Security
Welsbach Technology Metals Acquisition Corp. · WTMAR
WTMAROTCRightHistorical · closed Jan 5, 2026CIK 1866226Updated Oct 14, 2026
Name history
Welsbach Technology Metals Acquisition Corp. · through Jan 5, 2026
Current security for this SEC filerEMAT · NASDAQ
WTMAR price & chart
Historical security
This listing closed Jan 5, 2026. Live provider charts are shown only for current listings.
Current security: EMAT
About the company
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 investors.evolution-metals.com and follow the Company on LinkedIn.
In the news
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Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
EFFECT filing
424B3 filing
8-K filing
Regulation FD Disclosure
Items 7.01, 9.01
Show 5 more recent filings
EFFECT filing
S-1 filing
424B3 filing
Regulation FD Disclosure
Items 7.01, 9.01
D filing
Items 06b
Financials
FY 2025 · USDSource
Source
Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 6,610,223Source | 12,273,195Source | 23,938,271Source | 80,193,219Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | — | 5,000,001Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 4,022Source | 1,185Source | 6,760Source | 213,182Source |
| Assets, CurrentUSD | 145,249Source | 15,262Source | 7,593Source | — |
| Prepaid Expense and Other Assets, CurrentUSD | 141,227Source | 14,077Source | 833Source | 25,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 12,216,774Source | 10,930,173Source | 9,353,470Source | 6,618,589Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 228Source | 228Source | 228Source | 228Source |
| Retained Earnings (Accumulated Deficit)USD | -12,009,098Source | -10,802,493Source | -9,266,105Source | -5,939,864Source |
| Stockholders' Equity Attributable to ParentUSD | -12,008,870Source | -10,802,265Source | -9,265,877Source | -5,939,636Source |
| Liabilities and EquityUSD | 6,610,223Source | 12,273,195Source | 23,938,271Source | 80,193,219Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 9,512,084Source | 8,225,483Source | 6,648,780Source | 3,913,899Source |
| Accounts Payable, CurrentUSD | — | — | — | 1,818,627Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -1,328,287Source | -1,459,263Source | -1,347,387Source | -976,306Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 6,069,575Source | 12,320,164Source | 58,044,586Source | -3,523,983Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | 3,822,397Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | 12,219,791Source | 58,351,987Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -4,738,451Source | -11,027,925Source | -57,052,053Source | 3,822,396Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 4,022Source | 1,185Source | 168,209Source | 523,063Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | — | 12,610Source | 188,177Source | 180,688Source |
| Additional Financial Items | ||||
| Gain (Loss) on InvestmentsUSD | — | — | — | 1,121,159Source |
| General and Administrative ExpenseUSD | 1,948,481Source | 1,428,060Source | 2,022,981Source | 3,131,190Source |
| Income Tax Expense (Benefit)USD | 38,685Source | 125,950Source | — | 180,688Source |
| Investment Income, InterestUSD | 276,616Source | 808,868Source | 2,168,659Source | 1,121,159Source |
| Net Income (Loss) Attributable to ParentUSD | -1,789,441Source | -899,927Source | -54,322Source | -2,390,719Source |
| Nonoperating Income (Expense)USD | 290,125Source | 808,868Source | 2,168,659Source | 1,121,159Source |
| Operating ExpensesUSD | — | — | — | 3,331,190Source |
| Payments of Financing CostsUSD | — | — | — | 45,541Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | 45,540Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 2,276,860Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Operating Income (Loss)USD | -2,040,881Source | -1,582,845Source | -2,222,981Source | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -1,750,756Source | -773,977Source | -54,322Source | — |
| Income Tax Expense (Benefit)USD | 38,685Source | 125,950Source | — | 180,688Source |
