secwatch / observer
8-K filed October 3, 2023, 7:59 PM ET ticker EMAT CIK 0001866226
other material confidence high sentiment neutral materiality 0.65

Welsbach Technology Metals extends deadline to June 30, 2024; holders redeem 1.46M shares for $15.8M

Evolution Metals & Technologies Corp.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

Evolution Metals & Technologies Corp.: Stockholders approved an amendment to the Company's amended and restated certificate of incorporation to extend the business combination deadline from September 30, 2023 to June 30, 2024 (effective 2023-09-29).

Change
charter amendment
Effective
2023-09-29
Exact text from the filing
As approved by its stockholders at the special meeting, on September 29, 2023, the Company filed a certificate of amendment to its amended and restated certificate of incorporation (the “Charter”) which became effective upon filing.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.4

Evolution Metals & Technologies Corp. entered into Non-Redemption Agreement with several unaffiliated third parties (the "Investors").

Action
entry
Counterparty
several unaffiliated third parties (the "Investors")
Exact text from the filing
the Sponsor and the Company have entered into Non-Redemption Agreements with several unaffiliated third parties (the "Investors") on substantially the same terms in exchange for their agreement to not redeem an aggregate of 2,432,185 ordinary shares in the Company at the Special Stockholder Meeting.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Evolution Metals & Technologies Corp. entered into Working Capital Note with Welsbach Acquisition Holdings LLC (the "Sponsor") valued at $22,000 (effective 2023-09-28).

Action
entry
Counterparty
Welsbach Acquisition Holdings LLC (the "Sponsor")
Value
$22,000
Effective
2023-09-28
Exact text from the filing
On September 28, 2023, the Company issued a promissory note (the "Working Capital Note") in the principal amount of $22,000 to the Sponsor in exchange for cash for an aggregate total Working Capital Loan of $484,000 as of the date hereof.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Evolution Metals & Technologies Corp. amended Investment Management Trust Agreement with Continental Stock Transfer & Trust Company (effective 2023-09-29).

Action
amendment
Counterparty
Continental Stock Transfer & Trust Company
Effective
2023-09-29
Exact text from the filing
on September 29, 2023, Welsbach Technology Metals Acquisitions Corp. (the "Company" or "WTMA") and Continental Stock Transfer & Trust Company entered into an amendment to the Investment Management Trust Agreement, dated September 29, 2023, by and between Continental Stock Transfer & Trust Company and the Company (the "Trust Agreement").
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Evolution Metals & Technologies Corp. shareholders approved Amend the Charter to extend the Combination Period from September 30, 2023 to up to June 30, 2024 at the 2023-09-29 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2023-09-29
Exact text from the filing
The stockholders approved the proposal to amend (the “Charter Amendment”) the Company’s Charter by allowing the Company to extend (the “Extension”) the date by which it has to consummate a business combination (the “Combination Period”) with a target (the “Target”) for up to an additional nine months, from September 30, 2023, to up to June 30, 2024.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Evolution Metals & Technologies Corp. shareholders approved Amend the Trust Agreement to extend the Combination Period for up to an additional nine months to June 30, 2024 at the 2023-09-29 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2023-09-29
Exact text from the filing
The stockholders approved the proposal to amend (the “Trust Amendment” and together with the Charter Amendment, the “Extensions”) the Trust Agreement, allowing the Company to extend the Combination Period for up to an additional nine months, from September 30, 2023, to up to June 30, 2024 (the “Trust Amendment”), for no contribution to the trust account.
View on SEC.gov

42 governance changes filed in the last 30 days. Browse all governance changes →

Evolution Metals & Technologies Corp. filing history →

Source: SEC EDGAR
accession 0001013762-23-000737
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