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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
October 3, 2023 (September
28, 2023)
Date of Report (Date of
earliest event reported)
Welsbach Technology Metals Acquisition Corp.
(Exact Name of Registrant
as Specified in its Charter)
Delaware |
|
001-41183 |
|
87-1006702 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification No.) |
160 S Craig Place
Lombard, Illinois 60148
(Address of Principal Executive
Offices, including zip code)
Registrant’s telephone
number, including area code: (217) 615-1216
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 |
Units, each consisting of one share of Common Stock, $0.0001 par value, and one Right to receive one-tenth of one share of Common Stock |
|
WTMAU |
|
The Nasdaq Stock Market
LLC |
Common Stock, $0.0001 par value per share |
|
WTMA |
|
The Nasdaq Stock Market
LLC |
Rights, each exchangeable into one-tenth of one share of Common Stock |
|
WTMAR |
|
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 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging
growth company ☒
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
1.01 Entry into a Material Definitive Agreement.
Amendment to Trust Agreement
The information disclosed
in Item 5.07 of this Current Report on Form 8-K is incorporated by reference into this Item 1.01 to the extent required herein. As approved
by its stockholders at the special meeting (defined below), on September 29, 2023, Welsbach Technology Metals Acquisitions Corp. (the
“Company” or “WTMA”) and Continental Stock Transfer & Trust Company entered into an amendment to the Investment
Management Trust Agreement, dated September 29, 2023, by and between Continental Stock Transfer & Trust Company and the Company (the
“Trust Agreement”). A copy of the amendment to the Trust Agreement is attached to this Current Report on Form 8-K as Exhibit
10.1 and is incorporated herein by reference.
Entry into Non-Redemption Agreements
As previously disclosed, Welsbach
Acquisition Holdings LLC (the “Sponsor”) and the Company intended to discuss with certain of the Company’s existing
shareholders the terms and conditions of a potential non-redemption incentive offered to the Company’s existing shareholders, including,
but not limited to, entry into customary non-redemption agreements where, in exchange for a shareholder’s agreement not to redeem
certain shares of the Company’s common stock (the “Non-Redeemed Shares”) in connection with the special meeting of
the stockholders of the Company (the “Special Stockholder Meeting”) to approve, amongst other, an extension of time for the
Company to consummate an initial business combination (the “Extension Amendment Proposal”) for an additional nine months
from September 30, 2023 to June 30, 2024, the Company and the Sponsor would agree to cause the surviving entity of any future Company
initial business combination (“MergeCo”) to issue to such shareholders a certain number of additional ordinary or common
shares of MergeCo immediately following the consummation of an initial business combination, if they continue to hold such Non-Redeemed
Shares through the Special Stockholder Meeting. A form of non-redemption agreement (the “Non-Redemption Agreement) was attached
as Exhibit 10.1 to the Company’s Report on Form 8-K, filed with the Securities and Exchange Commission on September 26, 2023.
As of the date hereof, the Sponsor and the Company
have entered into Non-Redemption Agreements with several unaffiliated third parties (the “Investors”) on substantially
the same terms in exchange for their agreement to not redeem an aggregate of 2,432,185 ordinary shares in the Company at the Special Stockholder
Meeting. In exchange for the foregoing commitment not to redeem such shares, the Sponsor has agreed to cause MergeCo to issue to
such Investors an aggregate of 535,079 ordinary shares of MergeCo immediately following the consummation of an initial business combination
if they continue to hold such Non-Redeemed Shares through the Special Stockholder Meeting. The foregoing summary of the Non-Redemption Agreements
does not purport to be complete and is qualified in its entirety by reference to the form of Non-Redemption Agreement attached hereto
as Exhibit 10.2 and incorporated herein by reference.
