Welsbach Tech Metals Files 8-K
Ticker: EMAT · Form: 8-K · Filed: Jun 20, 2024 · CIK: 1866226
| Field | Detail |
|---|---|
| Company | Welsbach Technology Metals Acquisition CORP. (EMAT) |
| Form Type | 8-K |
| Filed Date | Jun 20, 2024 |
| Risk Level | low |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-filing, 8-K
TL;DR
Welsbach Tech Metals filed an 8-K on 4/18 detailing stock structure & addresses.
AI Summary
Welsbach Technology Metals Acquisition Corp. filed an 8-K on April 18, 2024, reporting on other events and financial statements. The filing details the company's structure, including common stock and rights, and provides its business and mailing addresses in Chicago, IL.
Why It Matters
This filing provides an update on Welsbach Technology Metals Acquisition Corp.'s corporate structure and reporting status, which is important for investors tracking the company's activities.
Risk Assessment
Risk Level: low — This filing is a routine corporate disclosure and does not appear to contain significant new risks.
Key Players & Entities
- Welsbach Technology Metals Acquisition Corp. (company) — Registrant
- April 18, 2024 (date) — Date of earliest event reported
- Chicago, IL (location) — Business and mailing address
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on other events and financial statements of Welsbach Technology Metals Acquisition Corp.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on April 18, 2024.
What is the company's state of incorporation?
The company, Welsbach Technology Metals Acquisition Corp., is incorporated in Delaware.
Where are the company's business and mailing addresses located?
The company's business and mailing addresses are located at 4422 N. RAVENSWOOD AVE #1025, CHICAGO, IL 60640.
What are the components of the company's units as described in the filing?
The company's units consist of one share of common stock with a par value of $0.0001 and one right to receive one-tenth of one share of common stock.
Filing Stats: 1,665 words · 7 min read · ~6 pages · Grade level 17.1 · Accepted 2024-06-20 08:10:31
Key Financial Figures
- $0.0001 — onsisting of one share of Common Stock, $0.0001 par value, and one Right to receive one
Filing Documents
- ea0208121-8k_welsbach.htm (8-K) — 49KB
- ea020812101ex10-1_welsbach.htm (EX-10.1) — 90KB
- ea020812101ex99-1_welsbach.htm (EX-99.1) — 23KB
- 0001213900-24-054020.txt ( ) — 427KB
- wtma-20240418.xsd (EX-101.SCH) — 4KB
- wtma-20240418_def.xml (EX-101.DEF) — 28KB
- wtma-20240418_lab.xml (EX-101.LAB) — 38KB
- wtma-20240418_pre.xml (EX-101.PRE) — 27KB
- ea0208121-8k_welsbach_htm.xml (XML) — 9KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
01 Other Events
Item 8.01 Other Events. On April 5, 2024, Welsbach Technology Metals Acquisition Corp. (the "Company" or "WTMA") filed a Form 8-K announcing that the Company has entered into a merger agreement ("Merger Agreement") with Evolution Metals LLC, a Delaware company (" EM "). Form of Non-Redemption Agreement On May 29, 2024, the Company filed a definitive proxy statement on Schedule 14A ("Proxy Statement") for the purposes of calling a special meeting of the Company's stockholders (the "Meeting") to approve, among other proposals, an amendment to the Company's amended and restated certificate of incorporation to extend the date by which it has to consummate an initial business combination from June 30, 2024 to June 30, 2025 (the "Extension," such proposal, the "Extension Proposal"). In connection with the Meeting, the Company and Welsbach Acquisition Holdings LLC (the "Sponsor") intend to enter into non-redemption agreements ("Non-Redemption Agreements") with one or more unaffiliated third-party stockholders of the Company in exchange for such stockholders agreeing to not redeem a to-be-determined number of shares of common stock ("Non-Redeemed Shares") at the Meeting. J.V.B. Financial Group, LLC, acting through its Cohen & Company Capital Markets division ("CCM") will act as the Company's financial advisor and lead capital markets advisor. In exchange for the foregoing commitment to the Company to not redeem the Non-Redeemed Shares, WTMA and the Sponsor will agree to cause the surviving entity of any future WTMA initial business combination ("MergeCo") to issue to such shareholders a certain number of additional ordinary or common shares of MergeCo immediately following the consummation of an initial business combination, if they continue to hold such Non-Redeemed Shares through the Special Stockholder Meeting. The Non-Redemption Agreements, if entered into, are not expected to increase the likelihood that the Extension Proposal is approved by the Company's stock
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: June 20, 2024 Welsbach Technology Metals Acquisition Corp. By: /s/ Christopher Clower Name: Christopher Clower Title: Chief Operating Officer and Director 3