secwatch.observer — SEC 8-K summary
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Issuer:     TMC the metals Co Inc. (TMC)
CIK:        0001798562
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001104659-25-002593
Event type: regulatory
Sentiment:  negative
Materiality: 0.55
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1798562/000110465925002593/0001104659-25-002593-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1798562/000110465925002593/tm2431734d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-002593

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