{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-036749","form_type":"8-K/A","ticker":"EMAT","cik":"0001866226","company_name":"Evolution Metals & Technologies Corp.","filed_at":"2026-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.607705+00:00","generated_at":"2026-05-15T08:14:17.584873+00:00","sec_items":["2.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"confidence":"high","headline":"Evolution Metals LLC reports $618M net loss for 2025; going concern warning issued","bullets":["Net loss of $617,996,000 for 2025, compared to $58,962,000 loss from Feb 2024 inception to Dec 2024.","Cash of $11.685M and working capital deficit of $659.955M as of Dec 31, 2025.","Auditor UHY LLP expressed substantial doubt about ability to continue as a going concern.","Business combination with Welsbach closed Jan 5, 2026, but without significant external financing at closing.","Management actively pursuing additional capital to fund operations and growth initiatives."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-036749","json":"https://secwatch.observer/filing/0001213900-26-036749.json","markdown":"https://secwatch.observer/filing/0001213900-26-036749.md","text":"https://secwatch.observer/filing/0001213900-26-036749.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026036749/0001213900-26-036749-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026036749/ea0283549-8ka2_evolution.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:14:17.584873+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}