EMAT · Evolution Metals & Technologies Corp.
Substantial doubt about the company's ability to continue as a going concern.
“management has determined that the Company's liquidity condition raises substantial doubt about the Company's ability to continue as a going concern through twelve months from the date the unaudited condensed consolidated financial statements were available to be issued. The unaudited condensed consolidated financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.”View the 10-Q filed Aug 17, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-08-26 | GOOD EARTH 1000, LLC |
10% Owner |
Other↓
Filing footnotes — Common Stock (Indirect)
Represents shares of Common Stock distributed by Good Earth 1000, LLC to CKLM, LLC in connection with the redemption of CKLM, LLC's 2.68% membership interest in Good Earth 1000, LLC. The transaction is reported using transaction code "J" as an "other" transaction. The distribution was made in-kind and did not involve an open-market sale of shares by the Reporting Persons. The shares distributed to CKLM, LLC were not subject to the previously disclosed pledge and account control arrangements. Following the reported transaction, Good Earth 1000, LLC directly beneficially owns 61,721,535 shares of Common Stock. This amount reflects 63,421,535 shares beneficially owned prior to the transaction, less 1,700,000 shares distributed to CKLM, LLC, by Good Earth 1000, LLC. No other transactions in the Issuer's Common Stock occurred before or concurrently with the reported transaction. The securities reported herein are directly held by Good Earth 1000, LLC. Nicole Garcia may be deemed to beneficially own the securities held by Good Earth 1000, LLC because she is the Manager of Good Earth 1000, LLC and has voting and dispositive power with respect to such securities, subject to the previously disclosed pledge and account control arrangements. The shares distributed to CKLM, LLC were distributed in-kind in redemption of CKLM, LLC's 2.68% membership interest in Good Earth 1000, LLC, and CKLM, LLC holds such shares solely in its own right and for its own account. CKLM, LLC holds an aggregate of 3,400,000 shares of the Issuer's Common Stock, representing less than one percent of the outstanding Common Stock, consisting of the 1,700,000 shares distributed in-kind in the redemption described in note (1) above and 1,700,000 shares previously acquired directly from the Issuer. CKLM, LLC holds all such shares solely in its own right and for its own account and has no agreement, arrangement, understanding or relationship, formal or informal, with Good Earth 1000, LLC or Nicole Garcia regarding the acquisition, voting, holding or disposition of the Issuer's Common Stock, and the parties act independently with respect to their respective securities. Each of Good Earth 1000, LLC and Nicole Garcia disclaims beneficial ownership of the shares held by CKLM, LLC, and CKLM, LLC disclaims beneficial ownership of the shares held by Good Earth 1000, LLC, in each case except to the extent of any pecuniary interest therein. Accordingly, CKLM, LLC is not, and has not agreed to act as, a member of a group with the Reporting Persons within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934 or Rule 13d-5 thereunder, and the filing of this statement shall not be deemed an admission that any such group exists. As a result of the reported transaction and based on 627,190,646 shares of Common Stock outstanding, the Reporting Persons beneficially own less than ten percent of the outstanding Common Stock and are no longer subject to Section 16 reporting obligations as ten percent beneficial owners of the Issuer. Form 4 or Form 5 reporting obligations may nevertheless continue with respect to transactions occurring while the Reporting Persons were subject to Section 16. |
Common Stock
(I)
|
1,700,000 |
| 2026-08-26 | GOOD EARTH 1000, LLC |
10% Owner |
Other↓
Filing footnotes — Common Stock (Direct)
Represents shares of Common Stock distributed by Good Earth 1000, LLC to CKLM, LLC in connection with the redemption of CKLM, LLC's 2.68% membership interest in Good Earth 1000, LLC. The transaction is reported using transaction code "J" as an "other" transaction. The distribution was made in-kind and did not involve an open-market sale of shares by the Reporting Persons. The shares distributed to CKLM, LLC were not subject to the previously disclosed pledge and account control arrangements. Following the reported transaction, Good Earth 1000, LLC directly beneficially owns 61,721,535 shares of Common Stock. This amount reflects 63,421,535 shares beneficially owned prior to the transaction, less 1,700,000 shares distributed to CKLM, LLC, by Good Earth 1000, LLC. No other transactions