Evolution Metals & Technologies Corp. — fact timeline

Evolution Metals & Technologies Corp.: Amended charter to extend business combination deadline up to six months to September 30, 2023, with monthly $125,000 deposits (effective 2023-03-24).

“The stockholders approved the proposal to amend (the “Charter Amendment”) the Company’s Charter by allowing the Company to extend (the “Extension”) the date by which it has to consummate a business combination (the “Combination Period”) for up to an additional six months, from March 30, 2023 to up to September 30, 2023, by depositing into the trust account (the “trust account”) $125,000 for each additional one month extension (the “Extension Payment”) in exchange for a non-interest bearing, unsecured promissory note, convertible at the option of the holder, in full or in part, into units at a price of $10.00 per unit, which units will be identical to the private placement units issued in connection with the initial public offering of the Company’s units and repayable upon closing of a business combination (the “Extension Note”).”

Evolution Metals & Technologies Corp. shareholders approved Ratify the selection of UHY LLP as independent registered public accounting firm for fiscal year 2022 at the 2023-03-24 meeting.

“3. Auditor Proposal The stockholders ratified the selection by the Company’s audit committee of UHY LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022. The voting results were as follows: FOR AGAINST ABSTAIN 6,517,656 2,104,087 286,198”

Evolution Metals & Technologies Corp. shareholders approved Amend the Trust Agreement to extend the Combination Period up to September 30, 2023 at the 2023-03-24 meeting.

“2. Trust Amendment Proposal The stockholders approved the proposal to amend (the “Trust Amendment” and together with the Charter Amendment, the “Extensions”) the Trust Agreement, allowing the Company to extend the Combination Period for up to an additional six months, from March 30, 2023 to up to September 30, 2023 (the “Trust Amendment”), by depositing into the trust account the Extension Payment each additional one month extension in exchange for an Extension Note. The voting results were as follows: FOR AGAINST ABSTAIN 8,879,148 28,793 -0-”

Evolution Metals & Technologies Corp. shareholders approved Amend the Company's Charter to extend the Combination Period up to September 30, 2023 at the 2023-03-24 meeting.

“1. Charter Amendment Proposal The stockholders approved the proposal to amend (the “Charter Amendment”) the Company’s Charter by allowing the Company to extend (the “Extension”) the date by which it has to consummate a business combination (the “Combination Period”) for up to an additional six months, from March 30, 2023 to up to September 30, 2023, by depositing into the trust account (the “trust account”) $125,000 for each additional one month extension (the “Extension Payment”) in exchange for a non-interest bearing, unsecured promissory note, convertible at the option of the holder, in full or in part, into units at a price of $10.00 per unit, which units will be identical to the private placement units issued in connection with the initial public offering of the Company’s units and repayable upon closing of a business combination (the “Extension Note”). The voting results were as follows: FOR AGAINST ABSTAIN 8,879,148 28,793 -0-”

Evolution Metals & Technologies Corp. amended Agreement and Plan of Merger with WTMA Merger Subsidiary Corp. and WaveTech Group, Inc. valued at Amendment to Agreement and Plan of Merger extending performance deadline to April 30, 2023 and conse (effective 2023-03-24).

“On March 24, 2023, the Company, Merger Sub and WaveTech entered into an Amendment to Agreement and Plan of Merger (the “Merger Agreement Amendment” and together with the Original Merger Agreement, the “Merger Agreement”), which provides that, among other things, (i) the time for performance and satisfaction of the conditions to the parties’ obligations to consummate, or cause to be consummated, the Merger shall be extended to up to April 30, 2023, subject to the Company extending its time to consummate a business combination (the “Company Extension”) in connection with the Charter Amendment (as defined below) and the Trust Agreement and (ii) WaveTech consents to the amendments to the Trust Agreement and the Charter Amendment in connection with the Company Extension and the issuance of indebtedness in connection with the Company Extension.”

Evolution Metals & Technologies Corp. amended Investment Management Trust Agreement with Continental Stock Transfer & Trust Company valued at Amendment to Investment Management Trust Agreement regarding company extension (effective 2023-03-24).

“As approved by its stockholders at the special meeting (defined below), on March 24, 2023, Welsbach Technology Metals Acquisitions Corp. (the “Company” or “WTMA”) and Continental Stock Transfer & Trust Company entered into an amendment to the Investment Management Trust Agreement, dated March 24, 2023, by and between Continental Stock Transfer & Trust Company and the Company (the “Trust Agreement”).”