false 0001798562 TMC the metals Co Inc. 00-0000000 0001798562 2024-05-30 2024-05-30 0001798562 TMC:TMCCommonShareswithoutparvalueMember 2024-05-30 2024-05-30 0001798562 TMC:RedeemablewarrantseachwholewarrantexercisableforoneTMCCommonShareeachatanexercisepriceofdollar1150pershareMember 2024-05-30 2024-05-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

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

 

Date of Report (Date of earliest event reported): May 30, 2024

 

 

TMC THE METALS COMPANY INC.

(Exact name of registrant as specified in its charter)

 

 

British Columbia, Canada 001-39281 Not Applicable
(State or other jurisdiction of
incorporation)		 (Commission File Number) (IRS Employer
Identification No.)
     
595 Howe Street, 10th Floor
Vancouver, British Columbia		   V6C 2T5
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (604) 631-3115

 

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

TMC Common Shares without par value   TMC   The Nasdaq Stock Market LLC
Redeemable warrants, each whole warrant exercisable for one TMC Common Share, each at an exercise price of $11.50 per share   TMCWW   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 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

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 5.07. Submission of Matters to a Vote of Security Holders.

 

The 2024 Annual and Special Meeting of Shareholders of TMC the metals company Inc. (the “Company”) was held on May 30, 2024 at 10:00 a.m. EDT (the “Annual Meeting”). The actions set forth below were taken at the Annual Meeting. Of the Company’s 318,494,226 common shares outstanding and eligible to vote as of the record date of April 3, 2024, a quorum of more than two shareholders representing 199,608,830 shares, or 62.6% of the eligible shares, was present or represented by proxy at the Annual Meeting. Each of the matters set forth below is described in detail in the Company’s Proxy Statement filed with the Securities and Exchange Commission on April 18, 2024.

 

1. Set the number of directors at nine (9).

 

Votes For  Votes Against   Votes Abstained 
198,343,060   845,144    420,627 

 

2. Election of the following directors of the Company, to serve until the Company’s 2025 annual meeting of shareholders and until their respective successors have been elected and qualified.

 

   Votes For   Votes Withheld   Broker Non-Votes 
Gerard Barron   139,465,317    328,377    59,815,136 
Andrew Hall   136,406,198    3,387,496    59,815,136 
Andrew Greig   139,409,302    384,392    59,815,136 
Andrei Karkar   139,288,404    505,290    59,815,136 
Sheila Khama   136,423,080    3,370,614    59,815,136 
Christian Madsbjerg   139,222,093    571,581    59,815,136 
Stephen Jurvetson   139,369,591    424,103    59,815,136 
Amelia Kinahoi Siamomua   139,378,097    415,597    59,815,136 
Brendan May   139,354,460    439,234    59,815,136 

 

3. Appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the 2024 fiscal year.

 

Votes For  Votes Withheld 
199,182,319   426,511 

 

4. To approve on a non-binding advisory basis the compensation of the Company’s Chief Executive Officer and Chairman.

 

Votes For  Votes Against   Votes Abstained   Broker Non-Votes 
137,724,800   1,666,030    402,864    59,815,136 

 

 

 

 

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.

 

  TMC THE METALS COMPANY INC.
   
Date: May 31, 2024 By: /s/ Craig Shesky
  Name: Craig Shesky
  Title: Chief Financial Officer

 

 

 

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Cover
May 30, 2024
Document Information [Line Items]  
Document Type 8-K
Amendment Flag false
Document Period End Date May 30, 2024
Entity File Number 001-39281
Entity Registrant Name TMC the metals Co Inc.
Entity Central Index Key 0001798562
Entity Tax Identification Number 00-0000000
Entity Incorporation, State or Country Code A1
Entity Address, Address Line One 595 Howe Street
Entity Address, Address Line Two 10th Floor
Entity Address, City or Town Vancouver
Entity Address, State or Province BC
Entity Address, Postal Zip Code V6C 2T5
City Area Code 604
Local Phone Number 631-3115
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
T M C Common Shareswithoutparvalue [Member]  
Document Information [Line Items]  
Title of 12(b) Security TMC Common Shares without par value
Trading Symbol TMC
Security Exchange Name NASDAQ
Redeemablewarrantseachwholewarrantexercisableforone T M C Common Shareeachatanexercisepriceofdollar 1150pershare [Member]  
Document Information [Line Items]  
Title of 12(b) Security Redeemable warrants, each whole warrant exercisable for one TMC Common Share, each at an exercise price of $11.50 per share
Trading Symbol TMCWW
Security Exchange Name NASDAQ
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