Sep. 2 at 3:30 PM
$SYAXF $ELVR
AI says :
Piedmont Lithium Inc. has merged with Sayona Mining Limited, and as a result, your PLL shares have been converted to Elevra Lithium Inc. (ELVR) American Depositary Shares (ADS).
Conversion Ratio: For each share of Piedmont Lithium common stock you held, you received 0.35133 ELVR ADSs. This ratio was determined based on the merger agreement between Piedmont and Sayona.
Delisting: PLL stock has been delisted from the Nasdaq. You can no longer trade PLL shares on the stock exchange.
New Security: You now hold ELVR ADSs, which represent ownership in the merged entity, Elevra Lithium. The ADSs are listed on the Nasdaq and can be traded under the ticker symbol ELVR.
Implied Value: Based on Sayona Mining's closing share price on August 29, 2025, and the agreed-upon conversion ratios, the implied value of each ELVR ADS is approximately
$25.53 USD, and the implied value of each Piedmont share is
$8.97 USD.