Rare Earths Americas, Inc. (REA) upsized its small IPO by 20 percent at pricing on Tuesday night, May 5, 2026 – increasing the number of shares to 3.33 million shares – up from 2.78 million in the prospectus – and pricing its IPO at $19.00 – the top of its range – to raise $63.33 million.
Shares of Rare Earths Americas, Inc. are expected to start trading tomorrow – Wednesday, May 6, 2026 – on the NYSE – American Exchange (NYSE – AmEx).
Cantor and Stifel served as the joint book-runners.
Rare Earths Americas, Inc. is an exploration-stage company focused on critical minerals – also known as rare earth elements, according to the prospectus.
The company has the Alpha and Constellation projects in Brazil and the Shiloh Project in the state of Georgia, the prospectus said.
“Our projects are focused on heavy rare earth elements such as neodymium-praseodymium, dysprosium and terbium, which are used in permanent magnets,” the prospectus said.
Rare Earths Americas, Inc. is a start-up – and it has not generated any revenue so far, according to the prospectus.
The company is not profitable. For the year that ended Dec. 31, 2025, Rare Earths Americas Inc. reported a net loss of $9.93 million, according to financial statements in the prospectus.
(For more information about this company, please check the IPO Calendar and the individual IPO Profile found on the IPOScoop.com website.)
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