EMG Fund V entities and John T. Raymond are reported with 7.8% beneficial ownership of USA Rare Earth, representing 29223081.00 common shares. The passive Schedule 13G states the stake was not acquired or held to change or influence control, while John T. Raymond has sole voting and dispositive power.

Key Highlights

  • The ownership calculation uses 375,076,567 USA Rare Earth common shares outstanding as of September 3, 2026.
  • EMG Fund V SVRE Holdings, LLC directly holds the reported common stock.
  • The reporting persons are listed with 7.8% beneficial ownership of 29,223,081 common shares.

USA Rare Earth, Inc. (NASDAQ: USAR) is listed with a 7.8% beneficial ownership position held through EMG Fund V SVRE Holdings, LLC, representing 29,223,081 common shares. The filing identifies the position as passive. The stated purpose is that the securities were not acquired or held to change or influence control of USA Rare Earth.

EMG Funds Hold 7.8% Position

Each is associated with 29,223,081 shares and 7.8% beneficial ownership in the reported ownership table. EMG Fund V SVRE Holdings, LLC directly holds the common stock.

Ownership Calculation Uses September 3

The 7.8% position is calculated against 375,076,567 outstanding shares of USA Rare Earth common stock as of September 3, 2026. The security is common stock with a Par Value of $0.0001 per share. The outstanding-share figure was disclosed in USA Rare Earth’s registration statement filed September 4, 2026.

Passive Intent Governs Position

The reporting persons certify that the securities were not acquired or held to change or influence control of USA Rare Earth. The stated passive purpose also covers activities solely connected with a nomination under § 240.14a-11. The group agreed to submit the ownership statement jointly. Laura Tyson signed for the fund entities as chief operating officer and general counsel, while John T. Raymond signed for himself on September 11, 2026.