{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-119254","form_type":"8-K","ticker":"TMC","cik":"0001798562","company_name":"TMC the metals Co Inc.","filed_at":"2024-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.668355+00:00","generated_at":"2026-05-30T00:34:16.053640+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"TMC Q3 net loss $20.5M ($0.06/share), registers $17.5M offering; NORI targets June 2025 ISA application","bullets":["Net loss of $20.5M ($0.06/share) vs $12.5M ($0.04) in Q3 2023.","Registered direct offering raised min $17.5M at $1.00/share, 50% warrant coverage at $2.00/share, led by largest non-affiliate institutional holder.","NORI sets June 27, 2025 for ISA exploitation application; expects quarterly cash use <$5M during application review.","Cash at Sep 30, 2024: $0.4M; total liquidity ~$63M including $17.5M offering proceeds and $10.5M increase in credit facilities.","Exploration expenses $11.8M (up from $7.9M), G&A $8.1M (up from $4.6M), driven by share-based comp and personnel."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-119254","json":"https://secwatch.observer/filing/0001104659-24-119254.json","markdown":"https://secwatch.observer/filing/0001104659-24-119254.md","text":"https://secwatch.observer/filing/0001104659-24-119254.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1798562/000110465924119254/0001104659-24-119254-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1798562/000110465924119254/tm2422285d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T00:34:16.053640+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"}