Standard Lithium Ltd. has priced an underwritten public offering of 29,885,057 common shares at $4.35 per share, generating total gross proceeds of approximately $130 million. The offering, led by Morgan Stanley and Evercore ISI as co-lead bookrunners, includes an option for underwriters to purchase up to an additional 4,482,758 shares. The company expects the offering to close around October 20, 2025, pending customary approvals from the TSX Venture Exchange and NYSE American.
Net proceeds from the offering will be allocated toward capital expenditures at the South West Arkansas and Franklin lithium projects, along with working capital and general corporate purposes. This funding represents a significant step forward for Standard Lithium's development strategy in the United States. The company focuses on sustainable development of large, high-grade lithium-brine properties, prioritizing projects with strong infrastructure, skilled labor, and streamlined permitting processes.
Standard Lithium's flagship projects are located in the Smackover Formation, a world-class lithium brine asset spanning Arkansas and Texas. The company is advancing the South West Arkansas Project in partnership with global energy leader Equinor, representing a major greenfield development in southern Arkansas. Additionally, Standard Lithium is actively developing a promising lithium brine resource position in East Texas. The company aims to achieve commercial-scale lithium production through its scalable and fully integrated direct lithium extraction and purification process.
The full press release detailing the public offering can be viewed at https://ibn.fm/iYLV7. This substantial capital infusion positions Standard Lithium to accelerate development of its key projects at a time when domestic lithium production is increasingly critical for the United States' energy transition and supply chain security. The latest news and updates relating to Standard Lithium are available in the company's newsroom at https://ibn.fm/SLI.
