NAMM SCHEDULE 13D/A: SEC filing
Mzi Khumalo
Filed with the SEC on · accession 0001213900-26-093201
NAMM filed a SCHEDULE 13D/A (schedule 13d/a) with the SEC on Aug 24, 2026. Mzi Khumalo entered into a share loan agreement with Southern Selliben Trust (Three Rivers PTC Limited as trustee) to borrow up to 14 million Namib Minerals shares, with an obligation to redeliver equivalent shares by the Longstop Date, secured by a security interest. The stock moved +3.3% by the first close after the filing.
Summary of the filing
Mzi Khumalo entered into a share loan agreement with Southern Selliben Trust (Three Rivers PTC Limited as trustee) to borrow up to 14 million Namib Minerals shares, with an obligation to redeliver equivalent shares by the Longstop Date, secured by a security interest. The loan carries a $50,000 fee and 13% annual interest, and Khumalo intends to use 3 million Earnout Shares from the 2024 Business Combination Agreement to satisfy redelivery.
Key details
How NAMM stock reacted
Close before
$1.51
Aug 21, 2026
First close after
+3.31%
$1.56
5 trading days
-6.62%
$1.41
Since filing
-50.32%
$0.75
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Click hereFrequently asked questions
What did NAMM file with the SEC on Aug 24, 2026?
NAMM filed a SCHEDULE 13D/A (SEC filing). Mzi Khumalo entered into a share loan agreement with Southern Selliben Trust (Three Rivers PTC Limited as trustee) to borrow up to 14 million Namib Minerals shares, with an obligation to redeliver equivalent shares by the Longstop Date, secured by a security interest. The loan carries a $50,000 fee and 13% annual interest, and Khumalo intends to use 3 million Earnout Shares from the 2024 Business Combination Agreement to satisfy redelivery.
How do I read a SCHEDULE 13D/A?
A report the company filed with the SEC (the US market regulator). Start with the summary, then the key amounts and names. Compare it with the company’s earlier filings.
Why are SEC filings important?
Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A SCHEDULE 13D/A (schedule 13d/a): A report the company filed with the SEC (the US market regulator).
How did NAMM stock react to this filing?
NAMM closed at $1.51 before the filing and $1.56 on Aug 24, 2026 (+3.31%). Five trading days later: $1.41 (-6.62%).
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