NioCorp Developments Ltd (NB)

NioCorp Developments Ltd Stock (NB) dropped by 10.03% from $3.99 to $3.59 in the trading on Tuesday September 26, 2023. The reason why NB stock down today is due to the announcement of delay in filing annual financial statements. This delay is attributed to ongoing complexities arising from the recently completed business combination with GX Acquisition Corp. II (GX). The company is actively working to integrate GX and finalize the required documentation, but a new filing deadline has not yet been announced. This news may raise concerns among investors regarding NioCorp's financial reporting transparency and could potentially impact the company's stock price until the documents are submitted.

NioCorp Developments Ltd Stock (NB) dropped by 7.84% from $5.23 to $4.82 in the trading on Tuesday May 16, 2023. The reason why NB stock down today is due to the announcement of change in Board of Directors. NioCorp has announced that Fernanda Reda Fenga Viana Klamas has resigned from the NioCorp Board of Directors because of an inability to commit the necessary time to serving on the Board.

NioCorp Developments Ltd Stock (NB) dropped by 5.63% from $6.22 to $5.87 in the trading on Friday April 28, 2023. The reason why NB stock down today is due to the announcement of direct offering closing. NioCorp announced the successful closing of its registered direct offering, raising US$2.0 million through the sale of common shares. This capital injection will support the company's ongoing efforts to launch construction and move towards commercial operation of its flagship Elk Creek Project. The offering shares were purchased by a fund managed by Kingdon Capital Management, LLC at a price of $6.36 per share.