Top Financings of the Week

This Mining Company Just Landed a $500M Deal with Apple

By Taylor Pierce - Tuesday, July 22

The Recap

The best information on capital raises and financing activity in under 5 minutes:

  • MP Materials Corp. (NYSE: MP) Just after striking a major deal with Apple, the rare earths company has announced an upsized underwritten public offering from $500 million to approximately $650 million.

  • Volcon, Inc. (NASDAQ: VLCN) The electric powersports company entered into securities purchase agreements for a private placement expected gross proceeds of more than $500 million to initiate Bitcoin treasury strategy.

  • Draganfly Inc. (NASDAQ: DPRO, CSE: DPRO) The drone and robotics company closed its previously announced registered direct offering raising approximately $25 million for the development and marketing of the Company’s core products, potential acquisitions and R&D.

Following MP Materials announcement of a strategic $500 million partnership with Apple, the Company has just announced it has upsized its recent public offering to approximately $650 million.

“Rare earth materials are essential for making advanced technology, and this partnership will help strengthen the supply of these vital materials here in the United States," Apple CEO Tim Cook. “We couldn’t be more excited about the future of American manufacturing, and we will continue to invest in the ingenuity, creativity, and innovative spirit of the American people.”

According to the Company, MP Materials is America’s only fully integrated rare earth producer with capabilities spanning the entire supply chain—from mining and processing to advanced metallization and magnet manufacturing. MP extracts and refines materials from one of the world’s richest rare earth deposits in California and manufacture the world’s strongest and most efficient permanent magnets.

The Company’s products enable innovation across critical sectors of the modern economy, including transportation, energy, robotics, defense, and aerospace.

Volcon Inc. has announced a $500 million private placement to initiate its bitcoin treasury strategy.

Based in the Austin, Texas area, Volcon was founded as the first all-electric power sports company sourcing high-quality and sustainable electric vehicles for the outdoor community. Volcon electric vehicles are the future of off-roading, not only because of their environmental benefits but also because of their near-silent operation, which allows for a more immersive outdoor experience.

"In an era of accelerating monetary debasement, holding Bitcoin on our balance sheet represents a strategic move to safeguard shareholder value and align with a digital future. We are excited to work alongside Ryan and Gemini to implement this Bitcoin treasury strategy as our EV business continues to evolve," said John Kim, co-CEO of Volcon.

Draganfly Inc., a leading drone and robotics company has closed its previously announced registered direct offering raising approximately $25 million.

Draganfly is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives.

The net proceeds from the offering will support Draganfly's corporate initiatives, including product development, marketing, potential acquisitions, and general working capital needs.

Top Money Moves

Company

Money Raised ($USD)

