Evolution Metals & Technologies closes de-SPAC merger with $4.76B consideration

Evolution Metals & Technologies Corp.

Business combination completed Jan 5, 2026; now trading on Nasdaq under EMAT.
Merger consideration of $4,759,622,900 in WTMA common stock delivered to David Wilcox.
EM acquired four Korean companies (Handa Lab, KCM, KMMI, NS World) as part of the transaction.
Entered $80M unsecured bridge loan at 6% fixed rate, matures five business days after closing; proceeds for general corporate purposes.
New Executive Chairman David Wilcox (base salary $1.5M, options for 13.8M shares) and new CEO Frank Moon (base salary $1.5M, options for 4.6M shares).

item 1.01 item 2.01 item 5.02 item 9.01 item 2.03 item 3.02 item 3.03 item 5.01 item 5.03 item 5.05 item 5.06 item 7.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001213900-26-002600
form_type: 8-K
ticker: EMAT
cik: 0001866226
company_name: Evolution Metals & Technologies Corp.
filed_at: 2026-01-09T23:59:59+00:00
discovered_at: 2026-05-14T18:02:36.607910+00:00
generated_at: 2026-05-16T11:06:05.293727+00:00
sec_items: ["1.01", "2.01", "5.02", "9.01", "2.03", "3.02", "3.03", "5.01", "5.03", "5.05", "5.06", "7.01"]
event_type: m_and_a
sentiment: positive
materiality_score: 0.85
confidence: high
secwatch_canonical_url: https://secwatch.observer/filing/0001213900-26-002600
json_url: https://secwatch.observer/filing/0001213900-26-002600.json
markdown_url: https://secwatch.observer/filing/0001213900-26-002600.md
text_url: https://secwatch.observer/filing/0001213900-26-002600.txt
edgar_index_url: https://www.sec.gov/Archives/edgar/data/1866226/000121390026002600/0001213900-26-002600-index.htm
edgar_primary_document_url: https://www.sec.gov/Archives/edgar/data/1866226/000121390026002600/ea0267117-8k_evolution.htm
generated_by_model: deepseek-v4-flash:cloud@v2
review_status: machine_generated
human_reviewed: false
corrected: false
correction_note: null
correction_timestamp: null
superseded_by: null

JSON Markdown Plain text

Source: SEC EDGAR

accession 0001213900-26-002600

view filing index on sec.gov

view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.