Highest-materiality recent filing
Agreement with Senri Trading for NdPr metal from SRE Vietnam (Tokai subsidiary), a non-China source.
EMAT reports Q1 GAAP net loss of $440.3M on $425M non-cash charge; adjusted loss $15.1M
Adjusted net loss of $15.1M ($0.02/share) vs $2.5M in Q1 2025; GAAP net loss $440.3M including $425.2M non-cash fair-value charge.
EMAT reports Q1 2026 net loss of $441.6M, expects Nasdaq non-compliance notice for delayed 10-Q
Net loss of $441.6M ($0.72 diluted EPS) driven by $425.2M non-cash fair value change on financial instruments.
EM&T signs 13-machine ULVAC deal to boost rare earth magnet capacity to 10,000 tonnes/yr
Binding purchase orders with ULVAC Korea for 13 high-performance sintered magnet machines.
EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued
Facility of up to $100M convertible debentures; initial tranche of $20M issued May 7, 2026, second $5.775M upon S-1 effectiveness.
Evolution Metals LLC reports $618M net loss for 2025; going concern warning issued
Net loss of $617,996,000 for 2025, compared to $58,962,000 loss from Feb 2024 inception to Dec 2024.
Merger closed Jan 5, 2026; WTMA renamed to Evolution Metals & Technologies Corp. (EMAT) and trades on Nasdaq.
Evolution Metals & Technologies closes de-SPAC merger with $4.76B consideration
Business combination completed Jan 5, 2026; now trading on Nasdaq under EMAT.
Welsbach Technology Metals extends business combination deadline to March 30, 2026; no redemptions
Stockholders approved charter and trust amendments to extend Combination Period from Dec 30, 2025 to March 30, 2026.
WTMA stockholders approve extension to December 30, 2025 for business combination
Stockholders approved extension of business combination deadline to December 30, 2025; no deposit to trust.
Welsbach SPAC reports Evolution Metals-led group wins UCC foreclosure of Camston Wrather assets
Collateral agent conducted UCC foreclosure sale Sept 12, 2025 of Camston Wrather LLC equipment.
WTMA stockholders approve business combination with Evolution Metals LLC; redemptions of $5.48M
Stockholders approved Merger Agreement and all 13 governance proposals; 2.2M votes FOR, 0 AGAINST.
WTMA amends Evolution Metals merger agreement, terminates prior Critical Mineral Recovery deal
Amendment No.5 acknowledges termination of prior deal to acquire Critical Mineral Recovery, removes related step transactions.
WTMA terminates CMR merger agreement after missing June 30 close deadline
Terminated Amended and Restated Merger Agreement with Critical Mineral Recovery, Inc. on July 3, 2025.
WTMA shareholders approve merger with Evolution Metals; redemptions drain trust to $0.66M
Stockholders approved merger with Evolution Metals LLC at special meeting on June 26, 2025.
WTMA shareholders approve business combination with Evolution Metals
Approval obtained at extraordinary general meeting on June 26, 2025.
Non-redemption agreements with third-party holders covering up to 465,880 shares not redeemed.
WTMA extends merger with Evolution Metals to Sept 30, 2025; sets $4.16B merger consideration
Amendment No. 4 extends the Agreement End Date to September 30, 2025, from prior deadline.
Welsbach Technology Metals sets June 26 special meeting for Evolution Metals merger vote
New record date May 19, 2025; special meeting June 26, 2025 for business combination with Evolution Metals LLC.
SEC declares WTMA-Evolution Metals registration effective; combined co. to trade as EMAT
SEC declared effective the Form S-4 registration statement for WTMA's business combination with Evolution Metals on May 14, 2025.
WTMA amends merger; adds CMR deal with $125M cash, 22.5M shares; board set at 6 directors
New CMR Merger Agreement: CMR shareholders to receive 22.5M New EM shares, $125M cash, plus up to $50M to repay debt.
