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USA Rare Earth, Inc.USAR

Class A USARCIK 0001970622

Cash in trust

$269M

$269,138,646

Trust per share

Redemption value

IPO

May 2023

$250M raised

Combination deadline

Not disclosed

Filings on record

353

Latest Sep 16, 2026

Business combination

Target
Not disclosed in an indexed filing
Announced
Aug 22, 2024
Closed
Mar 19, 2025

Overview

USA Rare Earth, Inc. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001970622. It completed its initial public offering in May 2023, raising $250M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker USAR on Nasdaq. Business combination closed; the company trades under a new ticker.

News on USA Rare Earth, Inc.

Last 90 days

Nothing in the last 90 days that names this vehicle. We attribute a story only when the release carries the ticker or the registered name, so an empty section means no press release or wire story matched — not that nothing was published. The filings below are the primary record either way.

SEC filing history

Free tier: filings older than 24 hours
  • EFFECT

    Notice of effectiveness

    Accession 9999999995-26-002975

    Sep 16, 2026

    1d ago

    Open filing
  • EFFECT

    Notice of effectiveness

    Accession 9999999995-26-002974

    Sep 16, 2026

    1d ago

    Open filing
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001213900-26-100190

    Sep 15, 2026

    1d ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0000905148-26-004140

    Sep 11, 2026

    5d ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0000905148-26-004139

    Sep 11, 2026

    5d ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001493152-26-042387

    Sep 11, 2026

    5d ago

    Open filing
  • SCHEDULE 13D

    Beneficial ownership report (activist)

    Accession 0000947871-26-000861

    Sep 11, 2026

    5d ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001812231-26-000007

    Sep 9, 2026

    8d ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001918084-26-000007

    Sep 8, 2026

    8d ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001812231-26-000005

    Sep 8, 2026

    8d ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001918084-26-000005

    Sep 8, 2026

    8d ago

    Open filing
  • S-3

    REGISTRATION STATEMENT

    Accession 0001213900-26-097756

    Sep 4, 2026

    12d ago

    Open filing
  • S-3

    REGISTRATION STATEMENT

    Accession 0001213900-26-097754

    Sep 4, 2026

    12d ago

    Open filing
  • 8-K

    Entry into a material definitive agreement; Completion of an acquisition; Regulation FD disclosure; Other events

    Items 1.01, 2.01, 2.03, 3.02, 5.02, 7.01, 8.01, 9.01 · Accession 0001213900-26-097399

    Sep 4, 2026

    13d ago

    Open filing
  • 8-K

    Submission of matters to a vote of security holders

    Item 5.07 · Accession 0001970622-26-000061

    Aug 31, 2026

    17d ago

    Open filing
  • DEFA14A

    Additional proxy soliciting material

    Accession 0001213900-26-092813

    Aug 24, 2026

    24d ago

    Open filing
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001213900-26-092810

    Aug 24, 2026

    24d ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001897745-26-000014

    Aug 21, 2026

    26d ago

    Open filing
  • SCHEDULE 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001172661-26-003765

    Aug 14, 2026

    1mo ago

    Open filing
  • 10-Q

    FORM 10-Q Q2'2026

    Accession 0001970622-26-000057

    Aug 10, 2026

    1mo ago

    Open filing
  • 8-K

    Current report

    Items 2.02, 9.01 · Accession 0001970622-26-000056

    Aug 10, 2026

    1mo ago

    Open filing
  • 8-K

    Completion of an acquisition

    Items 2.01, 9.01 · Accession 0001213900-26-086814

    Aug 7, 2026

    1mo ago

    Open filing
  • DEFM14A

    Definitive merger proxy statement

    Accession 0001213900-26-081091

    Jul 24, 2026

    1mo ago

    Open filing
  • 8-K

    Regulation FD disclosure; Other events

    Items 3.02, 7.01, 8.01, 9.01 · Accession 0001213900-26-080645

    Jul 23, 2026

    1mo ago

    Open filing
  • 4

    Statement of changes in beneficial ownership

    Accession 0001458423-26-000006

    Jul 20, 2026

    1mo ago

    Open filing
  • 425

    Business-combination communication

    Accession 0001213900-26-079640

    Jul 20, 2026

    1mo ago

    Open filing
  • DEFA14A

    Additional proxy soliciting material

    Accession 0001213900-26-079440

    Jul 20, 2026

    1mo ago

    Open filing
  • 8-K

    Regulation FD disclosure

    Items 5.02, 7.01, 9.01 · Accession 0001213900-26-079438

    Jul 20, 2026

    1mo ago

    Open filing
  • 425

    Business-combination communication

    Accession 0001213900-26-079221

    Jul 17, 2026

    2mo ago

    Open filing
  • DEFA14A

    Additional proxy soliciting material

    Accession 0001213900-26-078763

    Jul 16, 2026

    2mo ago

    Open filing

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USA Rare Earth, Inc.: questions answered

What is USA Rare Earth, Inc. (USAR)?

USA Rare Earth, Inc. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001970622. It completed its initial public offering in May 2023, raising $250M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker USAR on Nasdaq. Business combination closed; the company trades under a new ticker.

How much does USA Rare Earth, Inc. hold in trust?

Approximately $269,138,646, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must USA Rare Earth, Inc. complete a merger?

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

What happens if USA Rare Earth, Inc. does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in USA Rare Earth, Inc., and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

What tickers does USA Rare Earth, Inc. trade under?

Class A shares trade as USAR on Nasdaq. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Is the trust value the same as the share price for USA Rare Earth, Inc.?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

Is USA Rare Earth, Inc. tradeable, and where?

Yes. USAR returned a live quote of $15.70 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.

Is USA Rare Earth, Inc. a good investment?

That is not a question this site answers. USA Rare Earth, Inc. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this USA Rare Earth, Inc. data come from?

Filings USA Rare Earth, Inc. submitted to the SEC under CIK 0001970622: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Sep 17, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.