Loeb Represents Underwriter Roberts & Ryan, Inc. in IMC Rare Earths Ltd.’s $20 Million Initial Public Offering

Loeb & Loeb represented Roberts & Ryan, Inc., America's first service-disabled and veteran-owned institutional broker-dealer, as the lead underwriter in connection with the $20 million initial public offering of IMC Rare Earths Ltd., a mineral exploration and development company focused on advancing and securing long-term supplies of critical rare earth elements in Brazil. 

The transaction is believed to have been the first initial public offering led by a service-disabled and veteran-owned broker-dealer and the first U.S. IPO led by a diversity-designated investment bank serving as the lead underwriter. 

The offering consisted of 4,000,000 ordinary shares priced at $5.00 per share, generating gross proceeds of $20 million before deducting underwriting discounts and commissions and other offering expenses. 

The ordinary shares of IMC Rare Earths Ltd. began trading on the NYSE American under the ticker symbol “IMC” on July 29, 2026, and closed on July 30.

The Loeb team included Lawrence Venick, managing partner of the firm’s Hong Kong and Beijing offices, and Capital Markets associates Rongwei Xie and Olivia Wang.

For more information, please see IMC Rare Earths’ press release.