TMC closes $85.2M private placement with Korea Zinc and $37M direct offering

TMC the metals Co Inc.

Closed private placement with Korea Zinc on June 25, 2025: 19,623,376 shares and warrant for 6,868,181 shares; gross proceeds $85.2M.
Closed registered direct offering: 12,333,333 shares and Class C warrants for 12,333,333 shares; gross proceeds $37.0M.
Cash balance after closings approximately $122.8M as of June 30, 2025.
Warrant exercise proceeds (if any) not included in the gross proceeds reported.

item 8.01

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