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. (EMAT) announced it will hold a ribbon-cutting ceremony on December 17, 2026, at its Pohang, South Korea, facility. The company says it believes the site is the largest high-performance rare earth magnet facility in production outside China.
EM&T describes Pohang as the base for a phased expansion targeting more than 10,000 metric tons of annual rare earth magnet production capacity. The announcement says DFARS 252.225-7052 takes effect January 1, 2027, restricting Chinese-origin rare earth magnets in qualifying U.S. defense systems.
Evolution Metals & Technologies Corp. may issue convertible debentures with principal amount of up to $30,927,835 under a Rule 506(b) offering. The offering lists $22,000,000 as sold and $8,927,835 as remaining to be sold. The first debenture, with $22,000,000 principal, was issued on September 17, 2026. Securities listed for the offering include equity, debt and securities to be acquired upon exercise of an option, warrant or other right. Finders' fees are $0.
Evolution Metals & Technologies Corp. (EMAT) and VIVIFY Technology Corporation signed a non-binding letter of intent dated September 30, 2026, to evaluate VIVIFY as the primary hydrogen-energy partner and infrastructure provider for EMAT’s planned U.S. expansion, including its rare-earth magnet campus. The proposal contemplates behind-the-meter hydrogen power and possible energy-supply and infrastructure-development agreements; no contracting model, price, volume or performance commitment is agreed.
Any collaboration would require executed definitive agreements and is expected to depend on technical due diligence and system validation, agreement on commercial terms, internal approvals, site control, and required governmental, utility, environmental and safety authorizations. EMAT’s non-binding preferred-partner intent runs for 90 days, but creates no exclusivity or right of first refusal. The LOI expires at the earliest of definitive agreements, written termination by either party, or 180 days after September 30, 2026, unless extended in a writing signed by both parties. Confidentiality and specified other provisions are binding.
Evolution Metals & Technologies Corp. (EMAT) is registering for resale up to 7,500,000 shares of Common Stock by YA II PN, Ltd., issuable upon conversion of the May 7, 2026 Convertible Debentures. The shares relate solely to potential conversions of the remaining First Debenture principal; sales may occur from time to time only after the registration statement becomes effective.
As of September 23, 2026, $12,434,765.15 of principal remained outstanding solely under the First Debenture. EM&T reported that $13,340,234.85 of principal had converted into 5,400,000 shares. It will receive no proceeds from the selling holder’s resales; YA II PN, Ltd. receives sale proceeds, and EM&T pays registration expenses.
EM&T identifies as a controlled company and says it may rely on certain Nasdaq governance exemptions, although it does not intend to do so. Executive Chairman David Wilcox indirectly beneficially owns 416,436,066 shares held by The Zeus Trust, representing approximately 66.63% of voting power.
Evolution Metals & Technologies Corp. (EMAT) announced that it has joined the broad‑market Russell 3000® Index and the small‑cap Russell 2000® Index, effective at the opening of U.S. equity markets on September 21, 2026, following FTSE Russell’s third‑quarter 2026 quarterly IPO additions.
EM&T highlights that approximately $12.2 trillion in assets are benchmarked to Russell U.S. Indexes, meaning its shares will be reflected in index‑tracking products and eligible for mandates that require benchmark membership. The company reports commercial‑scale ramp‑up of its rare earth magnet platform in Pohang, targeting 10,000 metric tons of annual magnet production capacity, including 6,000 metric tons of high‑performance sintered NdFeB magnets, supported by a 750‑megawatt electrical infrastructure agreement and 13 additional ULVAC sintered magnet production machines expected in November 2026. EM&T also provides initial fiscal 2027 revenue guidance of $400 million to $460 million.
Evolution Metals & Technologies Corp. (EMAT) entered into a financing with YA II PN, LTD. (Yorkville) for up to $30,927,835 of convertible debentures, with a first debenture of $22 million issued on September 17, 2026 and two additional debentures tied to registration milestones.
The debentures mature on September 17, 2028, bear 4.0% interest (rising to 18.0% upon default), and are convertible at the lower of $5.02 or 95% of the lowest 5‑day VWAP, subject to a floor price, a Nasdaq Exchange Cap, and a 4.99% beneficial ownership cap. An Amortization Event triggers monthly cash payments equal to one‑fifth of original principal plus a 5% premium and accrued interest. EMAT’s subsidiaries guarantee the obligations, and the company plans to use proceeds for general corporate purposes and expansion.
Evolution Metals & Technologies Corp. (EMAT) released its first formal revenue guidance, projecting $5–8 million in revenue for fiscal 2026 and $400–460 million for fiscal 2027, reflecting expected benefits from a major capacity expansion at its rare earth magnet facility in Pohang, Republic of Korea.
The company plans to lift annual rare earth magnet production capacity from about 1,000 to 10,000 metric tons, including roughly 6,000 metric tons of high-performance sintered NdFeB magnets, supported by additional ULVAC equipment, expanded power infrastructure, new land, and an approximately $20.7 million government grant.
Guidance relies on assumptions about demand, equipment delivery and commissioning, feedstock availability, financing, and customer qualification, and is not based on contracted volumes; management highlights execution, working capital access, and regulatory and supply-chain conditions as key uncertainties.
Evolution Metals & Technologies Corp. (EMAT) is registering up to 7,500,000 shares of common stock for resale by YA II PN, Ltd., a selling securityholder, under a Form S-1 prospectus. These shares may be issued upon conversion of EMAT’s convertible debentures.
Under a Securities Purchase Agreement dated May 7, 2026, EMAT may issue up to $100 million in convertible debentures, priced at 97% of principal. A $20 million debenture and a $5.775 million debenture have already been issued; additional tranches of up to $74.225 million may be sold by mutual agreement.
The debentures convert at the lower of $12.09 or 95% of the lowest 5‑day VWAP, with a $1.86 floor price, and include an Exchange Cap and a 4.99% beneficial ownership limit. EMAT will not receive proceeds from resale of the registered shares, only from debenture funding. As of September 4, 2026, EMAT had 624,965,684 shares outstanding; Executive Chairman David Wilcox indirectly controls about 66.63% of voting power through a trust, making EMAT a Nasdaq “controlled company.”
Evolution Metals & Technologies Corp. (symbol: EMAT) is the issuer of record for a Form 4 filing submitted to the SEC.
Evolution Metals & Technologies Corp. (EMAT) reported that it has agreed to principal terms with Korea Electric Power Corporation (KEPCO) to expand electrical capacity for its Pohang, South Korea operations from 130 MW to 750 MW, with a right of first refusal for additional capacity. KEPCO is expected to fund about 90% of the related substation, cabling and civil works. EM&T plans to acquire roughly 1.3 million square feet of adjacent land on a freehold basis and expand its magnet manufacturing facility footprint from 24,000 to 482,000 square feet.
The company expects this power and facility expansion, together with previously announced ULVAC equipment, to support scaling rare earth magnet production from about 1,000 to more than 10,000 metric tons annually by late 2026. EM&T has received conditional approval for an approximate US$20.7 million (₩28.3 billion) grant from Pohang City and Gyeongbuk Province to support plant construction and equipment. These arrangements remain subject to completion of land-use agreements and execution of definitive power supply documentation, and EM&T highlights construction, regulatory, funding, and execution risks in its forward-looking statements.