---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-003038"
form_type: "8-K/A"
ticker: "EMAT"
cik: "0001866226"
company_name: "Evolution Metals & Technologies Corp."
filed_at: "2026-01-09T23:59:59+00:00"
generated_at: "2026-05-16T11:05:59.217281+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Evolution Metals completes business combination with WTMA, changes name to EMAT and closes $80M bridge loan

## Summary
- Merger closed Jan 5, 2026; WTMA renamed to Evolution Metals & Technologies Corp. (EMAT) and trades on Nasdaq.
- Consideration valued at ~$4.76B; David Wilcox received shares worth $61.9M in Step 7 Merger.
- EM also acquired four Korean companies: Handa Lab, KCM, KMMI, NS World for aggregate purchase of $48.1M, deferred.
- Bridge loan of $80M at 6.00% p.a., maturing 5 business days after closing, unsecured for general corporate purposes.
- Lock-up agreements: EM equityholders locked up until third anniversary; Korean equityholders locked up 7 days post-closing.

## SEC filing metadata
- accession: 0001213900-26-003038
- form_type: 8-K/A
- 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: 0.9
- confidence: high
- sec_items: 3.03, 1.01, 2.01, 5.02, 9.01, 2.03, 3.02, 5.01, 5.03, 5.05, 5.06, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866226/000121390026003038/0001213900-26-003038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866226/000121390026003038/ea0272376-8ka1_evolution.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-003038
- JSON: https://secwatch.observer/filing/0001213900-26-003038.json
- Plain text: https://secwatch.observer/filing/0001213900-26-003038.txt

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