---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-002593"
form_type: "8-K"
ticker: "TMC"
cik: "0001798562"
company_name: "TMC the metals Co Inc."
filed_at: "2025-01-10T23:59:59+00:00"
generated_at: "2026-05-28T05:25:28.922589+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# TMC receives Nasdaq deficiency notice for bid price below $1; 9 consecutive days above

## Summary
- Nasdaq notified TMC on Jan 6, 2025 that its common shares' closing bid price was below $1.00 for 34 consecutive trading days.
- Company has until July 7, 2025 to regain compliance by closing at $1.00+ for at least 10 consecutive trading days.
- Closing bid price has exceeded $1.00 for the nine consecutive trading days from Dec 27, 2024 through filing date.
- TMC previously received similar notices in Dec 2022 and Apr 2023 and regained compliance during both grace periods.
- Notice has no immediate effect on listing or trading of TMC common shares or warrants (TMCWW).

## SEC filing metadata
- accession: 0001104659-25-002593
- form_type: 8-K
- ticker: TMC
- cik: 0001798562
- company_name: TMC the metals Co Inc.
- filed_at: 2025-01-10T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1798562/000110465925002593/0001104659-25-002593-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1798562/000110465925002593/tm2431734d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-002593
- JSON: https://secwatch.observer/filing/0001104659-25-002593.json
- Plain text: https://secwatch.observer/filing/0001104659-25-002593.txt

## Key facts
- Listing & Compliance Notices
  TMC the metals Co Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1), 5810(c)(3)(A)
  source text: January 6, 2025, TMC the metals company Inc. (the “Company”) received a written notice from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the closing bid price of the Company’s common shares (the “Com
  evidence_url: https://www.sec.gov/Archives/edgar/data/1798562/000110465925002593/0001104659-25-002593-index.htm

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