Trust Size
$176M
Peak Price
$15.39
Current Price
$5.42
Return
-49.4%
Price Journey
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.
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