Welcome to our dedicated page for WELSBACH TECH METALS ACQU SEC filings (Ticker: WTMA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
WTMA filings document the transition of Welsbach Technology Metals Acquisition Corp. from a blank-check company into Evolution Metals & Technologies Corp. The Form 8-K and 8-K/A record includes shareholder voting matters, merger-closing disclosure, governance matters, security-structure and capital-structure disclosures, and material agreements connected with the completed business combination.
Subsequent filings under Evolution Metals & Technologies Corp. disclose Regulation FD presentation materials, emerging growth company status, operating and financial results, and financing arrangements, including a securities purchase agreement for convertible debentures convertible into common stock and related registration-rights obligations.
Evolution Metals & Technologies Corp. reported the initial holdings of insider David Wilcox. He is listed as a director, executive chairman, and 10% owner of the company. The filing shows indirect beneficial ownership of 416,436,066 shares of common stock, held through The Zeus Trust, a revocable trust organized under Florida law. David Wilcox is trustee of this trust and has sole voting and dispositive power over these shares.
Welsbach Technology Metals Acquisition Corp. updated its prospectus to include a new report on recent corporate actions. Stockholders approved amendments to the company’s charter and trust agreement to extend the deadline to complete a business combination by up to three months, from December 30, 2025 to as late as March 30, 2026. These changes give the SPAC more time to close a merger before it must liquidate.
No stockholders chose to redeem their shares in connection with the extension vote, so approximately $6.46 million remained in the trust account as of December 30, 2025. The company stated it does not intend to use trust funds to pay any potential excise taxes or dissolution expenses if it ultimately liquidates without completing a deal. WTMA’s units, common stock and rights continue to trade over the counter, and recent closing prices were provided for reference.
Welsbach Technology Metals Acquisition Corp. reported that its stockholders approved amendments to its charter and trust agreement to extend the deadline to complete a business combination by up to three months, from December 30, 2025 to as late as March 30, 2026. The charter amendment and trust amendment were both approved by large majorities at a special meeting where approximately 83.64% of the 2,848,313 eligible common shares were represented.
No stockholders elected to redeem their shares in connection with these extensions, so no cash was withdrawn from the trust account. As of December 30, 2025, approximately $6.46 million remained in the trust account. The company also stated that it does not intend to use trust funds to pay any potential excise taxes or dissolution expenses if it ultimately liquidates without completing a business combination.
Welsbach Technology Metals Acquisitions Corp. is asking stockholders to approve a three‑month extension of its merger deadline, moving the date to complete a business combination from December 30, 2025 to up to March 30, 2026 with no additional contributions to the IPO trust account.
The proxy seeks approval of (1) a charter amendment to extend the combination period, (2) a matching trust agreement amendment, and (3) a possible adjournment to gather more votes if needed. Public stockholders can redeem their shares in connection with the vote for their pro rata share of the trust, estimated at about $11.45 per share, versus a recent market price of $10.61. The trust held approximately $6.46 million as of December 15, 2025.
If the extension is rejected and no deal closes by December 30, 2025, the company will redeem all public shares and liquidate. The sponsor has agreed to indemnify the company for any excise tax on future redemptions and not use trust assets for that tax. The board recommends voting in favor of all proposals.
Welsbach Technology Metals Acquisition Corp. (WTMA), a SPAC, reported a Q3 2025 net loss of $435,675 and a nine‑month net loss of $1,477,092 as it continues pursuing a merger with Evolution Metals LLC. Operating expenses rose versus 2024 while interest income from the shrinking trust balance partially offset losses.
Restricted cash in the trust account declined to $6,424,722 from $12,257,933 at year‑end 2024, mainly due to multiple shareholder redemptions at about $11.31–$11.38 per share. The company recorded a 1% stock‑repurchase excise tax liability of $879,876 and relies on $2,608,430 of related‑party working capital loans.
WTMA was delisted from Nasdaq in early 2025 after failing to close a business combination within 36 months of its IPO and now trades on OTCQB. With a working capital deficit of $9,778,472 and a mandatory liquidation deadline of December 30, 2025 if no deal closes, management expresses substantial doubt about the company’s ability to continue as a going concern.
Atlas Merchant Capital-affiliated entities filed a Schedule 13G/A (Amendment No. 1) regarding Welsbach Technology Metals Acquisition Corp. (WTMA) common stock. The filers report 0 shares beneficially owned and 0% of the class, with no sole or shared voting or dispositive power. The Date of Event triggering this filing is 09/30/2025.
The reporting group includes Atlas Merchant Capital SPAC Fund I LP, Atlas Merchant Capital LLC, Atlas Merchant Capital LP, Atlas Merchant Capital GP LLC, AMC SPAC Fund GP LP, AMC SPAC Fund MGP LLC, and individuals Robert E. Diamond, Jr. and David I. Schamis. The certification states the securities were not acquired or held to change or influence control.
Welsbach Technology Metals Acquisition Corp. (WTMA) filed a Form 12b-25, notifying a late filing of its Form 10-Q for the quarter ended September 30, 2025. The company cites that its independent registered public accounting firm needs additional time to complete the quarterly financial statement review.
The company anticipates filing within the five-day grace period permitted under Rule 12b-25 of the Exchange Act. The notification was signed by Chief Executive Officer Daniel Mamadou, with a listed contact number of 251-280-1980.
Welsbach Technology Metals Acquisition Corp. reported that its stockholders approved changes to extend the time the company has to complete a business combination. The amended charter and trust agreement now allow an extension of the deadline from September 30, 2025 to up to December 30, 2025, with no additional contribution required to the IPO trust account.
At the special meeting, 2,364,865 votes were cast in favor of both the charter amendment proposal and the trust amendment proposal, with 215 votes against and no abstentions. In connection with the meeting, holders of 350 common shares elected to redeem at approximately $11.38 per share, for about $4.0 thousand in total, leaving approximately $6.4 million in the trust account as of September 29, 2025, before taxes. The company also stated it will not use trust funds to pay any potential excise taxes or dissolution expenses if it ultimately liquidates without completing a business combination.