STOCK TITAN

$12.2T Russell benchmarks may soon include Evolution Metals (Nasdaq: EMAT)

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Evolution Metals & Technologies Corp. (EMAT) announced that it has been included on FTSE Russell’s preliminary lists of additions to the Russell 3000® Index and Russell 2000® Index as part of the third-quarter 2026 IPO additions process. The lists published August 21, 2026 identify EMAT for addition effective September 21, 2026, with final inclusion subject to FTSE Russell’s standard review process.

The company highlights its rare earth magnet growth initiatives, including Tier‑1 OEM quality certifications across six grades of high-performance sintered NdFeB magnets, procurement of non‑China NdPr metal, and binding purchase orders for 13 additional ULVAC sintered magnet production machines expected to increase commercial-scale rare earth magnet production capacity to approximately 10,000 metric tons annually by November 2026. EMAT notes that approximately $12.2 trillion in assets are benchmarked against Russell U.S. indexes, underscoring the prominence of these benchmarks.

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Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Preliminary index inclusion effective date September 21, 2026 Identified on FTSE Russell’s preliminary lists for Russell 3000® and Russell 2000® additions
Assets benchmarked to Russell U.S. indexes $12.2 trillion Approximate assets benchmarked as of the end of June 2025
Additional ULVAC sintered magnet production machines 13 Binding purchase orders placed to expand rare earth magnet production capacity
Target rare earth magnet production capacity 10,000 metric tons annually Expected commercial-scale capacity by November 2026
High-performance sintered NdFeB magnet grades Six grades Tier-1 OEM quality certifications announced across six grades
Years building rare earth magnet capabilities More than 18 years Described by EMAT’s Executive Chairman regarding team experience
Russell 3000® Index market
"included on FTSE Russell’s preliminary lists of additions to the broad-market Russell 3000® Index"
A broad stock market index that tracks the performance of about 3,000 publicly traded U.S. companies of all sizes, acting as a wide-ranging snapshot of the U.S. equity market. It matters to investors because it serves as a common yardstick for the overall market’s health and is the basis for many index funds and investment strategies—think of it as a single basket that shows how the whole U.S. stock market is doing.
Russell 2000® Index market
"preliminary inclusion in the Russell 2000® Index would also result in membership"
A stock market index that tracks the performance of roughly 2,000 publicly traded U.S. companies with smaller market values, representing the broader small-cap segment of the market. It matters to investors because it acts like a thermometer for smaller companies—used as a benchmark to compare fund performance, guide portfolio allocation, and gauge economic or market trends affecting growth-oriented, higher-risk firms.
NdFeB magnets technical
"high-performance sintered NdFeB magnets, taken delivery of non-China NdPr metal"
NdFeB magnets are powerful permanent magnets made from a mix of neodymium, iron and boron; they act like tiny, permanent engines that hold or move parts without needing electricity. Investors care because these magnets are essential components in electric motors, wind turbines and many electronics, so their supply, price and recycling affect costs and profit margins across industries much like a scarce fuel influences transportation and manufacturing costs.
Tier-1 OEM quality certifications technical
"announced Tier-1 OEM quality certifications across six grades of high-performance"
vertically integrated critical materials supply chain financial
"what it believes is the only vertically integrated critical materials supply chain"
ULVAC sintered magnet production machines technical
"binding purchase orders for thirteen additional ULVAC sintered magnet production machines"

FAQ

What did Evolution Metals & Technologies Corp. (EMAT) announce in this 8-K?

EMAT announced that it appears on FTSE Russell’s preliminary lists for addition to the Russell 3000® and Russell 2000® Indexes as part of the third-quarter 2026 IPO additions process, with potential effectiveness on September 21, 2026, subject to FTSE Russell’s standard review process.

When is EMAT’s expected Russell index inclusion date and is it final?

EMAT is identified on FTSE Russell’s preliminary lists for index addition effective September 21, 2026. Final inclusion is not guaranteed and remains subject to FTSE Russell’s standard review process, including potential revisions to preliminary lists, eligibility determinations, methodology, or implementation schedule.

What business does EMAT (Nasdaq: EMAT) operate in?

EMAT is a U.S.-based critical materials and advanced manufacturing company focused on rare earth permanent magnets, battery materials, and related critical minerals and technologies, operating what it believes is a vertically integrated critical materials supply chain from end-of-life electronics and batteries to finished rare earth magnets and battery materials.

