{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-099119","form_type":"8-K","ticker":"TMC","cik":"0001798562","company_name":"TMC the metals Co Inc.","filed_at":"2024-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.555315+00:00","generated_at":"2026-05-31T05:16:37.283886+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"TMC enters $5M working capital loan from Allseas Investments, matures April 2025","bullets":["Loan of $5 million from Allseas Investments SA, a related party, for general corporate purposes and to repay a $2M short-term loan from Argentum.","$2,047,111.11 of the loan proceeds were paid directly to Argentum to settle the matured short-term loan.","Interest at 6-month annualized SOFR plus a 4.0% margin, payable in two installments (Jan 2, 2025 and Apr 1, 2025); deferred option at +5.0% margin.","Loan is unsecured, matures April 1, 2025, and may be prepaid without penalty; lender can accelerate on a Change of Control."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-099119","json":"https://secwatch.observer/filing/0001104659-24-099119.json","markdown":"https://secwatch.observer/filing/0001104659-24-099119.md","text":"https://secwatch.observer/filing/0001104659-24-099119.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1798562/000110465924099119/0001104659-24-099119-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1798562/000110465924099119/tm2423852d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:16:37.283886+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}