MMCAP International Inc. SPC

Position in USAR — USA Rare Earth, Inc.

CIK 1304857 GRAND CAYMAN, E9

Position in USAR

as of Mar 31, 2026 · filed May 15, 2026 Compact

Position Value

$10,397

-$250,332 QoQ

Shares Held

687

-97.1% QoQ

Ownership

0.000%

of shares outstanding

% of Portfolio

0.00%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Jun 2025

2 quarters on record

Voting authority Sole 100.ToString("F0")% Shared 0.ToString("F0")% None 0.ToString("F0")%

Basic Materials · as of Mar 31, 2026

MMCAP International Inc. SPC holds $1,351,625 across 3 Other Industrial Metals & Mining names. USAR ranks #3 (0.8% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	WRN	Western Copper & Gold Corp	335,130	$847,878
2	EMAT	Evolution Metals & Technologies Corp.	65,000	$493,350
3	USAR	USA Rare Earth, Inc. This page	687	$10,397

2 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$10,397	687	-97.1%	Shares	Sole	2026-05-15
2025-06-30	$260,729	23,800	—	Shares	Sole	2025-08-06
No filing history on record for this holder in this stock.