---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-111183"
form_type: "8-K"
ticker: "TMC"
cik: "0001798562"
company_name: "TMC the metals Co Inc."
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:36:21.599335+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# TMC increases working capital loan from Allseas from $5M to $7.5M

## Summary
- Amended working capital loan with Allseas Investments SA: loan amount increased from $5M to $7.5M.
- Additional $2.5M for general corporate purposes; $1.2M advanced Oct 18, $1.3M advanced Oct 21, 2024.
- Original loan agreement dated September 9, 2024; amendment executed October 18, 2024.
- Lender Allseas Investments SA is a Swiss corporation; terms otherwise unchanged.

## SEC filing metadata
- accession: 0001104659-24-111183
- form_type: 8-K
- ticker: TMC
- cik: 0001798562
- company_name: TMC the metals Co Inc.
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1798562/000110465924111183/0001104659-24-111183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1798562/000110465924111183/tm2426755d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-111183
- JSON: https://secwatch.observer/filing/0001104659-24-111183.json
- Plain text: https://secwatch.observer/filing/0001104659-24-111183.txt

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