreement, dated December 20, 2024, by and between Uranium Energy Corp., Goldman Sachs & Co. LLC, H.C. Wainwright & Co., LLC, BMO Capital Markets Corp. TD Securities (USA) Inc., Citigroup Global Markets Inc., Eight Capital, Roth Capital Partners, LLC and Canaccord Genuity LLC. 23.1 Consent of McMillan LLP (included in Exhibit 5.1). 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document). - 4 -

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. URANIUM ENERGY CORP. DATE: December 20, 2024. By: /s/ Josephine Man Josephine Man Chief Financial Officer, Treasurer and Secretary - 5 -

View Full Filing

View this 8-K filing on SEC EDGAR