On January 22, 2021, Lithium Americas Corp. completed an overnight market public offering of 18,181,818 common shares at a price of US$22 (C$28) per common share for gross proceeds of US$400 million (C$510 million), which included the exercise in full of the underwriters’ over-allotment option.
The offering was conducted by a syndicate of underwriters that included Canaccord Genuity, Deutsche Bank Securities, Stifel Nicolaus, Evercore Group, National Bank Financial and Cormark Securities.
Cassels acted for Lithium Americas.