Intel stock extends gains after report of possible U.S. government stake
Welsbach Technology Metals Acquisition Corp. (WTMA), a small-cap company with a market capitalization of $40.4 million, has announced the new record date and meeting date for its upcoming Special Meeting related to the Business Combination with Evolution Metals LLC (EM). The new record date is set for May 19, 2025, and the Special Meeting will now take place on June 26, 2025. According to InvestingPro data, WTMA’s stock is trading at $11.29, showing a year-to-date decline of 11%.
The Definitive Proxy Statement/Prospectus, which was filed as part of the Registration Statement on Form S-4 with the Securities and Exchange Commission (SEC) on November 12, 2024, and amended subsequently, includes these updated dates. The original dates were disclosed at the time of effectiveness on May 14, 2025, but have since been revised.
This update also necessitated a revision to the form of proxy card previously filed. The revised proxy card is now attached as Exhibit 99.1 to reflect the new date of the Special Meeting and correct a clerical error.
WTMA, a company classified under the Miscellaneous Electrical Machinery, Equipment & Supplies industry, is incorporated in Delaware and headquartered in Chicago, Illinois. The company is currently preparing for the Special Meeting where stockholders will vote on the proposed Business Combination with EM, a transaction that has been in the works since an Amended and Restated Agreement and Plan of Merger was signed on November 6, 2024.
The Business Combination, if approved by WTMA stockholders, will mark a significant milestone for the company. The definitive proxy statement/prospectus contains important information regarding the transaction and the businesses involved. WTMA stockholders are encouraged to read these documents carefully before the Special Meeting.
The information presented in this article is based on a press release statement and the latest SEC filing by Welsbach Technology Metals Acquisition Corp.
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