After the Bell: USA Rare Earth Completes TMRC Merger, Uranium Royalty Adds Two Directors, AIxCrypto Q2 Results, Microvast Names New CAO, MGP Ingredients Amends Credit Agreement

Overview of Recent SEC Form 8-K Filings

This recap covers Form 8-K filings made with the U.S. Securities and Exchange Commission on August 7, 2026, covering a completed merger, board appointments, quarterly results, an executive hire, and a credit agreement amendment.

USA Rare Earth, Inc.: Completion of TMRC Merger

Items Disclosed: Item 2.01, Item 9.01 Filed: August 7, 2026

USA Rare Earth, Inc. (USAR) completed its previously disclosed merger with Texas Mineral Resources Corp. (TMRC) on August 7, 2026, under the Agreement and Plan of Merger originally entered March 4, 2026. The transaction was structured as two mergers: Hamer Merger Sub, Inc. merged into TMRC, with TMRC surviving as a wholly owned subsidiary of USAR, followed by a merger of Hamer Merger Sub, LLC into that surviving corporation.

Each share of TMRC common stock outstanding at the effective time converted into the right to receive 0.043279843 of a share of USAR common stock, calculated by dividing 3,823,328 by the 88,339,693 shares of TMRC common stock outstanding on a fully diluted basis. Holders otherwise entitled to a fractional USAR share will receive cash in lieu of that fraction.

Uranium Royalty Corp.: Board Expanded to Eight Directors

Items Disclosed: Item 5.02, Item 7.01, Item 9.01 Filed: August 7, 2026

Uranium Royalty Corp.’s board of directors voted on August 7, 2026 to increase its size from six to eight directors, appointing Peter Martin Rozenauers and Kevin McQuilkin to fill the new seats effective immediately. Neither has been appointed to a board committee as of the filing date.

Both directors were designated for nomination by the Orion Sellers — Orion Resource Partners (USA) LP and its affiliated funds, along with HRG Metals LP and Ontario Teachers’ Pension Plan Board — under an Investors Rights Agreement dated July 27, 2026. Rozenauers, 62, has more than 35 years of experience in natural resources and mining finance and has served since June 2026 as a non-executive Investment Committee member for the Orion Mine Finance and Orion Industrial Ventures platforms of Orion Resource Partners (Aus) Pty Limited.

AIxCrypto Holdings, Inc.: Second-Quarter Results

Items Disclosed: Item 2.02, Item 7.01, Item 9.01 Filed: August 7, 2026

AIxCrypto Holdings, Inc. issued a press release on August 7, 2026 announcing financial and operational results for the three months ended June 30, 2026, paired with an investor webcast the same day. The press release and investor presentation are attached as Exhibits 99.1 and 99.2; both are furnished under Items 2.02 and 7.01 rather than filed for purposes of the Securities Act or Exchange Act. The report was signed by Jerry Wang, Chief Executive Officer and Director.

Microvast Holdings, Inc.: New Chief Accounting Officer

Items Disclosed: Item 5.02, Item 9.01 Filed: August 7, 2026

Microvast Holdings, Inc. entered an offer of employment with Derek Liu on August 6, 2026 for the role of Chief Accounting Officer, with Liu expected to start on or about August 7, 2026. Liu, 56, was Chief Financial Officer at Silvercorp Metals Inc. from 2015 to 2025 (and Controller there from 2006 to 2010), and CFO at Canickel Mining Limited from 2011 to 2014. He holds an MBA from Laurentian University, a Bachelor of Economics from Shenzhen University, and a Diploma of Technology in Financial Management from the British Columbia Institute of Technology.

His offer letter sets an annual base salary of $350,000 and a target bonus of 50% of base salary, subject to individual and company performance measures, plus eligibility for the company’s long-term incentive plan, benefits, and paid time off. The filing states there are no arrangements between Liu and any other person related to his appointment and no family relationships with any Microvast director or executive officer.

MGP Ingredients, Inc.: Credit Agreement Amendment

Items Disclosed: Item 1.01, Item 9.01 Filed: August 7, 2026

MGP Ingredients, Inc. entered Amendment No. 2 to its Amended and Restated Credit Agreement (originally dated February 14, 2020) with Wells Fargo Bank, N.A. as administrative agent, effective August 6, 2026. The amendment lets the company add back, for any period through December 31, 2027, up to $20,000,000 in aggregate losses tied to accounts receivable from specific customers disclosed in writing to the administrative agent; any recovered receivables must then be deducted back out of Consolidated EBITDA.

The company’s covenants remain a consolidated fixed charge coverage ratio of no less than 1.25 to 1.00 and a consolidated net leverage ratio of no more than 4.00 to 1.00, which can rise to 4.50 to 1.00 during an Elevated Ratio Period. MGP exercised that option starting with the fiscal quarter ended June 30, 2026 and for the three quarters following, tied to earnout obligations from its acquisition of Penelope Bourbon LLC. The company also entered a related Eighth Amendment to its Note Purchase and Private Shelf Agreement.

Sourced directly from Form 8-K filings on SEC EDGAR. Not investment advice. See About for what this site does and doesn’t do.