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MP Materials Corp. MP
U.S. Department of Defense (Department of War) · convertible · Series A convertible preferred · conversion price $30.03
Status
active
as of 2026-09-04
Shares
13.32M
7.57% ownership
Market value
$726.3M
$54.53 · 2026-09-04
Cost basis
$400.0M
Unrealized
+$326.3M
+81.6%
Realized
$0.00
confidence high
Position value and cost basis
Ledger events (append-only)
| # | Type | Effective | Discovered | Lag | Shares Δ | Cost Δ | Realized Δ | Price | Confidence | Source | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 | initial investment | 2025-07-10 | 2026-09-07 06:20Z | 424d | 13.32M | $400.0M | $0.00 | $30.03 | high | #3 | $400M of preferred convertible at $30.03; as-converted share count derived, confirm from 8-K |
Audit trail for this position
- 2026-09-07 06:20Z event.recorded Event #3 (initial_investment) recorded for position 3: 13320000 shares, cost 400000000; effective 2025-07-10, discovered 2026-09-07T06:20:15.117Z (424-day discovery lag)