What production capacity target did EMAT disclose for rare earth magnets?

EMAT has placed binding purchase orders for 13 additional ULVAC sintered magnet production machines, which are expected to ramp its existing commercial-scale rare earth magnet production capacity to approximately 10,000 metric tons annually by November 2026, supporting its expanding rare earth magnet platform.

How significant are Russell U.S. indexes according to EMAT’s disclosure?

EMAT cites FTSE Russell data indicating that approximately $12.2 trillion in assets were benchmarked against the Russell U.S. indexes as of the end of June 2025, underscoring the widespread use of these indexes by investment managers and institutional investors for index funds and benchmarking active strategies.

What risks or uncertainties around EMAT’s index inclusion does the company highlight?

EMAT notes that FTSE Russell may revise preliminary lists, eligibility determinations, methodology, or schedules; EMAT may ultimately not be included in one or both indexes; and index inclusion may not produce anticipated visibility, liquidity, or institutional ownership, among other business and market risks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): August 24, 2026

 

Evolution Metals & Technologies Corp.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41183   87-1006702
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)   (IRS Employer
Identification No.)

 

4040 NE 2nd Ave, Suite 349

Miami, Florida 33137

(Address and zip code of principal executive offices)

 

561-225-3205

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.0001 par value per share   EMAT   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure

 

On August 24, 2026, Evolution Metals & Technologies Corp. (the “Company” or “EM&T”) issued a press release announcing that the Company has been included on FTSE Russell’s preliminary lists of additions to the broad-market Russell 3000® Index and the small-cap Russell 2000® Index as part of FTSE Russell’s third-quarter 2026 IPO additions process, with inclusion expected to become effective September 21, 2026, subject to FTSE Russell’s standard review process. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information contained in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as expressly set forth by specific reference in such filing.

 

Cautionary Statement Regarding Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements within the meaning of the federal securities laws, including within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or the future financial or operating performance of EM&T and may include, without limitation, statements regarding EM&T’s expected inclusion in the Russell 3000® Index and Russell 2000® Index and applicable style indexes, the anticipated timing and potential effects of such inclusion, including potential visibility among institutional or index-oriented investors, EM&T’s strategy, business plans, growth opportunities, expected production capacities, anticipated market demand, regulatory developments, and other future events or conditions. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential,” “plan,” “project,” “target,” “forecast,” or the negatives of these terms or variations of them or similar terminology. These forward-looking statements are based on management’s current expectations and assumptions and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility that FTSE Russell may revise its preliminary lists, eligibility determinations, methodology or implementation schedule; that EM&T may not be finally included in one or both indexes when expected or at all; that index inclusion may not result in the anticipated visibility, liquidity, institutional ownership or other benefits; EM&T’s ability to execute its business plan, obtain financing, construct and scale facilities, secure feedstock and offtake agreements, obtain necessary permits and regulatory approvals, manage supply chain disruptions, respond to competitive pressures, address geopolitical and macroeconomic risks, and other risks described in EM&T’s filings with the U.S. Securities and Exchange Commission (the “SEC”). Forward-looking statements speak only as of the date they are made. EM&T undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

 

1 

 

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

The following exhibits are being furnished herewith:

 

Exhibit No.   Description
99.1   Press Release dated August 24, 2026.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)  

 

2 

 

 

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.

 

Dated: August 24, 2026

 

  Evolution Metals & Technologies Corp.
   
  By: /s/ Christopher Clower
  Name:   Christopher Clower
  Title: Chief Financial Officer and Chief Operating Officer

 

3 

 

Exhibit 99.1

 

 

 

Evolution Metals & Technologies Corp. Announces Preliminary Inclusion in

Russell 3000® and Russell 2000® Indexes

Preliminary inclusion is expected to become effective September 21, 2026, subject to FTSE Russell’s

standard review process

Approximately $12.2 trillion in assets are benchmarked against the Russell U.S. indexes

 

MIAMI, FL, August 24, 2026 — Evolution Metals & Technologies Corp. (“EM&T” or the “Company”) (Nasdaq: EMAT), a U.S.-based critical materials and advanced manufacturing company, today announced that the Company has been included on FTSE Russell’s preliminary lists of additions to the broad-market Russell 3000® Index and the small-cap Russell 2000® Index as part of FTSE Russell’s third-quarter 2026 IPO additions process. The preliminary lists, published August 21, 2026, identify EMAT for addition effective September 21, 2026. Final inclusion remains subject to FTSE Russell’s standard review process.

