Piedmont Lithium Files 8-K
| Field | Detail |
|---|---|
| Company | Piedmont Lithium Inc. |
| Form Type | 8-K |
| Filed Date | Aug 13, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $0.032, $0, $38 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, filing, corporate-event
Related Tickers: PLL
TL;DR
PIEDMONT LITHIUM (PLL) FILED AN 8-K ON 8/13 FOR AN EVENT ON 8/12.
AI Summary
Piedmont Lithium Inc. filed an 8-K on August 13, 2025, reporting an event on August 12, 2025. The filing is categorized under 'Other Events' and 'Financial Statements and Exhibits'. The company, incorporated in Delaware, is headquartered in Belmont, North Carolina.
Why It Matters
This filing indicates a material event or change for Piedmont Lithium Inc., requiring disclosure to investors and the public.
Risk Assessment
Risk Level: low — This is a routine filing of an 8-K, which typically reports on significant events but doesn't inherently signal high risk without further details on the event itself.
Key Numbers
- 001-38427 — SEC File Number (Identifies the company's filings with the SEC)
- 36-4996461 — IRS Employer Identification No. (Tax identification number for the company)
Key Players & Entities
- Piedmont Lithium Inc. (company) — Registrant
- August 12, 2025 (date) — Earliest event reported
- August 13, 2025 (date) — Filing date
- Belmont, North Carolina (location) — Principal Executive Offices
FAQ
What specific event triggered this 8-K filing?
The filing indicates an event occurred on August 12, 2025, but the specific nature of the event is not detailed in the provided header information.
What are the primary business activities of Piedmont Lithium Inc.?
Piedmont Lithium Inc. is involved in the mining and quarrying of nonmetallic minerals, specifically related to the energy and transportation sectors.
When was Piedmont Lithium Inc. incorporated, and in which state?
The company was incorporated in Delaware.
What is the principal executive office address for Piedmont Lithium Inc.?
The principal executive offices are located at 42 E Catawba Street, Belmont, North Carolina, 28012.
What is the SIC code for Piedmont Lithium Inc.?
The Standard Industrial Classification (SIC) code is 1400, which corresponds to Mining, Quarrying of Nonmetallic Minerals (No Fuels).
Filing Stats: 668 words · 3 min read · ~2 pages · Grade level 10.5 · Accepted 2025-08-13 17:00:52
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value per share PLL The Nasdaq
- $0.032 — ription Amount") at an issue price of AU$0.032 per Sayona ordinary share, subject to c
- $0 — rcise price for each Option is set at AU$0.032, representing a 14% premium to Sayo
- $38 million — d, Sayona would receive approximately AU$38 million in capital. Item 9.01 Financial Stat
Filing Documents
- ef20053881_8k.htm (8-K) — 28KB
- 0001140361-25-030850.txt ( ) — 152KB
- pll-20250812.xsd (EX-101.SCH) — 4KB
- pll-20250812_lab.xml (EX-101.LAB) — 21KB
- pll-20250812_pre.xml (EX-101.PRE) — 16KB
- ef20053881_8k_htm.xml (XML) — 4KB
01
Item 8.01 Other Events. Piedmont Lithium Inc. (the "Company") announced on August 11, 2025 that its special meeting of stockholders to approve the proposed merger with Sayona Mining Ltd ("Sayona") has been adjourned to Friday, August 22, 2025, at 11 a.m. Eastern Time. As previously disclosed by the Company and Sayona, on November 19, 2024, Sayona and Resource Capital Fund VIII L.P. ("RCF") signed a subscription agreement (the "RCF Subscription Agreement") pursuant to which RCF agreed to subscribe for 2,156,250,000 Sayona ordinary shares (the "Initial Subscription Amount") at an issue price of AU$0.032 per Sayona ordinary share, subject to certain conditions including closing of the merger. As a result of the adjournment, Sayona and RCF agreed on August 12, 2025 (Australia time) to extend the end date of the RCF Subscription Agreement from August 19, 2025 to December 31, 2025. Under the revised terms, in addition to the Initial Subscription Amount, RCF also agreed to subscribe for options for the issuance of up to 1.2 billion shares of Sayona (the "Options"), to be issued in two tranches. Issuance of the Options to RCF is subject to certain conditions, including closing of the merger. The first tranche of Options will bring RCF's interest to 9.99% of Sayona's issued capital, while the second tranche, subject to regulatory approval, will cover the balance of the Options. The exercise price for each Option is set at AU$0.032, representing a 14% premium to Sayona's closing price on August 11, 2025 (Australia time). The Options will expire at 5:00 p.m. Brisbane time on December 31, 2028, and may be exercised in parcels of no less than 200 million Options. If all the Options are exercised, Sayona would receive approximately AU$38 million in capital.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 2
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, thereunto duly authorized. PIEDMONT LITHIUM INC. Date: August 13, 2025 /s/ Keith Phillips Name: Keith Phillips Title: President and Chief Executive Officer 3