TMC the Metals Co. Files 8-K on Security Holder Vote Matters

TL;DR

TMC is having a shareholder vote, could be big.

AI Summary

TMC the Metals Company Inc. filed an 8-K on May 30, 2024, reporting a submission of matters to a vote of security holders. The company, formerly known as Sustainable Opportunities Acquisition Corp., is incorporated in British Columbia, Canada, and its fiscal year ends on December 31.

Why It Matters

This filing indicates that TMC the Metals Company Inc. is engaging its shareholders on important corporate decisions, which could impact the company's future direction and shareholder rights.

Risk Assessment

Risk Level: medium — Filings related to shareholder votes can introduce uncertainty and potential changes in corporate governance or strategy.

Key Numbers

• 001-39281 — Commission File Number (Identifies the company's SEC filing record)

Key Players & Entities

• TMC the Metals Company Inc. (company) — Registrant
• Sustainable Opportunities Acquisition Corp. (company) — Former company name
• May 30, 2024 (date) — Date of earliest event reported
• British Columbia, Canada (location) — Jurisdiction of incorporation

FAQ

Key Financial Figures

• $11.50 — mon Share, each at an exercise price of $11.50 per share TMCWW The Nasdaq Stock Ma

Filing Documents

• tm2416040d1_8k.htm (8-K) — 47KB
• 0001104659-24-066915.txt ( ) — 269KB
• tmc-20240530.xsd (EX-101.SCH) — 4KB
• tmc-20240530_def.xml (EX-101.DEF) — 27KB
• tmc-20240530_lab.xml (EX-101.LAB) — 36KB
• tmc-20240530_pre.xml (EX-101.PRE) — 25KB
• tm2416040d1_8k_htm.xml (XML) — 6KB

07

Item 5.07. Submission of Matters to a Vote of Security Holders. The 2024 Annual and Special Meeting of Shareholders of TMC the metals company Inc. (the "Company") was held on May 30, 2024 at 10:00 a.m. EDT (the "Annual Meeting"). The actions set forth below were taken at the Annual Meeting. Of the Company's 318,494,226 common shares outstanding and eligible to vote as of the record date of April 3, 2024, a quorum of more than two shareholders representing 199,608,830 shares, or 62.6% of the eligible shares, was present or represented by proxy at the Annual Meeting. Each of the matters set forth below is described in detail in the Company's Proxy Statement filed with the Securities and Exchange Commission on April 18, 2024. 1. Set the number of directors at nine (9). Votes For Votes Against Votes Abstained 198,343,060 845,144 420,627 2. Election of the following directors of the Company, to serve until the Company's 2025 annual meeting of shareholders and until their respective successors have been elected and qualified. Votes For Votes Withheld Broker Non-Votes Gerard Barron 139,465,317 328,377 59,815,136 Andrew Hall 136,406,198 3,387,496 59,815,136 Andrew Greig 139,409,302 384,392 59,815,136 Andrei Karkar 139,288,404 505,290 59,815,136 Sheila Khama 136,423,080 3,370,614 59,815,136 Christian Madsbjerg 139,222,093 571,581 59,815,136 Stephen Jurvetson 139,369,591 424,103 59,815,136 Amelia Kinahoi Siamomua 139,378,097 415,597 59,815,136 Brendan May 139,354,460 439,234 59,815,136 3. Appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the 2024 fiscal year. Votes For Votes Withheld 199,182,319 426,511 4. To approve on a non-binding advisory basis the compensation of the Company's Chief Executive Officer and Chairman. Votes For Votes Against Votes Abstained Broker Non-Votes 137,724,800 1,666,030 402,864 59,815,136

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 hereunto duly authorized. TMC THE METALS COMPANY INC. Date: May 31, 2024 By: /s/ Craig Shesky Name: Craig Shesky Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR