MP Materials (MP) SC 13D MP Materials Corp. / DE / QVT Financial ownership change

Exhibit 1

Agreement of Joint Filing

Pursuant to 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, the undersigned persons hereby agree to file with the Securities and Exchange Commission the Statement on Schedule 13D (the “Statement”) to which this Agreement is attached as an exhibit, and agree that such Statement, as so filed, is filed on behalf of each of them.

IN WITNESS WHEREOF, the undersigned have executed this Agreement.

Dated: November 27, 2020

QVT FINANCIAL LP
By: QVT Financial GP LLC, its General Partner
By:	/s/ Daniel Gold
	Name: Daniel Gold
	Title: Managing Member
By:	/s/ Meg Eisner
	Name: Meg Eisner
	Title: Authorized Signatory
QVT FINANCIAL GP LLC
By:	/s/ Daniel Gold
	Name: Daniel Gold
	Title: Managing Member
By:	/s/ Meg Eisner
	Name: Meg Eisner
	Title: Authorized Signatory
FOURTH AVENUE CAPITAL PARTNERS GP LLC
By:	/s/ Daniel Gold
	Name: Daniel Gold
	Title: Managing Member

SARATOGA PARK LTD.
By:	/s/ Daniel Gold
	Name: Daniel Gold
	Title: Director
FOURTH AVENUE FF OPPORTUNITIES LP – SERIES E
By: Fourth Avenue Capital Partners GP LLC, its General Partner
By:	/s/ Daniel Gold
	Name: Daniel Gold
	Title: Managing Member

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Appendix A

Covered Persons

Name of Covered Person	Principal Business Address	Principal Occupation
Daniel Gold	QVT Financial LP 444 Madison Avenue, 21st Floor New York, New York 10022	Investment Management
Nicholas Brumm	QVT Financial LP 444 Madison Avenue, 21st Floor New York, New York 10022	Investment Management
Arthur Chu	QVT Financial LP 444 Madison Avenue, 21st Floor New York, New York 10022	Investment Management
Tracy Fu	QVT Financial LP 444 Madison Avenue, 21st Floor New York, New York 10022	Investment Management

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