---
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"
generated_at: "2026-05-16T11:06:05.293727+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- confidence: high
- 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
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866226/000121390026002600/0001213900-26-002600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866226/000121390026002600/ea0267117-8k_evolution.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-002600
- JSON: https://secwatch.observer/filing/0001213900-26-002600.json
- Plain text: https://secwatch.observer/filing/0001213900-26-002600.txt

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