NioCorp combines with GX Acquisition Corp. II
Client(s) NioCorp Developments Ltd.
Jones Day advised NioCorp Developments Ltd. (TSX: NB; OTCQX: NIOBF) in its business combination with GX Acquisition Corp. II (Nasdaq: GXII), a publicly-traded special purpose acquisition corporation.
Through a series of mergers, GXII is now a wholly-owned subsidiary of NioCorp, and NioCorp’s shares of common stock are now listed on the Nasdaq Capital Market, in addition to continuing to be traded on the Toronto Stock Exchange.
Jones Day also advised NioCorp on several transaction financings, including two separate financing packages with Yorkville Advisors Global, LP.