Evolution Metals & Technologies Corp. filings document material events for a Nasdaq-listed emerging growth company focused on critical materials, rare earth magnets and battery-material supply-chain operations. Form 8-K reports include Regulation FD materials about commercial operations, investor presentations and rare earth magnet production.
The company’s regulatory disclosures also cover securities purchase agreements, convertible debentures convertible into common stock, registration rights, shareholder voting matters, operating and financial results, governance matters and capital-structure changes.
Evolution Metals & Technologies Corp. has begun receiving additional ULVAC magnet-production equipment at its Pohang facility: 13 of 57 containers arrived on October 15, 2026, and the remaining containers are scheduled for delivery before the end of October 2026.
Once installed and commissioned, the 13 additional machines are expected to increase annual rare earth magnet capacity from 1,000 metric tons to approximately 10,000 metric tons, including 6,000 metric tons of high-performance sintered magnets. The company reaffirmed fiscal 2027 revenue guidance of $400 million to $460 million. It also says seven high-performance NdFeB sintered magnet grades have been qualified with Tier-1 OEMs and non-China NdPr feedstock secured.
DFARS 252.225-7052 is scheduled to take effect January 1, 2027, prohibiting U.S. defense contractors from using rare earth magnets containing materials mined, refined, separated, melted or produced in China, Russia, North Korea or Iran. A ribbon-cutting ceremony for the expanded facility is scheduled for December 17, 2026, with live magnet making, guided production-line tours and an executive briefing.
Evolution Metals & Technologies Corp. (EMAT) reaffirmed fiscal 2027 revenue guidance of $400 million to $460 million and fiscal 2026 guidance of $10 million to $11 million. The company estimates that its eight sintered NdFeB magnet grades represent approximately 75% of global sintered NdFeB magnet revenue and approximately 52% of global volume. Seven grades have completed customer certification; N42SH is in commercial production in Pohang, South Korea, while N48SH is in the final certification stages. The guidance is based on management’s expectations, including anticipated customer demand, and not on contracted volumes.
The first 13 of 57 containers of ULVAC equipment have arrived in Pohang. The expansion is expected to lift annual capacity above 10,000 metric tons, including approximately 6,000 metric tons of high-performance magnets. EM&T expects to begin acquiring equipment for samarium cobalt magnet production by mid-2027 and said it will respond to a U.S. Army rare-earth-magnet sources sought notice, with responses due October 28, 2026. The company says DFARS 252.225-7052 extends its mine-to-magnet restriction to SmCo magnets for qualifying U.S. defense deliveries effective January 1, 2027.
Evolution Metals & Technologies Corp. (EMAT) is registering for resale up to 5,400,000 shares issuable to YA II PN, Ltd., the selling securityholder, upon conversion of convertible debentures. Registration does not mean the shares will be sold. EMAT will receive no proceeds from resale sales; those proceeds go to the selling securityholder.
Under the September 17, 2026 agreement, EMAT agreed to issue debentures with an aggregate principal amount of $30,927,835: $22,000,000 was issued, $2,000,000 is expected upon filing, and $6,927,835 is expected upon effectiveness. The first debenture was the only one issued, and it had no conversions as of October 2, 2026. EMAT intends to use proceeds from the debenture facility for general corporate purposes, including operations expansion and development.
The conversion price is the lower of $5.02 or 95% of the lowest daily VWAP during the five consecutive trading days immediately before conversion, with a $0.76 floor. Conversions are subject to a Nasdaq issuance cap and a separate 4.99% beneficial-ownership limit; stockholder approval can remove the Nasdaq cap. The debentures mature September 17, 2028.
Evolution Metals & Technologies Corp. raised its fiscal 2026 revenue guidance to $10 million to $11 million, from $5 million to $8 million announced September 10, 2026, and reaffirmed fiscal 2027 guidance of $400 million to $460 million.
Management said the 2026 revision reflects an expanded ex-China rare earth feedstock position and the production capacity it unlocks, improved rare earth pricing, and continued strong commercial demand. The guidance is based on anticipated customer demand, not contracted volumes; actual revenue depends in part on converting demand into firm orders and shipments.
