{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-023295","form_type":"8-K","ticker":"TMC","cik":"0001798562","company_name":"TMC the metals Co Inc.","filed_at":"2023-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.580169+00:00","generated_at":"2026-06-19T08:10:14.267945+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"TMC issues 10.85M shares to Allseas to settle $10M pilot test payment","bullets":["Issued 10,850,000 common shares at $1.00/share to Allseas for successful completion of pilot mining test.","Shares in lieu of cash; fully satisfies $10M payment and all other amounts owed under the agreement.","Fifth Amendment effective Feb 8, 2023; completion certificate for PMTS achieved.","Allseas acknowledges no further cash payments due; shares to be issued within 10 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-023295","json":"https://secwatch.observer/filing/0001104659-23-023295.json","markdown":"https://secwatch.observer/filing/0001104659-23-023295.md","text":"https://secwatch.observer/filing/0001104659-23-023295.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1798562/000110465923023295/0001104659-23-023295-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1798562/000110465923023295/tm237199d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T08:10:14.267945+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cf126ad844c13733e60f67feabf3fb39fe4aa7b6","claim":"TMC the metals Co Inc. amended Fifth Amendment to Pilot Mining Test Agreement and Third Amendment to Strategic Alliance Agreement with Allseas Group S.A valued at 10,850,000 common shares priced at $1.00 per share (effective 2023-02-08).","evidence_excerpt":"On February 13, 2023, TMC the metals company Inc. (the “Company”) entered into a Fifth Amendment to Pilot Mining Test Agreement and Third Amendment to Strategic Alliance Agreement (“Fifth Amendment”), which is effective as of February 8, 2023, with DeepGreen Engineering Pte Ltd, DeepGreen Metals Inc. and Allseas Group S.A (“Allseas”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1798562/000110465923023295/0001104659-23-023295-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Counterparty","value":"Allseas Group S.A"},{"label":"Value","value":"10,850,000 common shares priced at $1.00 per share"},{"label":"Effective","value":"2023-02-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}