SCHEDULE: Vanguard Group Discloses 5.5% Stake in Piedmont Lithium

The Vanguard Group has reported a 5.5% beneficial ownership stake in Piedmont Lithium Inc., holding 1,209,104 shares of common stock as of June 30, 2025.

Summary

• The Vanguard Group, an investment adviser, reported beneficial ownership of 1,209,104 shares of Piedmont Lithium Inc. common stock.
• This ownership represents 5.50% of Piedmont Lithium Inc.'s outstanding common stock.
• The beneficial ownership was reported as of June 30, 2025, the date of the event requiring this statement.
• Vanguard holds sole dispositive power over 1,183,635 shares and shared dispositive power over 25,469 shares.
• Vanguard holds shared voting power over 19,341 shares and no sole voting power.

Sentiment

Score: 6

Explanation: The disclosure of a significant stake by a major institutional investor like Vanguard is generally viewed as a positive signal of confidence in the company, although the filing itself is purely factual and not a performance report.

Positives

• The disclosure of a significant stake (5.5%) by a major institutional investor like The Vanguard Group can be viewed positively by the market, potentially indicating confidence in Piedmont Lithium Inc.

Negatives

• No specific negative information is contained within this beneficial ownership report.

Risks

• This beneficial ownership report does not contain information regarding the risks associated with Piedmont Lithium Inc.'s operations or financial performance.

Future Outlook

No future outlook or guidance from Piedmont Lithium Inc. is provided in this beneficial ownership report.

Management Comments

• The securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.

Industry Context

This filing primarily reflects an investment decision by The Vanguard Group and does not provide broader industry context for the lithium sector or Piedmont Lithium's competitive position.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake may increase investor confidence and potentially influence trading activity.

Key Dates

Keywords

Piedmont Lithium Inc, Vanguard Group, beneficial ownership, Schedule 13G, common stock, institutional investor, lithium, equity stake