Entry into Working Capital Note
On September 28, 2023, the
Company issued a promissory note (the “Working Capital Note”) in the principal amount of $22,000 to the Sponsor in exchange
for cash for an aggregate total Working Capital Loan of $484,000 as of the date hereof. The Working Capital Note is a non-interest bearing,
unsecured promissory note that will not be repaid in the event that the Company is unable to close an initial business combination unless
there are funds available outside the trust account to do so. Such Working Capital Note would either be paid upon consummation of the
initial business combination out of the proceeds of the trust account released to the Company or, at the Sponsor’s discretion,
converted, in full or in part, upon consummation of the initial business combination into additional private units at a price of $10.00
per unit. Additional Working Capital Notes may be funded at the discretion of the Sponsor, in total amounts for the Working Capital Notes
series not to exceed $1.5 million.
Any units issued upon conversion
of the Working Capital Note will be registrable securities pursuant to the Company’s registration rights agreement dated as of
December 27, 2021, a form of which was filed as Exhibit 10.4 to the Company’s Registration Statement on Form S-1 as filed with
the Securities and Exchange Commission on December 21, 2021.
The foregoing description
is qualified in its entirety by reference to the Form of Working Capital Note, a copy of which is attached as Exhibit 10.3 hereto
and is incorporated herein by reference.
Item 2.03 Creation
of a Direct Financial Obligation or an Obligation Under an Off-balance Sheet Arrangement of a Registrant.
The disclosure contained in
Item 1.01 of this Current Report on Form 8-K is incorporated by reference in this Item 2.03 to the extent required herein.
Item 5.03 Amendments to Articles of Incorporation or Bylaws
The
information disclosed in Item 5.07 of this Current Report on Form 8-K is incorporated by reference into this Item 5.03 to the extent
required herein. As approved by its stockholders at the special meeting, on September 29, 2023, the Company filed a certificate of amendment
to its amended and restated certificate of incorporation (the “Charter”) which became effective upon filing. A copy of the
certificate of amendment to the Charter is attached to this Current Report on Form 8-K as Exhibit 3.1 and is incorporated herein by reference.
Item
5.07 Submission of Matters to a Vote of Security Holders.
On September 29, 2023, the
Company held a special meeting of its stockholders (the “special meeting”). On August 11, 2023, the record date for the special
meeting, there were 5,913,698 shares of common stock of the Company entitled to be voted at the special meeting, approximately 84.111%
of which were represented in person or by proxy at the special meeting.
The final results for each
of the matters submitted to a vote of the Company’s stockholders at the special meeting are as follows:
1. Charter Amendment Proposal
The stockholders approved
the proposal to amend (the “Charter Amendment”) the Company’s Charter by allowing the Company to extend (the “Extension”)
the date by which it has to consummate a business combination (the “Combination Period”) with a target (the “Target”)
for up to an additional nine months, from September 30, 2023, to up to June 30, 2024. The voting results were as follows:
FOR |
|
AGAINST |
|
ABSTAIN |
4,152,181 |
|
821,915 |
|
0 |
2. Trust Amendment Proposal
The stockholders approved
the proposal to amend (the “Trust Amendment” and together with the Charter Amendment, the “Extensions”) the Trust
Agreement, allowing the Company to extend the Combination Period for up to an additional nine months, from September 30, 2023, to up
to June 30, 2024 (the “Trust Amendment”), for no contribution to the trust account. The voting results were as follows:
FOR |
|
AGAINST |
|
ABSTAIN |
4,152,181 |
|
821,915 |
|
0 |
As there were sufficient
votes at the time of the special meeting to approve each of the above proposals, the Adjournment Proposal, which had been previously
voted on by proxy, was not presented to stockholders at the special meeting.
Item
8.01. Other Events.
In connection with the votes to approve the Extensions, the holders
of 1,456,871 shares of common stock of the Company properly exercised, and as of the date hereof have not reversed, their right to redeem their shares for cash at a redemption price
of approximately $10.82 per share, for an aggregate redemption amount of approximately $15.76 million, leaving approximately $23.52 million
in the trust account, based on the approximately $39.28 million held in the trust account as of August 24, 2023 (less funds that may be
withdrawn to pay taxes).
The Company has determined
that it will not utilize any funds from its trust account to pay any potential excise taxes that may become due upon a redemption of
the Company’s public shares in connection with a liquidation of the Company if it does not effect a business combination prior
to its termination date.