At its Pohang operations, 13 additional ULVAC sintered magnet production machines are scheduled for delivery in October 2026, with installation to commence immediately afterward. Once operational, they are expected to expand annual rare earth magnet production capacity to more than 10,000 metric tons, including approximately 6,000 metric tons of high-performance sintered magnets. EM&T also said DFARS 252.225-7052 is expected to extend the mine-to-magnet restriction across the entire supply chain for neodymium-iron-boron magnets beginning January 1, 2027.
Evolution Metals & Technologies Corp. (EMAT) lists director Thomas Anthony Bussiere with a direct common-stock position of 0 shares as of August 13, 2026.
Evolution Metals & Technologies Corp. (EMAT) announced a Strategic Partnership Letter of Intent with UK-based INERGX Energy Optimisation Ltd. for energy storage and power optimization systems at EM&T’s planned U.S. critical materials and battery black mass recovery facility. The site is planned at approximately 1 GW of on-site capacity within two years and up to approximately 5 GW at full build-out, powered by on-site LNG generation. The LOI sets principal terms for negotiating a study statement of work and definitive partnership agreements.
INERGX will conduct a First Block Study to model generation and storage against the facility’s load and define recommended storage capacity, power rating, configuration, power quality, ride-through performance, and indicative costs. Under the LOI, EM&T will provide site inputs within two weeks of signing; INERGX will deliver the study within eight weeks of receipt; and the parties intend to work toward first-block definitive agreements within twelve weeks of the study’s delivery and acceptance. The release also reiterated fiscal 2027 revenue guidance of $400 million to $460 million, reflecting the expected first full-year contribution from the planned Pohang production expansion to approximately 10,000 metric tons annually, including approximately 6,000 metric tons of high-performance sintered NdFeB magnets.
Evolution Metals & Technologies Corp. (EM&T) is registering for resale up to 5,400,000 shares of common stock issuable to YA II PN, Ltd. upon conversion of September 2026 debentures. Registration does not mean the holder will sell; EM&T receives no proceeds from resales and pays registration expenses. Under the September 17, 2026 agreement, EM&T agreed to issue debentures with $30,927,835 aggregate principal: $22,000,000 was issued, while $2,000,000 is expected upon filing this registration statement and $6,927,835 upon its effectiveness. EM&T intends to use facility proceeds for general corporate purposes.
The conversion price is the lower of $5.02 or 95% of the lowest daily VWAP during the five consecutive trading days before conversion, subject to a $0.76 floor. The debentures mature September 17, 2028; the First Debenture bears 4.0% annual interest, with 18.0% applying if an event of default occurs and remains uncured. Specified Amortization Events can trigger monthly cash payments. EM&T reports operating losses and says its planned recycling and processing facilities depend on third-party feedstock; Executive Chairman David Wilcox indirectly controls 66.40% of voting power through The Zeus Trust.
Evolution Metals & Technologies Corp. (EMAT) is registering for resale up to 7,500,000 shares of Common Stock issuable upon conversion of Convertible Debentures held by YA II PN, Ltd. The shares relate only to potential conversions of the remaining $12,434,765.15 of principal under the May 2026 First Debenture as of September 23, 2026. By that date, $13,340,234.85 of principal had been converted into 5,400,000 shares, and the Second Debenture was fully converted.
EMAT will receive no proceeds from YA II PN, Ltd.’s resales; the selling securityholder receives the sale proceeds, while EMAT pays registration expenses. The May debentures convert at the lower of $12.09 or 95% of the lowest daily volume-weighted average price over the five consecutive trading days before conversion, subject to a $1.86 floor. Conversions are also subject to the Nasdaq Exchange Cap, unless stockholders approve excess issuance, and a limit barring the holder and certain related parties from beneficially owning more than 4.99% immediately after conversion, subject to adjustments.
Separately, EMAT entered a September 2026 agreement for $30,927,835 aggregate principal of convertible debentures. It issued $22,000,000 on September 17, with $2,000,000 expected upon filing the related registration statement and $6,927,835 expected upon its effectiveness. These debentures are separate from the May debentures underlying the registered resale shares.