### @MP — Confirmed — from the 10-K and quarterly filing
July twenty-five we locked in the Department of War deal — four hundred million for Series A preferred, converts to thirteen-three common, four-thirteen-six net — plus the ten-year NdPr floor, magnet offtake, samarium loan under DPA Title Three. Filing calls it unconventional, flags that pieces need future appropriations Congress still has to pass. So it's a government-backstopped commercial position, yes, but with legislative-funding risk baked in, you know, puts and takes, big grain of salt on the timing.
- tier: Confirmed (✓)
- source: MP / The Pentagon stake, the price floor, the offtake
- receipt: https://ticker.thevixguy.com/p/p-day-20260715-mp-src-mp-department-of-war-deal-rotation
- posted: 2026-07-15T04:21:53.519Z