UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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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).
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| Item 5.03 | Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year. |
The information set forth in Item 8.01 is incorporated into this Item 5.03 by reference.
| Item 8.01. | Other Information. |
On January 1, 2026, TMC the metals company Inc. (the “Company”) completed a vertical short-form amalgamation pursuant to the Business Corporations Act (British Columbia) (the “BCABC”) with its previously wholly owned subsidiary, DeepGreen Metals ULC (“DGM”), which was an intermediate holding company with no operations, in order to simplify the corporate structure of the Company. Pursuant to the amalgamation, (a) the Company is a continuing entity with no changes to its share capital, outstanding warrants to purchase common shares and outstanding equity incentive awards and (b) all of the issued and outstanding shares of DGM have been cancelled and the assets and liabilities of DGM have been assumed into the Company for no consideration.
There will be no changes to the Company’s business or operations as a result of the amalgamation.
In connection with the amalgamation, the Company was issued a Certificate of Amalgamation effective as of January 1, 2026 under the BCABC which includes the continuation of the Company’s Notice of Articles and Articles.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit No. | Description |
| 3.1 | Certificate of Amalgamation of TMC the metals company Inc., effective as of January 1, 2026. |
| 3.2† | Notice of Articles of TMC the metals company Inc. |
| 3.3 | Articles of TMC the metals company Inc. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
† Certain personally identifiable information has been omitted from this exhibit pursuant to Regulation S-K Item 601(a)(6).
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: January 2, 2026 | By: | /s/ Craig Shesky |
| Name: | Craig Shesky | |
| Title: | Chief Financial Officer | |