Cautionary Statement Regarding Forward-Looking
Statements
Certain
statements made in this Current Report on Form 8-K are “forward looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such “forward-looking statements”
with respect to the proposed transaction between a target and WTMA include statements regarding the benefits of the transaction, the
anticipated timing of the transaction and the products and markets of a target. These forward-looking statements generally are identified
by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “plan,” “may,” “should,”
“will,” “would,” “will be,” “will continue,” “will likely result,” and similar
expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current
expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events
to differ materially from the forward-looking statements in this Current Report on Form 8-K, including but not limited to: (i) the risk
that the transaction may not be completed in a timely manner or at all, which may adversely affect the price of WTMA’s securities,
(ii) the risk that the transaction may not be completed by WTMA’s business combination deadline and the potential failure to obtain
an extension of the business combination deadline if sought by WTMA, (iii) the failure to satisfy the conditions to the consummation
of the transaction, including the adoption of a Merger Agreement by the shareholders of WTMA, the satisfaction of the minimum amount
in the trust account, if any, following redemptions by WTMA’s public shareholders and the receipt of certain governmental and regulatory
approvals, (iv) the potential lack of a third party valuation in determining whether or not to pursue the proposed transaction, (v) the
inability to complete a PIPE investment, (vi) the occurrence of any event, change or other circumstance that could give rise to the termination
of a Merger Agreement, (vii) the effect of the announcement or pendency of the transaction on a target’s business relationships,
operating results, and business generally, (viii) risks that the proposed transaction disrupts current plans and operations of a target
and potential difficulties in employee retention as a result of the transaction, (ix) the outcome of any legal proceedings that may be
instituted against a target or against WTMA related to a Merger Agreement or the proposed transaction, (x) the ability to maintain the
listing of WTMA’s securities on a national securities exchange, (xi) the price of WTMA’s securities may be volatile due to
a variety of factors, including changes in the competitive and regulated industries in which WTMA plans to operate or a target operates,
variations in operating performance across competitors, changes in laws and regulations affecting WTMA’s or a target’s business,
a target’s inability to implement its business plan or meet or exceed its financial projections and changes in the combined capital
structure, (xii) changes in general economic conditions, including as a result of the COVID-19 pandemic, and (xiii) the ability to implement
business plans, forecasts, and other expectations after the completion of the proposed transaction, and identify and realize additional
opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks
and uncertainties described in a registration statement on Form S-4 following identification of a target and execution of a Merger Agreement,
the proxy statement/prospectus and other documents filed or that may be filed by WTMA from time to time with the SEC. These filings identify
and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained
in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and a target and WTMA assume no obligation and do not intend to update or revise these
forward-looking statements, whether as a result of new information, future events, or otherwise. Neither a target nor WTMA gives any
assurance that either a target or WTMA, or the combined company, will achieve its expectations.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
The Exhibit Index is incorporated by reference
herein.
EXHIBIT INDEX
Exhibit No. | |
Description |
| |
|
3.1 | |
Certificate of Amendment to the Amended and Restated Certificate of Incorporation of Welsbach Technology Metals Acquisitions Corp., dated September 29, 2023
|
| |
|
10.1 | |
Amendment to the Investment Management Trust Agreement, by and between Welsbach Technology Metals Acquisitions Corp. and Continental Stock Transfer & Trust Company, dated September 29, 2023
|
| |
|
10.2 | |
Form of Non-Redemption Agreement (incorporated by reference to Exhibit 10.1 to the Company’s Report on Form 8-K, filed with the Securities and Exchange Commission on September 26, 2023) |
| |
|
10.3 | |
Working Capital Note (incorporated by reference to Exhibit 10.1 of the Company’s Report on Form 8-K, filed with the Securities and Exchange Commission on August 1, 2023)
|
| |
|
99.1 | |
Press Release, dated October 2, 2023, Announcing Extension of Time Period to Consummate a Business Combination |
| |
|
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.
Dated: October 3, 2023
Welsbach Technology Metals Acquisition Corp.
