TMC (TMC) subsidiary files first consolidated NOAA nodules permit bid

Rhea-AI Filing Summary

TMC The Metals Company Inc. reported that its wholly owned subsidiary, The Metals Company USA, LLC, has submitted a consolidated application to the U.S. National Oceanic and Atmospheric Administration (NOAA). The application seeks both an exploration license and a commercial recovery permit for polymetallic nodules in international waters of the Clarion Clipperton Zone in the Pacific Ocean.

The company notes that this was filed under NOAA’s new consolidated application and review process and represents the first submission of its kind. Details of the application and related forward-looking statements are described further in a press release furnished as an exhibit.

8-K Event Classification

2 items: 7.01, 9.01

2 items

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, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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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): January 22, 2026

TMC THE METALS COMPANY INC.

(Exact name of registrant as specified in its charter)

British Columbia, Canada	001-39281	Not Applicable
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1111 West Hastings Street, 15th Floor
Vancouver, British Columbia
(Address of principal executive
offices) V6E 2J3
(Zip Code)

Registrant’s telephone number, including area code: (888) 458-3420

Not applicable
(Former name or former address, if changed since last report)

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
TMC Common Shares without par value		TMC		The Nasdaq Stock Market LLC
Redeemable warrants, each whole warrant exercisable for one TMC Common Share, each at an exercise price of $11.50 per share		TMCWW		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 x

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 January 22, 2026, the Company issued a press release announcing that its wholly-owned subsidiary, The Metals Company USA, LLC (“TMC USA”), formally submitted a consolidated application to the National Oceanic and Atmospheric Administration (“NOAA”) for an exploration license and a commercial recovery permit for polymetallic nodules in international waters of the Clarion Clipperton Zone in the Pacific Ocean. The application was filed under NOAA’s new consolidated application and review process and represents the first submission of its kind. The press release is furnished with this Current Report on Form 8-K as Exhibit 99.1 and incorporated into this Item 7.01 by reference.

The information in this Item 7.01 of this Current Report on Form 8-K (including Exhibit 99.1) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Cautionary Note Regarding Forward-Looking Statements. Except for historical information contained in this Current Report on Form 8-K (including Exhibit 99.1), this Current Report on Form 8-K (including Exhibit 99.1) contains forward-looking statements which involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. Please refer to the cautionary note in the press release furnished as Exhibit 99.1 to this Current Report on Form 8-K regarding these forward-looking statements.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.  

Exhibit No.	Description
99.1	Press Release dated January 22, 2026
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

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: January 22, 2026	By:	/s/ Craig Shesky
	Name:	Craig Shesky
	Title:	Chief Financial Officer

FAQ

What did TMC (TMC) announce in its latest 8-K?

TMC disclosed that its subsidiary, The Metals Company USA, LLC, submitted a consolidated application to NOAA for an exploration license and a commercial recovery permit for polymetallic nodules in the Clarion Clipperton Zone.

Which TMC subsidiary submitted the NOAA application?

The application was submitted by The Metals Company USA, LLC, a wholly owned subsidiary of TMC The Metals Company Inc.

What is TMC seeking from NOAA in this application?

TMC is seeking an exploration license and a commercial recovery permit from NOAA covering polymetallic nodules in international waters of the Clarion Clipperton Zone in the Pacific Ocean.

Why is TMC’s NOAA application described as the first of its kind?

TMC stated that the application was filed under NOAA’s new consolidated application and review process and represents the first submission made under this framework.

Where can investors find more details on TMC’s NOAA application?

Additional details are provided in a press release dated January 22, 2026, which is furnished as Exhibit 99.1 to the report.

Does the TMC 8-K include forward-looking statements?

Yes. TMC notes that the report and the accompanying press release contain forward-looking statements and refers readers to a cautionary note in the press release regarding these statements.