Welsbach Tech Metals Files Proxy Statement

TL;DR

Welsbach Tech Metals (WTM) filed its DEF 14A proxy statement. Shareholders vote soon.

AI Summary

Welsbach Technology Metals Acquisition Corp. filed a definitive proxy statement (DEF 14A) on May 29, 2024, for its fiscal year ending December 31, 2024. The company, incorporated in Delaware, is involved in miscellaneous electrical machinery and equipment. The filing is related to the company's proxy materials, which are typically used for shareholder meetings to vote on corporate matters.

Why It Matters

This filing provides shareholders with essential information regarding upcoming votes and corporate governance decisions, allowing them to participate in the company's direction.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not contain new material financial information or strategic announcements.

Key Numbers

• DEF 14A — Filing Type (Definitive Proxy Statement)

Key Players & Entities

• Welsbach Technology Metals Acquisition Corp. (company) — Registrant
• 0001213900-24-047255 (filing_id) — Accession Number
• 20240529 (date) — Filing Date
• 1231 (date) — Fiscal Year End

FAQ

Key Financial Figures

• $11.15 — the trust account will be approximately $11.15 at the time of the special meeting. The
• $11.10 — f our common stock on May 28, 2024, was $11.10. We cannot assure our stockholders that
• $100,000 — franchise and income taxes (less up to $100,000 of interest to pay dissolution expenses
• $24.1 million — ficantly reduced from the approximately $24.1 million held in the trust account as of May 24,
• $10.00 — n the trust account to below (a) $10.00 per our common stock (or such higher am
• $11.12 — ares is anticipated to be approximately $11.12 (based on the amount in trust at May 24
• $11 — mpany liquidates, will not be less than $11.12, due to unforeseen claims of potenti

Filing Documents

• ea0206450-02.htm (DEF 14A) — 646KB
• tproxy_001.jpg (GRAPHIC) — 1901KB
• tproxy_002.jpg (GRAPHIC) — 1116KB
• 0001213900-24-047255.txt ( ) — 4802KB

From the Filing

DEF 14A 1 ea0206450-02.htm PROXY STATEMENT    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ SCHEDULE 14A ________________ Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant   Filed by a party other than the Registrant   Check the appropriate box:   Preliminary Proxy Statement   Confidential, for Use of the Commission Only (as permitted by Rule 14a -6 (e)(2))   Definitive Proxy Statement   Definitive Additional Materials   Soliciting Material under §240.14a -12 Welsbach Technology Metals Acquisitions Corp. (Name of Registrant as Specified In Its Charter) __________________________________________________________________ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box):   No fee required.   Fee paid previously with preliminary materials.   Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a -6 (i)(1) and 0 -11 .   Table of Contents Welsbach Technology Metals Acquisitions Corp. 4422 N. Ravenswood Ave #1025 Chicago, Illinois 60640 +1 (251) 280-1980 +65 9012 6332 NOTICE OF SPECIAL MEETING OF STOCKHOLDERS TO BE HELD JUNE 28, 2024 To the Stockholders of Welsbach Technology Metals Acquisitions Corp.: You are cordially invited to attend the special meeting (the “special meeting”) of stockholders of Welsbach Technology Metals Acquisitions Corp. (“Welsbach Technology Metals,” “WTMA,” the “Company,” “we,” “us” or “our”) to be held on June 28, 2024 at 10:00 a.m., Eastern time, a via live webcast at https: // www.cstproxy.com / wtmau / 2024 , or at such other date, time and/or place as shall be determined by one or more of the executive officers of the Company, to consider and vote upon the following proposals: •          Proposal No. 1 — The Charter Amendment Proposal  — a proposal to amend (the “Charter Amendment”) Welsbach Technology Metals’ amended and restated certificate of incorporation (the “Charter”) to allow us to extend (the “Extension”) the date by which we have to consummate a business combination (the “Combination Period”) for up to an additional twelve months, from June   30, 2024 (the date which is 30 months from the closing date of our initial public offering of our units (the “IPO”)) to up to June   30, 2025 for no contribution to the trust account (the “trust account”); •          Proposal No. 2 — The Trust Amendment Proposal  — a proposal to amend the Investment Management Trust Agreement, dated December   27, 2021, by and between Continental Stock Transfer & Trust Company and Welsbach Technology Metals (the “Trust Agreement”), allowing us to extend the Combination Period for up to an additional twelve months, from June   30, 2024 to up to June   30, 2025 (the “Trust Amendment” and together with the Charter Amendment, the “Extensions”); •          Proposal No. 3 — The Adjournment Proposal  — a proposal to approve the adjournment of the special meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Charter Amendment Proposal and the Trust Amendment Proposal. Each of the Charter Amendment Proposal and the Trust Amendment Proposal is cross -conditioned on the approval of each other. The Adjournment Proposal will only be presented at the special meeting if there are not sufficient votes to approve the Charter Amendment Proposal and/or the Trust Amendment Proposal. Each of the proposals is more fully described in the accompanying proxy statement. Our current Charter provide that we have until June 30, 2024 to complete a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities (a “Business Combination”). Pursuant to the provisions of our Charter and the Trust Agreement, we have previously extended our Combination Period by one year and nine months, from September 3

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View this DEF 14A filing on SEC EDGAR