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The Department of Defense will buy $400 million in MP Materials’ preferred stock, along with a warrant to purchase common stock—investments the mining company will use to build a new rare earth magnet plant, in addition to its Mountain Pass facility in California’s Mojave Desert.—Sara Dorn, Forbes.com, 10 July 2025 The convertible shares and the exercise of the common stock warrant would equal about a 15% stake in MP Materials as of July 9, nearly twice the 8.61% held by Litinsky and the 8.27% held by BlackRock Fund Advisors, according to FactSet data.—Spencer Kimball, CNBC, 10 July 2025 AeroVironment plans to sell $750 million in common stock, as well as $600 million in convertible senior notes due 2030, to repay indebtedness.—Medora Lee, USA Today, 2 July 2025 Under the terms of the agreement, Home Depot’s SRS will buy all outstanding shares of GMS common stock for $110 per share, bringing the value to $4.3 billion.—Jim Edwards, Fortune, 1 July 2025 See All Example Sentences for common stock
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