FAQ: Standard Lithium Ltd.'s $130 Million Public Offering

What is the main announcement in this content?

Standard Lithium Ltd. has priced an underwritten public offering of 29,885,057 common shares at $4.35 per share, generating total gross proceeds of $130 million.

How much money is Standard Lithium raising and at what price per share?

The company is raising $130 million through the sale of common shares priced at $4.35 per share.

Who are the underwriters for this public offering?

Morgan Stanley and Evercore ISI are serving as co-lead bookrunners for the offering.

What will Standard Lithium use the net proceeds from this offering for?

Net proceeds will fund capital expenditures at the South West Arkansas and Franklin projects, along with working capital and general corporate purposes.

When is the offering expected to close?

The closing is expected around October 20, 2025, pending customary approvals from the TSX Venture Exchange and NYSE American.

What is Standard Lithium’s primary business focus?

Standard Lithium is a near-commercial lithium development company focused on sustainable development of large, high-grade lithium-brine properties in the United States, particularly in the Smackover Formation in Arkansas and Texas.

What are Standard Lithium’s flagship projects?

The company’s flagship projects include the South West Arkansas (SWA) Project in partnership with Equinor, and other lithium brine resources in East Texas, all located within the Smackover Formation.

Is there an option for underwriters to purchase additional shares?

Yes, the underwriters have an option to purchase up to 4,482,758 additional shares.

Where can investors find more information about Standard Lithium?

The latest news and updates relating to SLI are available in the company’s newsroom at https://ibn.fm/SLI, and the full press release can be viewed at https://ibn.fm/iYLV7.

What makes Standard Lithium’s approach to lithium production unique?

The company aims to achieve sustainable, commercial-scale lithium production using a scalable and fully integrated Direct Lithium Extraction (DLE) and purification process, focusing on projects with high-grade resources, robust infrastructure, and streamlined permitting.