UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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Item 7.01 Regulation FD Disclosure
On July 6, 2026, we released the press release furnished herewith as Exhibit 99.1.
Item 8.01 Other Events
On July 6, 2026, Idaho Copper Corporation, a Nevada corporation (the “Company”), closed its underwritten public offering (the “Offering”) of 3,712,000 shares of common stock, par value $0.001 per share (the “Common Stock”) and accompanying warrants to purchase 3,712,000 shares of Common Stock, exercisable at a price of $5.75 per share (the “Warrants”). The Common Stock and the Warrants were offered by the Company pursuant to a registration statement on Form S-1, as amended (File No. 333-290746), filed with the Securities and Exchange Commission (the “Commission”), which was declared effective by the Commission on July 1, 2026. A final prospectus relating to the Offering was filed with the Commission on July 6, 2026.
Under the terms of an underwriting agreement (the “Underwriting Agreement”) with ThinkEquity, LLC, as representative of the underwriters, the Company sold an aggregate total of 3,712,000 shares of Common Stock and 3,712,000 accompanying Warrants at a public offering price of $4.85 per share and accompanying Warrant, for a total Offering amount of approximately $18 million. The Company also granted the underwriters a 45-day option to purchase up to an additional 556,800 shares of Common Stock and/or an additional 556,800 Warrants. On July 2, 2026, the underwriters exercised their option to purchase all of the 556,800 additional Warrants.
The net proceeds to the Company from the Offering, after deducting discounts, the underwriters’ expense allowance, and offering expenses, were approximately $16 million. The Company anticipates using the net proceeds from the Offering for completion of an updated Preliminary Economic Assessment, the first phase of preliminary work of a Prefeasibility Study, and general corporate purposes and working capital.
In connection with the Offering, the Common Stock and the Warrants were listed on the NYSE American stock exchange and commenced trading on July 2, 2026. The Company’s Common Stock is traded under the symbol COPR and the Warrants are traded under the symbol COPR WS.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press Release | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: July 6, 2026
| IDAHO COPPER CORPORATION | ||
| By: | /s/ Robert Scannell | |
| Name: | Robert Scannell | |
| Title: | Chief Financial Officer | |