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The Metals Company Provides Third Quarter 2024 Corporate Update
GlobeNewswire News Room· 2024-11-15 05:55
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today provided a corporate update and financial results for the third quarter ending September 30, 2024. Q3 2024 Financial Highlights Current liquidity available from our cash on hand and our credit facilities of approximately $63 million as of date of filingBorrowing capacity of our unsecured credit facilities increase ...
The Metals Company Announces US$17.5 Million Registered Direct Offering of Common Shares and Class B Warrants
GlobeNewswire News Room· 2024-11-15 05:33
NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or the “Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it has entered into a securities purchase agreement with certain new and existing institutional investors for the purchase of an aggregate of 17,500,000 common shares of the Company (the “Shares”), without par value (“Common Shares”), and accompanying Class B warrants (the “Class B Warrants” and col ...
TMC INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that TMC the metals company Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2024-11-15 05:00
NEW YORK, Nov. 14, 2024 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against TMC the metals company Inc. ("TMC" or "the Company") (NASDAQ: TMC) and certain of its officers.Class DefinitionThis lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired TMC securiti ...
TMC Investors Have Opportunity to Lead TMC the metals company Inc. Securities Fraud Lawsuit
Prnewswire· 2024-11-14 08:00
NEW YORK, Nov. 13, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of TMC the metals company Inc. (NASDAQ: TMC) between May 12, 2023 and March 25, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 7, 2025.So what: If you purchased TMC securities during the Class Per ...
TMC ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against TMC the metals company Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-11-13 10:00
NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against TMC the metals company Inc. ("TMC" or the "Company") (NASDAQ: TMC) in the United States District Court for the Central District of California on behalf of all persons and entities who purchased or otherwise acquired TMC securities between May 12, 2023 and March 25, 2024, both dates inclusive (the “Class Period”). Investors ...
SHAREHOLDER ALERT: Class Action Lawsuit Filed on Behalf of TMC the metals company Inc. (TMC) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
GlobeNewswire News Room· 2024-11-13 00:23
ATLANTA, Nov. 12, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against TMC the metals company Inc. (“TMC” or “the Company”) (NASDAQ: TMC). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse information regarding the Company’s business, operations, and compliance policies, including allegations that: (i) TMC maintained deficient internal controls over financial reporting; (ii) as a result, the Company ...
TMC Investors Have Opportunity to Lead TMC the metals company Inc. Securities Fraud Lawsuit with the Schall Law Firm
Prnewswire· 2024-11-12 23:00
LOS ANGELES, Nov. 12, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against TMC the metals company Inc. ("TMC" or "the Company") (NASDAQ: TMC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between May 12, 2023 and March 25, 2024, inclusive (the "Class Period"), ...
TMC Investor Alert: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the TMC the metals company Inc. Class Action Lawsuit
GlobeNewswire News Room· 2024-11-12 10:38
SAN DIEGO, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired TMC the metals company Inc. (NASDAQ: TMC) securities between May 12, 2023 and March 25, 2024. TMC is a deep-sea minerals exploration company focused on the collection, processing, and refining of polymetallic nodules. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The All ...
Investor Notice: Robbins LLP Informs Stockholders of the Class Action Lawsuit Filed Against TMC the metals company Inc.
Prnewswire· 2024-11-09 11:47
文章核心观点 - 股东代表在2023年5月12日至2024年3月25日期间购买TMC公司证券的所有人和实体提起集体诉讼 因公司被指未披露财务报告内部控制缺陷 [1] 关于诉讼相关情况 - 2024年3月25日TMC在向SEC提交的文件中称2023年前三季度的财务报表应重述 不应再被依赖 原因是对从LCR收到的收益的抵消项应归类为债务还是递延收入进行重新评估 [3] - 由于与LCR的交易被视为股权投资而非销售交易 根据适当的会计准则 未来收入的销售将被重新归类为特许权使用费负债 [3] - 此消息一出TMC股价在2024年3月26日每股下跌0.205美元 跌幅13.23% 收于每股1.345美元 [3] 关于参与集体诉讼 - 股东若想担任集体诉讼的首席原告 必须在2025年1月7日前向法院提交申请 [4] - 股东不必参与案件也有资格获得赔偿 若选择不采取行动 仍可作为缺席的集体成员 [4] 关于律所情况 - Robbins LLP自2002年以来一直致力于帮助股东挽回损失 改善公司治理结构并追究公司高管的不当行为责任 自成立以来 已为股东获得超过10亿美元的赔偿 [6] - 有些律所发布有关此事的消息但实际上并不进行证券集体诉讼 而Robbins LLP会进行 [6]
The Metals Company Announces Third Quarter 2024 Corporate Update Conference Call for Thursday, November 14, 2024
GlobeNewswire News Room· 2024-11-07 21:15
NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The Metals Company (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of lower-impact battery metals from seafloor polymetallic nodules, today announced that it will host a conference call on Thursday, November 14, 2024, to provide an update on third quarter financial results and recent corporate developments.  Third Quarter 2024 Conference Call Details  Date: Thursday, November 14, 2024  Time: 4:30 p.m. ET  Audio-only Dial-in: Register Here  Virtual webcast with ...