Loading…
USA Rare Earth, LLC has entered into a definitive business combination agreement with Inflection Point Acquisition Corp. II, a SPAC, to become a publicly traded company. The transaction values USA Rare Earth at a pro-forma enterprise value of $870 million and includes a $35 million PIPE investment.
“The proposed transaction values USARE at a pro-forma enterprise value of $870 million.”finance.yahoo.com
Summarized from public sources; check the original articles before acting on it.