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TMC the metals Co

🧟 Zombie
$TMCIndustrialsSPAC Year: 2020

Trust Size

$176M

Peak Price

$15.39

Current Price

$5.42

Return

-49.4%

Price Journey

$10 IPO$15.39 peak$5.42

What Happened

TMC The Metals Company is developing the world's largest estimated source of critical battery metals — polymetallic nodules on the ocean floor in the Pacific Ocean. The company went public via SPAC merger with Sustainable Opportunities Acquisition Corp in 2021.

Sustainable Opportunities Acquisition Corp merged with TMC in September 2021 at a ~$2.9 billion valuation. The deep-sea mining company has faced regulatory uncertainty and environmental opposition as it seeks permission to mine the seafloor. The stock has declined significantly from its SPAC price but TMC continues to pursue its mining claims. It was misclassified as bankrupt.

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Timeline

2020-05-01

S-1 Registration Filed

SEC Filing Details

CIK Number

1798562

Total SEC Filings

469

State of Incorporation

A1

Last Filing Date

2026-03-09

Business Location

Dallas, TX

Trust/Asset Size

$176M

Data sourced from SEC EDGAR Company Facts API and EFTS search index.

📄 SEC Filings

View all EDGAR filings for TMC the metals Co

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