---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-002967"
form_type: "8-K"
ticker: "EMAT"
cik: "0001866226"
company_name: "Evolution Metals & Technologies Corp."
filed_at: "2023-10-11T23:59:59+00:00"
generated_at: "2026-06-10T01:49:01.209895+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Welsbach Technology Metals receives Nasdaq delisting notice for failing minimum holder count

## Summary
- Received Nasdaq letter on Oct 9, 2023 for non-compliance with Rule 5450(a)(2) requiring at least 400 total holders.
- Has 45 calendar days to submit a compliance plan; if accepted, up to 180-day extension to regain compliance.
- Company intends to regain compliance but cannot assure success; appeal process available if plan rejected.
- Securities trade on Nasdaq under symbols WTMAU, WTMA, WTMAR; delisting risk if non-compliance continues.

## SEC filing metadata
- accession: 0001013762-23-002967
- form_type: 8-K
- ticker: EMAT
- cik: 0001866226
- company_name: Evolution Metals & Technologies Corp.
- filed_at: 2023-10-11T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866226/000101376223002967/0001013762-23-002967-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866226/000101376223002967/ea186603-8k_welsbach.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-002967
- JSON: https://secwatch.observer/filing/0001013762-23-002967.json
- Plain text: https://secwatch.observer/filing/0001013762-23-002967.txt

## Key facts
- Listing & Compliance Notices
  Evolution Metals & Technologies Corp. received a nasdaq deficiency notice notice regarding other (rules 5450(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Rules: 5450(a)(2)
  source text: October 9, 2023, Welsbach Technology Metals Acquisition Corp., (the “Company” or “WTMA”) received a letter (the “Notice”) from the Nasdaq Listing Qualifications department of Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company no longer complies with the requirements of Nasdaq Listing Rule 5450(a)(2) (the “Rule”) for continued listing on Nasdaq. Under the Rule, the Company is required to maintain at least 400 total holders (the “Total Holder Requirement”). The Notice indicates that the Company has 45 calendar days (the “Deadline”) to submit a plan (the “Compliance Plan”) to regain comp
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866226/000101376223002967/0001013762-23-002967-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.