By: |
/s/ Christopher Clower |
|
Name: |
Christopher Clower |
|
Title: |
Chief Operating Officer and Director |
|
5
Exhibit 3.1
CERTIFICATE OF AMENDMENT
TO THE
AMENDED AND RESTATED
CERTIFICATE OF INCORPORATION
OF
WELSBACH TECHNOLOGY METALS ACQUISITION CORP.
SEPTEMBER 29, 2023
Welsbach Technology Metals
Acquisition Corp., a corporation organized and existing under the laws of the State of Delaware (the “Corporation”),
DOES HEREBY CERTIFY AS FOLLOWS:
| 1. | The name of the Corporation is “Welsbach Technology
Metals Acquisition Corp.” The original certificate of incorporation of the Corporation was filed with the Secretary of State
of the State of Delaware on May 27, 2021. The Amended and Restated Certificate of Incorporation of the Corporation (the “Amended
and Restated Certificate”) was filed with the Secretary of State of the State of Delaware on December 27, 2021. |
| 2. | This Certificate of Amendment to the Amended and Restated
Certificate of Incorporation (this “Amendment”) amends the Amended and Restated Certificate. |
| 3. | This Amendment was duly adopted by the Board of Directors
of the Corporation and the stockholders of the Corporation in accordance with Section 242 of the General Corporation Law of the State
of Delaware. |
| 4. | The text of Article Fifth, paragraph E is hereby amended
and restated to read in full as follows: |
| “E. | In the event that the Corporation does not consummate
a Business Combination by (A) September 30, 2023, or (B) June 30, 2024 if the Corporation elects to extend the amount of time to complete
a Business Combination in accordance with paragraph G below and with the terms of the Trust Agreement (in any case, such date being referred
to as the “Liquidation Date”), the Corporation shall (i) cease all operations except for the purposes of winding up,
(ii) as promptly as reasonably possible but not more than ten business days thereafter redeem 100% of the IPO Shares for cash for a redemption
price per share as described below (which redemption will completely extinguish such holders’ rights as stockholders, including
the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible
following such redemption, subject to approval of the Corporation’s then stockholders and subject to the requirements of the GCL,
including the adoption of a resolution by the Board pursuant to Section 275(a) of the GCL finding the dissolution of the Corporation
advisable and the provision of such notices as are required by said Section 275(a) of the GCL, dissolve and liquidate the balance of
the Corporation’s net assets to its remaining stockholders, as part of the Corporation’s plan of dissolution and liquidation,
subject (in the case of (ii) and (iii) above) to the Corporation’s obligations under the GCL to provide for claims of creditors
and other requirements of applicable law. In such event, the per share redemption price shall be equal to a pro rata share of the Trust
Account plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Corporation to pay
its taxes divided by the total number of IPO Shares then outstanding.” |
| 5. | The text of Article Fifth, paragraph G is hereby amended
and restated to read in full as follows: |
” G. In the event that the Corporation does not consummate a Business Combination by September 30, 2023 (the “Current Termination Date”), the Corporation may, by resolution of the Board if requested by the Corporation’s insiders or their affiliates, who may make such request but are not obligated to, extend the period of time to consummate a Business Combination by such amount of time as the Board determines at each extension, up to nine (9) additional months (or up to June 30, 2024) (as so extended, the Final Termination Date, and together with the Current Termination Date, the “Termination Date”).”
IN WITNESS WHEREOF, Welsbach
Technology Metals Acquisition Corp. has caused this Certificate of Amendment to the Amended and Restated Certificate to be duly executed
in its name and on its behalf by an authorized officer as of the date first set above.
WELSBACH TECHNOLOGY METALS ACQUISITION
CORP. |
|
|
|
By: |
/s/
Daniel Mamadou |
|
|
Name: |
Daniel Mamadou |
|
|
Title: |
Chief Executive Officer |
|
Exhibit 10.1
TRUST AMENDMENT
THIS AMENDMENT TO THE INVESTMENT
MANAGEMENT TRUST AGREEMENT (this “Amendment”) is made as of September 29, 2023, by and between Welsbach Technology
Metals Acquisition Corp., a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company,
a New York corporation (the “Trustee”). Capitalized terms contained in this Amendment, but not specifically defined
in this Amendment, shall have the meanings ascribed to such terms in that certain Investment Management Trust Agreement, dated December
27, 2021, by and between the parties hereto, as previously amended on March 28, 2023 (the “Trust Agreement”).