Sector

EnBW

$3,621,854,974

Energy

Adani Green Energy

$1,085,427,762

Clean Energy

MP Materials

$650,000,000

Mining

Starwood Property Trust

$508,000,000

Real Estate

Volcon

$501,428,510

EV

SharpLink

$413,000,000

Gambling

Ascentage Pharma

$192,255,634

Biotech

4Paradigm

$166,650,741

AI

MEI Pharma

$100,000,000

Biotech

NWTN Motors

$100,000,000

EV

OFA

$100,000,000

Real Estate

Almonty

$90,000,000

Mining

Infibeam Avenues

$81,532,514

Financial Services

Glass House Brands

$77,500,000

Cannabis

Bit Digital

$67,300,000

Crypto 

SEALSQ

$60,000,000

Semiconductor 

Windtree Therapeutics

$60,000,000

Biotech

Unusual Machines

$48,500,000

Aerospace

NioCorp

$45,000,000

Mining

Black Rifle Coffee

$35,000,000

Food & Beverage 

Faraday Copper

$32,886,404

Mining

Sonoco

$30,000,000

Manufacturing 

Draganfly

$25,000,000

Drones

Prime Medicine

$24,000,000

Biotech

Aurum Resources

$23,363,535

Mining

Faraday Future

$22,000,000

EV

NorthIsle

$21,877,131

Mining

Amex Exploration

$21,827,913

Mining

Gold Reserve

$20,000,000

Mining

Super League Enterprise

$20,000,000

Gaming

Tecogen

$17,500,000

Cleantech 

BriaCell Therapeutics

$15,000,000

Biotech

Sierra Madre

$12,050,377

Mining

Aimtron Electronics

$11,647,502

Manufacturing 

Nova Minerals

$11,100,000

Mining

CFF Fluid Control

$10,230,702

Manufacturing 

Southern Silver Exploration

$9,494,006

Mining

Citius Oncology

$9,000,000

Pharma 

LiveOne

$8,900,000

Media

NanoVibronix

$8,888,889

Health Care

Stereotaxis

$8,500,000

Biotech

DV8

$7,400,000

Media

Gatekeeper Systems Inc

$7,304,356

Transportation

The Blockchain Group

$7,010,042

Crypto 

Gain Therapeutics

$7,000,000

Biotech

Sol Global investments

$6,139,675

Cannabis

BTC Digital

$6,000,000

Crypto 

RYVYL

$6,000,000

Crypto 

American Lithium

$5,916,529

Mining

BuildDirect

$5,099,290

Building 

Soluna

$5,000,000

Energy

60 Degrees Pharma

$5,000,000

Biotech

Capitan Silver

$4,807,902

Mining

OS Therapies

$4,200,000

Health Care

Forte Minerals

$4,151,885

Mining

First Mining Gold

$3,655,100

Mining

Freeman Gold

$3,505,479

Mining

DY6 Metals

$3,035,291

Mining

Rani Therapeutics

$3,000,000

Biotech

Belgravia Hartford

$2,916,951

Financial Services

Leading Edge Materials

$2,910,388

Mining

Steakholder Foods

$2,500,000

Food & Beverage 

Lindex Group

$2,434,005

CanCambria

$2,336,986

Energy

New Wave

$2,297,099

Research

Presidio Property Trust

$2,050,000

Real Estate

reAlpha

$2,000,000

AI 

NKGen Biotech

$2,000,000

Biotech

Harvard Apparatus Regenerative Technology

$2,000,000

Biotech

SynAct Pharma

$1,842,301

Biotech

Northwest Copper

$1,823,094

Mining

Dynamite Blockchain

$1,818,993

Cypto 

Great Northern Energy Metals

$1,592,433

Mining

Smith Micro Software

$1,499,999

Software

FRNT Financial

$1,460,871

Finance

Core Assets

$1,460,616

Mining

Vaultz Capital

$1,346,876

Impact Investing

Future Fuels

$1,091,396

Mining

Lead Investors

  • 4Paradigm: $166,650,741 | AI | Lead Investor: Wuji Capital

  • MEI Pharma: $100,000,000 | Biotech | Lead Investor: GSR, Litecoin Foundation

  • Windtree Therapeutics: $60,000,000 | Biotech | Lead Investor: Build and Build Corp

  • Prime Medicine: $24,000,000 | Biotech | Lead Investor: Cystic Fibrosis Foundation

  • NKGen Biotech: $2,000,000 | Biotech | Lead Investor: HekaBio

  • SynAct Pharma: $1,842,301 | Biotech | Lead Investor: Heights Capital Management

  • Sol Global investments: $6,139,675 | Cannabis | Lead Investor: 2750575 Ontario

  • Volcon: $501,428,510 | EV | Lead Investor: Empery Asset Management

  • NWTN Motors: $100,000,000 | EV | Lead Investor: Medad Holding

  • Faraday Future: $22,000,000 | EV | Lead Investor: Master Investment Group

  • Amex Exploration: $21,827,913 | Mining | Lead Investor: Eldorado Gold Corp.

  • OFA: $100,000,000 | Real Estate | Lead Investor: Atsion Opportunity Fund

  • SEALSQ: $60,000,000 | Semiconductor | Lead Investor: Heights Capital Management

Do you know of any other lead investors who put capital into the markets this week? We would be happy to feature the transactions, send us an email at [email protected] 

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