{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-048499","form_type":"8-K","ticker":"TMC","cik":"0001798562","company_name":"TMC the metals Co Inc.","filed_at":"2025-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.755933+00:00","generated_at":"2026-05-21T09:46:18.966205+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"TMC Q1 net loss $20.6M; $37M strategic investment; first-ever commercial recovery permit filed","bullets":["Q1 net loss $20.6M ($0.06 loss per share) vs $25.1M loss YoY; cash $2.3M, total liquidity $43.8M including credit facility.","Registered direct offering raising $37M gross (12.3M shares at $3.00) led by Hess and Paes-Braga, with 3-year warrants at $4.50.","TMC USA submitted first-ever commercial recovery permit application under U.S. DSHMRA on April 29, 2025, ahead of schedule.","President Trump signed Executive Order on April 24 directing expedited deep-sea mining permitting; CEO testified to House committee.","Appointed Rutger Bosland as CIOTO; PAMCO smelted 450 tonnes of nodules into NiCuCo alloy and Mn silicate at scale."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-048499","json":"https://secwatch.observer/filing/0001104659-25-048499.json","markdown":"https://secwatch.observer/filing/0001104659-25-048499.md","text":"https://secwatch.observer/filing/0001104659-25-048499.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1798562/000110465925048499/0001104659-25-048499-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1798562/000110465925048499/tm2515090d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T09:46:18.966205+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"}