{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-054183","form_type":"8-K","ticker":"EMAT","cik":"0001866226","company_name":"Evolution Metals & Technologies Corp.","filed_at":"2026-05-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.178469+00:00","generated_at":"2026-05-14T18:58:54.147959+00:00","sec_items":["1.01","2.03","3.02","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"confidence":"high","headline":"EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued","bullets":["Facility of up to $100M convertible debentures; initial tranche of $20M issued May 7, 2026, second $5.775M upon S-1 effectiveness.","Conversion at lower of $12.09 or 95% of 5-day VWAP; 5% interest; matures Nov 7, 2027; amortization events trigger monthly cash payments.","Proceeds to expand rare earth magnet production and develop a U.S. industrial campus; Phase I to be largest hydrometallurgical facility in Western Hemisphere.","Registration rights for 5.4M resale shares; Exchange Cap and 4.99% beneficial ownership limitation apply.","Clear Street LLC acted as sole advisor and placement agent on the transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-054183","json":"https://secwatch.observer/filing/0001213900-26-054183.json","markdown":"https://secwatch.observer/filing/0001213900-26-054183.md","text":"https://secwatch.observer/filing/0001213900-26-054183.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/ea0290073-8k_evolution.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T18:58:54.147959+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"}