Standard Lithium prices $130 million share offering at $4.35

Standard Lithium Ltd. (TSXV: SLI) (NYSE.A: SLI) announced the pricing of its underwritten public offering of 29,885,057 common shares at $4.35 per share, generating gross proceeds of $130 million.

The offering is led by Morgan Stanley and Evercore ISI as co-lead book-running managers, with BMO Capital Markets serving as book-running manager. Additional underwriters include Canaccord Genuity, Raymond James, Roth Capital Partners and Stifel.

The company granted underwriters an option to purchase up to 4,482,758 additional shares at the same price, exercisable for up to 30 days after closing.

Standard Lithium plans to use net proceeds to fund capital expenditures at its South West Arkansas Project and Franklin Project in East Texas, along with working capital and general corporate purposes.

The offering is expected to close on or about October 20, 2025, subject to customary closing conditions including approvals from the TSX Venture Exchange and NYSE American.

The offering is being conducted in the United States and Canadian provinces and territories except Quebec. The company filed preliminary prospectus supplements in both jurisdictions under existing base shelf prospectuses.

Standard Lithium describes itself as a lithium development company focused on sustainable development of lithium-brine properties in the United States, with flagship projects located in the Smackover Formation in Arkansas and Texas. The company is advancing the South West Arkansas project in partnership with Equinor.

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