Nasdaq notified WTMA on Dec 31, 2024, that it failed IM-5101-2 requiring business combination within 36 months of IPO (deadline Dec 27, 2024).
Amended merger agreement with Evolution Metals; WTMA to become Evolution Metals & Technologies Corp.
WTMA enters $5.96B merger with Evolution Metals, renames to Evolution Metals & Technologies
Merger consideration totals ~$5.96B: $5.1B in stock to William David Wilcox Jr., $829M stock and $25M cash to minority equityholders.
WTMA and Evolution Metals sign term sheet with BCG for $500M PIPE, $6.2B debt facility
BCG to provide $500M anchor PIPE (25% of $2B target) at $6.2B pre-money valuation for EM&T.
Welsbach Tech Metals extends deadline to June 2025; ~1.09M shares redeemed for $12.2M
Shareholders approved extension of combination deadline to June 30, 2025 with no additional trust contribution.
Welsbach Technology Metals Acquisition Corp. to Merge with Evolution Metals LLC
Definitive agreement signed April 1, 2024 for Welsbach (WTMA) to acquire Evolution Metals LLC via merger.
Target Evolution Metals develops an alternative critical materials supply chain including EV battery and rare earth materials.
Welsbach Technology Metals SPAC signs binding LOI to acquire Evolution Metals
WTMA (NASDAQ: WTMA) executed binding letter of intent for business combination with Evolution Metals LLC.
Nasdaq notified WTMA on Dec 7, 2023 that it fails to maintain $50M market value of listed securities on Global Market.
Welsbach Technology Metals receives Nasdaq delisting notice for failing minimum holder count
Received Nasdaq letter on Oct 9, 2023 for non-compliance with Rule 5450(a)(2) requiring at least 400 total holders.
Welsbach Technology Metals extends deadline to June 30, 2024; holders redeem 1.46M shares for $15.8M
Stockholders approved charter and trust amendments extending business combination deadline to June 30, 2024, with no trust contribution.
Special meeting postponed from Sept 28 to Sept 29, 2023 at 2:00 p.m. ET to vote on extension of business combination deadline.
and Mr. Andrew Switaj resigned from his position as director, and chair of the Compensation Committee, member of the Audit Committee, and member of the Special Committee of the of Board of Directors of the Company, effectively immediately on March 18, 2024
On March 18, 2024, Ms. Emily King resigned from her position as director, and a member of the Audit Committee, member of the Compensation Committee, and member of the Special Committee of the Board of Directors of the Company, effective immediately on March 18, 2024
On July 19, 2024, the Board appointed the New Director to serve as an independent director of the Company, and member of the Company’s Audit Committee and Compensation Committee
On July 12, 2024, the Board appointed the New Director to serve as an independent director of the Company, and member of the Company’s Audit Committee and Compensation Committee.
Mr. Andrew Switaj resigned from his position as director
On March 18, 2024, Ms. Emily King resigned from her position as director
Mr. Andrew Switaj resigned from his position as director, and a member of the Audit Committee and Compensation Committee of the Board of Directors of the Company, effective immediately March 18, 2024
On March 18, 2024, Ms. Emily King resigned from her position as director, and a member of the Audit Committee and Compensation Committee of the of Board of Directors of the Company, effective immediately March 18, 2024
On October 16, 2023, the Board appointed the New Directors to serve as independent directors of the Company, and members of the Company’s Audit Committee and Compensation Committee.
On October 11, 2023, Mr. Matthew T. Mrozinski resigned from his position as director, and a member of the Audit Committee and chair of the Compensation Committee of the Board, effective on October 13, 2023
On October 16, 2023, the Board appointed the New Directors to serve as independent directors of the Company, and members of the Company’s Audit Committee and Compensation Committee.
and Dr. Ralph Welpe resigned from his position as director, and chair of the Audit Committee and member of the Compensation Committee of the of Board, effective immediately on October 11, 2023.
Max materiality 0.90 · Median 0.65 · Most common event other_material