USA Rare Earth Shares Drop Sharply After Large Resale Registration, Raising Supply Concerns
USA Rare Earth shares plunged in morning trading after the company filed an amended Form S-3/A shelf registration covering roughly 93.8 million resale shares - about 35% of fully diluted common stock. The filing expands the pool of shares that selling shareholders, including PIPE investors and merger counterparties, can offer to the market. That de…