---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-097565"
form_type: "8-K"
ticker: "EMAT"
cik: "0001866226"
company_name: "Evolution Metals & Technologies Corp."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:08:38.396168+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# WTMA enters $5.96B merger with Evolution Metals, renames to Evolution Metals & Technologies

## Summary
- Merger consideration totals ~$5.96B: $5.1B in stock to William David Wilcox Jr., $829M stock and $25M cash to minority equityholders.
- Post-closing entity renamed Evolution Metals & Technologies Corp.; new board of five directors with Wilcox as Executive Chairman.
- Conditions: stockholder/equityholder approvals, SEC effectiveness of S-4, Nasdaq listing, net tangible assets ≥ $5M, no MAE.
- Termination can be by mutual consent or if closing fails by June 30, 2025.
- EM waives claims against WTMA's trust account; Sponsor and Company Equityholder enter support/lock-up agreements.

## SEC filing metadata
- accession: 0001213900-24-097565
- form_type: 8-K
- ticker: EMAT
- cik: 0001866226
- company_name: Evolution Metals & Technologies Corp.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866226/000121390024097565/0001213900-24-097565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866226/000121390024097565/ea0219264-8k425_welsbach.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-097565
- JSON: https://secwatch.observer/filing/0001213900-24-097565.json
- Plain text: https://secwatch.observer/filing/0001213900-24-097565.txt

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