Welsbach SPAC reports Evolution Metals-led group wins UCC foreclosure of Camston Wrather assets

Evolution Metals & Technologies Corp.

Collateral agent conducted UCC foreclosure sale Sept 12, 2025 of Camston Wrather LLC equipment.
Syndicate of secured creditors (majority held by Evolution Metals LLC) acquired collateral via credit bid.
Camston Wrather had sought bankruptcy protection with ~$139M in secured debt.
Transaction provides creditor group control of equipment previously tied to bankrupt entity.

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