Welsbach Tech Metals extends deadline to June 2025; ~1.09M shares redeemed for $12.2M

Evolution Metals & Technologies Corp.

Shareholders approved extension of combination deadline to June 30, 2025 with no additional trust contribution.
Holders of 1,090,062 shares redeemed at ~$11.17/share for ~$12.18M; trust account remaining ~$12.10M.
Non-redemption agreements for 1,125,000 shares; Sponsor to issue 337,500 MergeCo shares upon business combination.
Working capital loan from Sponsor increased to ~$1.1M; new $177,773 note convertible at $10/unit.
Trust account will not be used to pay potential excise taxes or dissolution expenses.

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