TMC the metals company Inc. filings document the company’s seafloor polymetallic nodule business, capital structure, governance matters, and material events. The company reports Nasdaq-listed common shares under TMC and redeemable warrants under TMCWW, and its filings identify it as an emerging growth company incorporated in British Columbia, Canada.
Current reports cover operating and financial results, Regulation FD disclosures tied to NOAA and DSHMRA permitting for TMC USA, material agreements involving sponsored exploration activities, and technical report summaries for NORI Area D and TOML/NORI properties in the Clarion-Clipperton Zone. Proxy materials cover annual meeting matters, director elections, auditor appointment, executive compensation votes, and other shareholder governance items.
Greig Andrew Carlyle reported acquisition or exercise transactions in this Form 4 filing.
TMC the metals Co Inc. director Andrew Carlyle received equity compensation in the form of restricted stock units instead of cash fees. On May 29, 2026, he was granted a total of 36,820 common shares through two RSU awards at no cash cost.
One RSU grant vested immediately upon issuance, while the other is scheduled to vest on the date of the company’s 2027 annual meeting of shareholders, subject to his continued board service.
TMC the Metals Co., Inc. submitted a Form 144 notice reporting the proposed sale of 20,768 shares of Common Stock tied to the vesting of restricted stock unit awards on 05/28/2026.
The filing lists broker information (Merrill Lynch) and an administrative filing date of 06/02/2026 on NASDAQ. The securities were granted as part of an issuer equity compensation plan.
TMC The Metals Company Inc. reported the results of its annual shareholder meeting held on May 28, 2026. Shareholders representing 213,376,047 of 433,188,187 common shares, or 49.3% of eligible shares, were present, establishing a quorum.
Shareholders set the board size at ten directors and elected all ten nominated directors to serve until the 2027 annual meeting. They also approved the appointment of Ernst & Young LLP as independent registered public accounting firm for the 2026 fiscal year.
On a non-binding basis, shareholders approved the compensation of the company’s named executive officers and chose to hold future advisory votes on executive pay every two years. The next advisory “say-on-pay” vote is planned for the 2028 annual meeting.
TMC the metals company Inc. reported that the U.S. National Oceanic and Atmospheric Administration (NOAA) has formally certified the USA B exploration license application submitted by its U.S. subsidiary, The Metals Company USA LLC, under the Deep Seabed Hard Mineral Resources Act.
The USA B area covers about 122,000 km² of seafloor and is estimated to host 1.02 billion tonnes of polymetallic nodules based on a Technical Report Summary published in August 2025. TMC is also advancing a consolidated exploration license and commercial recovery permit application for the USA A area, which NOAA determined to be fully compliant on April 28, 2026, positioning the company for further progress in U.S.-regulated deep-sea nodule exploration.
TMC the metals company remains a pre‑revenue developer and reported a net loss of $20.6 million for the three months ended March 31 2026, similar to the prior‑year period. The loss was driven mainly by exploration and evaluation expenses of $13.3 million and general and administrative expenses of $20.7 million, including significant share‑based compensation.
Cash was $119.7 million and total assets $184.9 million, against total liabilities of $212.2 million, leaving negative equity of $27.3 million due largely to a long‑term royalty liability of $145 million and an accumulated deficit of $971.9 million. Net cash used in operating activities was modest at $0.6 million in the quarter because many costs were non‑cash.
The company continues to focus on securing permits and building infrastructure for future deep‑sea nodule production. Its U.S. subsidiary’s consolidated application for an exploration license and commercial recovery permit under the Deep Seabed Hard Mineral Resources Act has been found in full compliance and has entered the certification review stage. After quarter‑end, TMC signed a development and production contract with Allseas for an offshore collection system targeting 3.0 million tonnes of wet nodules per year and agreed to settle $34.4 million of amounts owed to Allseas through issuance of 7,377,835 common shares.
TMC the metals company Inc. reported first quarter 2026 results alongside major regulatory and commercial milestones. At March 31, 2026, the company held cash of about $119.7 million and no financial debt, and recorded a net loss of $20.6 million, or $0.05 per share.
Operating expenses increased as exploration and evaluation costs reached $13.3 million and general and administrative expenses rose to $20.7 million. TMC signed a commercial production agreement with Allseas for the first polymetallic nodule collection system, targeted for commissioning in Q4 2027, and NOAA determined its consolidated U.S. application is in full compliance under DSHMRA, a key step toward a potential commercial recovery permit by Q1 2027.
TMC the metals Co Inc. amendment reports that William George Brumder II may be deemed to beneficially own 14,703,132 common shares, representing approximately 3.4% of the class. This total includes 2,702,900 shares underlying call options exercisable within 60 days. The percentage is calculated using 433,188,187 shares outstanding as of April 2, 2026 as reported in the Proxy Statement on Schedule 14A filed April 17, 2026.
TMC The Metals Company Inc. reported that the National Oceanic and Atmospheric Administration (NOAA) has determined the consolidated application submitted by its subsidiary, TMC USA, for an exploration license and commercial recovery permit under the Deep Seabed Hard Mineral Resources Act is in full compliance with the Act and its regulations. The consolidated application covers a ~65,000 km2 area for polymetallic nodules in the Clarion Clipperton Zone, compared with a ~25,000 km2 commercial recovery area in TMC USA’s April 2025 application. The company describes this as a key regulatory milestone in its plan to pursue commercial recovery of seafloor polymetallic nodules under the U.S. regime.
TMC the metals company Inc. is holding its 2026 annual shareholder meeting as a virtual-only audio webcast on May 28, 2026 at 10:00 a.m. EDT. Shareholders of record at the close of business on April 2, 2026, when 433,188,187 common shares were outstanding, may vote.
Investors will be asked to set the board size at ten directors, elect ten nominees, appoint Ernst & Young LLP as independent auditor for 2026, approve on an advisory basis named executive officer compensation, and choose how often future say‑on‑pay votes occur. The board recommends ten directors, electing all nominees, ratifying the auditor, approving executive pay, and holding say‑on‑pay votes every two years.