IPX News & Events

IperionX announced the pricing of an underwritten public offering of 2,275,000 of its American Depositary Shares, with each ADS representing 10 of its ordinary shares, at a price per ADS to the public of $21.98, for aggregate gross proceeds of approximately $50 million, before deducting underwriting discounts, commission and estimated offering expenses payable by the Company. The Public Offering was led by U.S. institutional investors and is expected to close on July 9, 2026, subject to customary closing conditions. Cantor is acting as sole book-running manager for the Public Offering. Roth Capital Partners and B. Riley Securities are acting as co-managers for the Public Offering.

IperionX has been awarded up to $6.6M under a U.S. Department of War program, funded by the Office of the Secretary of War Submarine Workforce and Industrial Base, or OSW-SWIB. The award forms part of a larger program to scale domestic production of high-performance titanium alloy products, including ballistic-grade titanium plate, for maritime and land defense platforms. The multi-organization defense program will focus on titanium mill products and components for platforms requiring exceptional strength-to-weight performance, corrosion resistance, durability, ballistic-impact tolerance, and shock survivability.