 

Preliminary inclusion in the Russell 2000® Index would also result in membership in the broad-market Russell 3000® Index and the relevant growth and value style indexes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2025, approximately $12.2 trillion in assets are benchmarked against the Russell U.S. indexes, which belong to FTSE Russell, the global index provider.

 

“Preliminary inclusion in both the Russell 3000 and Russell 2000 represents an important capital-markets milestone for EM&T and comes at a pivotal stage in the Company’s growth,” said David Wilcox, Executive Chairman of EM&T. “For more than 18 years, our team has built commercial-scale rare earth magnet capabilities, and we are now expanding that platform with non-China feedstock, additional manufacturing capacity and a deeper operating team. We believe prospective inclusion in two widely followed U.S. equity benchmarks should broaden EM&T’s visibility among institutional and index-oriented investors as we continue executing against the critical materials opportunity in front of us.”

 

The anticipated index additions come as EM&T continues to expand its rare earth magnet platform. The Company has announced Tier-1 OEM quality certifications across six grades of high-performance sintered NdFeB magnets, taken delivery of non-China NdPr metal for commercial magnet production, and placed binding purchase orders for thirteen additional ULVAC sintered magnet production machines expected to ramp the Company’s existing commercial-scale rare earth magnet production capacity to approximately 10,000 metric tons annually by November 2026.

 

For more information on Russell U.S. Index IPO additions, including FTSE Russell’s preliminary third-quarter 2026 lists, visit https://www.lseg.com/en/ftse-russell/russell-reconstitution/ipo-additions

 

About Evolution Metals & Technologies Corp.

 

Evolution Metals & Technologies Corp. (Nasdaq: EMAT) is a U.S.-based critical materials and advanced manufacturing company for rare earth permanent magnets, battery materials, and related critical minerals and technologies. By leveraging proven commercial-scale operations, advanced processing technologies, and strategic partnerships, EM&T operates what it believes is the only vertically integrated critical materials supply chain spanning end-of-life electronics and batteries, high-grade concentrates, and the manufacture of finished rare earth magnets (including high-performance rare earth magnets) and battery materials. For additional information, please visit https://investors.evolution-metals.com and follow the Company on LinkedIn.

 

 

 

 

Cautionary Note Regarding Forward-Looking Statements

 

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding EM&T’s expected inclusion in the Russell 3000® and Russell 2000® Indexes and applicable style indexes, the anticipated timing and potential effects of such inclusion, including potential visibility among institutional or index-oriented investors, and EM&T’s plans, objectives, expectations, strategies, production capacity, expansion initiatives, supply arrangements and commercial operations. These forward-looking statements, together with terms such as anticipate, expect, intend, may, will, should, believe, positioned and other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Such risks include, among others, the possibility that FTSE Russell may revise its preliminary lists, eligibility determinations, methodology or implementation schedule; that EM&T may not be finally included in one or both indexes when expected or at all; that index inclusion may not result in the anticipated visibility, liquidity, institutional ownership or other benefits; and the business, execution, financing, regulatory, supply-chain, equipment-delivery, customer-qualification and market risks described in EM&T’s filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and actual results, performance or achievements may differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these statements, which speak only as of the date made. EM&T undertakes no obligation to update any forward-looking statement except as required by law. Additional information concerning factors that may affect EM&T’s expectations and projections is contained in its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 20, 2026, its Quarterly Report on Form 10-Q for the three and six months ended June 30, 2026, filed with the SEC on August 17, 2026, including the disclosures under “Risk Factors” therein, and other documents filed or to be filed with the SEC by EM&T. SEC filings are available at www.sec.gov.

 

Investor Relations Contacts

 

Judith McGarry

Evolution Metals & Technologies Corp.

investor.relations@evolution-metals.com

 

Arx Investor Relations

North American Equities Desk

EMAT@arxhq.com

 

 

 

Filing Exhibits & Attachments

4 documents