| Net Income (Loss) Attributable to ParentUSD | -1,789,441Source | -899,927Source | -54,322Source | -2,390,719Source |
| Additional Financial Items | ||||
| Gain (Loss) on InvestmentsUSD | — | — | — | 1,121,159Source |
| General and Administrative ExpenseUSD | 1,948,481Source | 1,428,060Source | 2,022,981Source | 3,131,190Source |
| Income (Loss) Attributable to Parent, before TaxUSD | — | — | — | -2,210,031Source |
| Investment Income, InterestUSD | 276,616Source | 808,868Source | 2,168,659Source | 1,121,159Source |
| Nonoperating Income (Expense)USD | 290,125Source | 808,868Source | 2,168,659Source | 1,121,159Source |
| Operating ExpensesUSD | — | — | — | 3,331,190Source |
| Other Cost and Expense, OperatingUSD | — | — | — | 309,881Source |
| Other General and Administrative ExpenseUSD | 120,000Source | — | 6,000Source | — |
| Other General ExpenseUSD | — | — | — | 200,000Source |
Offerings
Registration 333-299305
Registration 333-298787
Registration 333-297310
Filing attachments
ea030857201ex99-1.htm · 8-K · 2026-10-14
Exhibit 99.1 Evolution Metals & Technologies Corp. Reaffirms $400 Million to $460 Million FY2027 Revenue Guidance, Unveils Eight Sintered Magnet Grades Covering an Estimated 75% of Global NdFeB Revenue, and Moves to Answer U.S. Army Call for Rare Earth Magnets Seven of eight grades customer-certified and first 13 of 57 containers of ULVAC equipment landed in Pohang on the path to more than 10,000 metric tons of annual capacity; SmCo production equipment targeted for mid-2027 as DFARS 252.225-7…
Read attachment ↗ea030781301ex99-1.htm · 8-K · 2026-10-06
Exhibit 99.1 FOR IMMEDIATE RELEASE Evolution Metals & Technologies Selects INERGX to Power Planned 5 GW U.S. Facility, With Capacity Equivalent to Approximately 4 Million American Homes Planned at the output of five nuclear reactors, with a China-free battery supply chain designed to feed EM&T’s own critical materials recovery MIAMI, FL, October 6, 2026 - Evolution Metals & Technologies Corp. (“EM&T” or the “Company”) (NASDAQ: EMAT) is moving to generate and control its own power at industri…
Read attachment ↗ea030766701ex99-1.htm · 8-K · 2026-10-05
Exhibit 99.1 EM&T to Host Operational Showcase of the Largest High-Performance Rare Earth Magnet Facility in Production Outside China on December 17, 2026, Anchoring Expansion to 10,000+ Metric Tons of Annual Capacity The EM&T Board and executives will publicly showcase the largest high-performance rare earth magnet facility in production outside China as U.S. defense, drone, and automotive demand for non-China supply accelerates, ahead of January 1, 2027 DFARS sourcing restrictions and the pl…
Read attachment ↗ea030725601ex99-1.htm · 8-K · 2026-10-01
Exhibit 99.1 FOR IMMEDIATE RELEASE VIVIFY Technology and Evolution Metals & Technologies Sign Letter of Intent for Behind-the-Meter Hydrogen Power for EM&T’s Planned U.S. Rare Earth Magnet Campus Two Florida-headquartered companies align American hydrogen energy with a domestic rare earth magnet supply chain DELRAY BEACH and MIAMI, FL, October 1, 2026 - VIVIFY Technology, a hydrogen energy company headquartered in Delray Beach, Florida, and Evolution Metals & Technologies Corp. (“EM&T”) (Na…
Read attachment ↗ea030725601ex99-2.htm · 8-K · 2026-10-01
Exhibit 99.2 LETTER OF INTENT Date: September 30, 2026 This Letter of Intent (“LOI”) records the current mutual intentions of the Parties with respect to a proposed strategic energy collaboration. Except as expressly set forth in Sections 8 (Confidentiality), 9 (Publicity), 10 (Securities Law Compliance), 11 (Expenses), 13 (Limitation of Remedies), 14 (Term), and 15 (Governing Law and General), this LOI is non-binding and does not create a legally enforceable agreement to proceed with the col…
Read attachment ↗ea030449902ex4-20.htm · S-1/A · 2026-09-24
Exhibit 4.20 NEITHER THIS DEBENTURE NOR THE SECURITIES INTO WHICH THIS DEBENTURE IS CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE. THESE SECURITIES HAVE BEEN SOLD IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVA…
Read attachment ↗