WHEREAS, a total of $77,276,860
was placed in the Trust Account from the IPO and sale of private rights;
WHEREAS, Section 7(c) of
the Trust Agreement provides the Trust Agreement may only be amended with the approval of the holders of 50% or more of the shares of
Common Stock represented at the special meeting (the “Consent of the Stockholders”) provided that all Public
Stockholders must be given the right to receive a pro-rata portion of the trust account (no less than $10.00 per share plus the amount
per share deposited in the Trust Account pursuant to any Extension Letter) in connection with any such amendment) (the “Redemption
Right”);
WHEREAS, the Company obtained
the Consent of the Stockholders to approve this Amendment and provided the Redemption Right; and
WHEREAS, each of the Company,
the Underwriters and Trustee desire to amend the Trust Agreement as provided herein.
NOW, THEREFORE, in consideration
of the mutual agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
and intending to be legally bound hereby, the parties hereto agree as follows:
| 1. | Amendments to Trust Agreement. |
| (a) | The Section 1 (i) of the Trust Agreement is hereby amended
and restated as follows: |
“(i) Commence liquidation
of the Trust Account only after and promptly after receipt of, and only in accordance with, the terms of a letter (“Termination
Letter”), in a form substantially similar to that attached hereto as either Exhibit A or Exhibit B, signed on behalf of the
Company by its President, Chief Executive Officer or Chairman of the Board and Secretary or Assistant Secretary and, in the case of a
Termination Letter in a form substantially similar to that attached hereto as Exhibit A, acknowledged and agreed to by Chardan, and complete
the liquidation of the Trust Account and distribute the Property in the Trust Account only as directed in the Termination Letter and the
other documents referred to therein; provided, however, that in the event that a Termination Letter has not been received by the Trustee
by (i) September 30, 2023 (“Closing”), or (ii) in the event that the Company extended the time to complete the Business
Combination for up to nine additional months up to June 30, 2024, but has not completed the Business Combination within such period (as
applicable, the “Last Date”), the Trust Account shall be liquidated in accordance with the procedures set forth in
the Termination Letter attached as Exhibit B hereto and distributed to the Public Stockholders as of the Last Date.”
| 2. | Miscellaneous Provisions. |
| 2.1. | Successors. All the covenants and provisions of this
Amendment by or for the benefit of the Company or the Trustee shall bind and inure to the benefit of their permitted respective successors
and assigns. |
| 2.2. | Severability. This Amendment shall be deemed severable,
and the invalidity or unenforceability of any term or provision hereof shall not affect the validity or enforceability of this Amendment
or of any other term or provision hereof. Furthermore, in lieu of any such invalid or unenforceable term or provision, the parties hereto
intend that there shall be added as a part of this Amendment a provision as similar in terms to such invalid or unenforceable provision
as may be possible and be valid and enforceable. |
| 2.3. | Applicable Law. This Amendment shall be governed by
and construed and enforced in accordance with the laws of the State of New York. |
| 2.4. | Counterparts. This Amendment may be executed in several
original or facsimile counterparts, each of which shall constitute an original, and together shall constitute but one instrument. |
| 2.5. | Effect of Headings. The section headings herein are
for convenience only and are not part of this Amendment and shall not affect the interpretation thereof. |
| 2.6. | Entire Agreement. The Trust Agreement, as modified
by this Amendment, constitutes the entire understanding of the parties and supersedes all prior agreements, understandings, arrangements,
promises and commitments, whether written or oral, express or implied, relating to the subject matter hereof, and all such prior agreements,
understandings, arrangements, promises and commitments are hereby canceled and terminated. |
[Signature Page to Follow]
IN WITNESS WHEREOF,
the parties have duly executed this Amendment as of the date first set forth above.
