---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-102840"
form_type: "8-K"
ticker: "ELMT"
cik: "0002101698"
company_name: "Elmet Group Co."
filed_at: "2026-09-24T11:30:18+00:00"
generated_at: "2026-09-24T11:35:16.732466+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Elmet Group to buy 4.99% of Masan High-Tech for $124.75M, board seat

## Summary
- Elmet Group (ELMT) enters SPA to acquire 55,138,174 MSR shares (4.99%) for ~$124.75M; closing expected Oct 1, 2026.
- Break fee of $24.95M if either party fails to close by long stop date; settlement expected Oct 5, 2026.
- Shareholders' agreement: ELMT gets one Masan board seat, 80% dividend payout target for 3 years, 18-month lock-up.
- Commercial agreements: MSR to supply mined tungsten from Nui Phao Mine and conversion services; offtake deals signed before closing.
- Follows US government's $450M investment in ELMT announced Sept 14, 2026; supports MSR uplisting to Hanoi exchange.

## SEC filing metadata
- accession: 0001213900-26-102840
- form_type: 8-K
- ticker: ELMT
- cik: 0002101698
- company_name: Elmet Group Co.
- filed_at: 2026-09-24T11:30:18+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2101698/000121390026102840/0001213900-26-102840-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2101698/000121390026102840/ea0306067-8k_elmet.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-102840
- JSON: https://secwatch.observer/filing/0001213900-26-102840.json
- Plain text: https://secwatch.observer/filing/0001213900-26-102840.txt

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