IMC Rare Earths Ltd

IMC Rare Earths Ltd (IMC) priced its initial public offering on Jul 29, 2026 at $5.00 per share, within its $4.00–$6.00 range, raising $20M, and listed on NYSE American. At the IPO price its market capitalization was about $525.5M. Ogier and Gibson Dunn advised the company and Loeb & Loeb advised the underwriters.

IMC Rare Earths Ltd is an exploration-stage mineral company whose main asset is the Itarantim Project, a rare earth element project in an ionic adsorbed clay deposit in the Brazilian states of Bahia and Minas Gerais, held through a Brazilian subsidiary.

Status

IPO

Ticker

IMC

Exchange

NYSE American

Priced

Jul 29, 2026

IPO price

$5.00

Price range

$4.00–$6.00

Raised

$20M

Market cap at IPO price

$525.5M

First filed

Jun 30, 2026

Company counsel

Ogier and Gibson Dunn

Underwriters' counsel

Loeb & Loeb

Sector

Energy, mining & utilities

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.