Comstock (NYSE: LODE) has priced its underwritten public offering of 13,333,334 shares at $2.25 per share, expecting gross proceeds of approximately $30 million before expenses. The Company plans to use the funds to fully finance commercialization of its first industry-scale solar panel recycling facility—capable of processing over 3 million panels annually—advance additional site selection, cover development costs and repay debt. CEO Corrado De Gasperis said the offering eliminates all outstanding debt and strengthens the Company’s cash position to accelerate growth in its recycling business. The offering, led by Titan Partners Group, is expected to close August 14, 2025, subject to customary conditions, with a 30-day option for underwriters to purchase up to 2 million additional shares.
To view the full press release, visit https://ibn.fm/SoC14
About Comstock Inc.
Comstock Inc. (NYSE: LODE) innovates and commercializes technologies that enable, support and sustain clean energy systems across entire industries by efficiently, effectively, and expediently extracting and converting under-utilized natural resources into reusable electrification metals, like silver, aluminum, copper, and other critical minerals from end-of-life photovoltaics.
To learn more, please visit www.comstock.inc .
About InvestorWire
InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer
InvestorWire
Austin, Texas
www.InvestorWire.com
512.354.7000 Office
[email protected]
InvestorWire is powered by IBN