WELSBACH
TECHNOLOGY METALS ACQUISITION CORP. |
|
|
|
|
By: |
/s/
Daniel Mamadou |
|
|
Name: |
Daniel Mamadou |
|
|
Title: |
Chief Executive Officer |
|
CHARDAN
CAPITAL MARKETS, LLC,
|
|
|
|
|
AS THE REPRESENTATIVE
OF THE UNDERWRITERS IN THE IPO |
|
|
|
By: |
/s/
George Kaufman |
|
|
Name: |
George Kaufman |
|
|
Title: |
Managing Director |
|
CONTINENTAL
STOCK TRANSFER & TRUST COMPANY,
|
|
|
|
AS TRUSTEE |
|
|
|
|
By: |
/s/
Francis Wolf |
|
|
Name: |
Francis Wolf |
|
|
Title: |
Vice President |
|
3
Exhibit
99.1
Welsbach
Technology Metals Acquisition Corp. Announces Extension to Business Combination Deadline
FOR
IMMEDIATE RELEASE
New York, NY, October 3, 2023 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (the “Company”), a blank check company
formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination
with one or more businesses (a “Business Combination”), announced today that it has approved an extension of the time
period to consummate a Business Combination, in accordance with Article G of the Company’s amended and restated certificate of
incorporation, to and including June 30, 2024. On September 29, 2023, the Company held a special meeting of its stockholders (the “special
meeting”). On August 11, 2023, the record date for the special meeting, there were 5,913,698 shares of common stock of the Company
entitled to be voted at the special meeting, approximately 84.111% of which were represented in person or by proxy at the special meeting.
The
final results for each of the matters submitted to a vote of the Company’s stockholders at the special meeting are as follows:
1.
Charter Amendment Proposal
The
stockholders approved the proposal to amend the Company’s Charter by allowing the Company to extend the date by which it has to
consummate a business combination with a target for up to an additional nine months, from September 30, 2023 to up to June 30, 2024,
for no contribution to the trust account.
2.
Trust Amendment Proposal
The
stockholders approved the proposal to amend the Trust Agreement, allowing the Company to extend the Combination Period for up to an additional
nine months, from September 30, 2023 to up to June 30, 2024, for no contribution to the trust account.
As
there were sufficient votes at the time of the special meeting to approve each of the above proposals, the Adjournment Proposal, which
had been previously voted on by proxy, was not presented to stockholders at the special meeting.
This
press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities
in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under
the securities laws of any such state or jurisdiction.
Cautionary
Statement Concerning Forward-Looking Statements
This
press release contains statements that constitute “forward-looking statements.” including with respect to the extensions.
No assurance can be given that the transactions discussed above will be completed on the terms described, or at all. Forward-looking
statements are subject to numerous conditions, many of which are beyond the control of the Company.
About
WTMAC
WTMAC
is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization
or similar business combination with one or more businesses. While WTMAC may pursue an acquisition in any business industry or sector,
it intends to concentrate its efforts on targets in the technology metals and energy transition materials industry. WTMAC is led by Chief
Executive Officer Daniel Mamadou and Chief Operating Officer Chris Clower.
Investor
Contact:
Christopher
Clower, Welsbach Technology Metals Acquisition Corp.
chris@welsbach.sg
v3.23.3
Cover
|
Sep. 28, 2023 |
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Sep. 28, 2023
|
Current Fiscal Year End Date |
--12-31
|
Entity File Number |
001-41183
|
Entity Registrant Name |
Welsbach Technology Metals Acquisition Corp.
|
Entity Central Index Key |
0001866226
|
Entity Tax Identification Number |
87-1006702
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
160 S Craig Place
|
Entity Address, City or Town |
Lombard
|
Entity Address, State or Province |
IL
|
Entity Address, Postal Zip Code |
60148
|
City Area Code |
217
|
Local Phone Number |
615-1216
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Entity Emerging Growth Company |
true
|
Elected Not To Use the Extended Transition Period |
false
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WTMAU
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WTMA
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NASDAQ
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WTMAR
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NASDAQ
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Welsbach Technology Meta... (NASDAQ:WTMA)
過去 株価チャート
から 5 2024 まで 6 2024
Welsbach Technology Meta... (NASDAQ:WTMA)
過去 株価チャート
から 6 2023 まで 6 2024