in the Issuer's Common Stock occurred before or concurrently with the reported transaction. As a result of the reported transaction and based on 627,190,646 shares of Common Stock outstanding, the Reporting Persons beneficially own less than ten percent of the outstanding Common Stock and are no longer subject to Section 16 reporting obligations as ten percent beneficial owners of the Issuer. Form 4 or Form 5 reporting obligations may nevertheless continue with respect to transactions occurring while the Reporting Persons were subject to Section 16. The securities reported herein are directly held by Good Earth 1000, LLC. Nicole Garcia may be deemed to beneficially own the securities held by Good Earth 1000, LLC because she is the Manager of Good Earth 1000, LLC and has voting and dispositive power with respect to such securities, subject to the previously disclosed pledge and account control arrangements. The shares distributed to CKLM, LLC were distributed in-kind in redemption of CKLM, LLC's 2.68% membership interest in Good Earth 1000, LLC, and CKLM, LLC holds such shares solely in its own right and for its own account. CKLM, LLC holds an aggregate of 3,400,000 shares of the Issuer's Common Stock, representing less than one percent of the outstanding Common Stock, consisting of the 1,700,000 shares distributed in-kind in the redemption described in note (1) above and 1,700,000 shares previously acquired directly from the Issuer. CKLM, LLC holds all such shares solely in its own right and for its own account and has no agreement, arrangement, understanding or relationship, formal or informal, with Good Earth 1000, LLC or Nicole Garcia regarding the acquisition, voting, holding or disposition of the Issuer's Common Stock, and the parties act independently with respect to their respective securities. Each of Good Earth 1000, LLC and Nicole Garcia disclaims beneficial ownership of the shares held by CKLM, LLC, and CKLM, LLC disclaims beneficial ownership of the shares held by Good Earth 1000, LLC, in each case except to the extent of any pecuniary interest therein. Accordingly, CKLM, LLC is not, and has not agreed to act as, a member of a group with the Reporting Persons within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934 or Rule 13d-5 thereunder, and the filing of this statement shall not be deemed an admission that any such group exists. |
Common Stock
|
1,700,000 |
| 2026-01-13 | Stoddard Thomas K |
Director |
Buy↑
Filing footnotes — Common Stock (Indirect)
CKL Realty, Inc. is the record holder of the 3,917 shares of the issuer's common stock reported herein. Thomas Stoddard is a Director and President of CKL Realty, Inc. Mr. Stoddard may be deemed to have beneficial ownership of the shares held by CKL Realty, Inc.by virtue of his control over CKL Realty, Inc., as a Director and President of CKL Realty, Inc. Thomas Stoddard has the sole voting and dispositive power over the shares held by CKL Realty, Inc. CKLM, LLC is the record holder of 1,700,000 shares if the issuer's common stock reported herein. Thomas Stoddard is the manager of CKLM, LLC. Mr. Stoddard may be deemed to have beneficial ownership of the shares held by CKLM, LLC by virtue of his control over CKLM, LLC, as manager of CKLM, LLC. The manager of CKLM, LLC is Thomas Stoddard, who has the sole voting and dispositive power over the 1,700,000 shares. |
Common Stock
(I)
|
1,000 |
| 2022-01-14 | Welsbach Acquisition Holdings LLC |
10% Owner |
Other↓
Filing footnotes — Common Stock (Direct)
As contemplated in connection with the initial public offering of the registrant, 224,328 shares of the common stock of the registrant were returned by the Sponsor to the registrant for no consideration and cancelled, because the underwriters' over-allotment option was not fully exercised. The Sponsor is the record holder of the securities reported herein. Daniel Mamadou and Christopher Clower are the managing members of the Sponsor. Messrs. Mamadou and Clower may be deemed to have shared beneficial ownership of the shares held by the Sponsor by virtue of their control over the Sponsor, as managing members of the Sponsor. Messrs. Mamadou and Clower each disclaims beneficial ownership of the common stock held by the Sponsor other than to the extent of his pecuniary interest in such shares. |
Common Stock
|
224,328 |
| 2022-01-14 | Welsbach Acquisition Holdings LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Consists of 4,554 placement units purchased by Welsbach Acquisition Holdings LLC (the "Sponsor") for $10.00 per unit in a private placement transaction with the registrant in connection with the partial exercise of the underwriter's over-allotment option. Each such unit consists of one share of common stock and one right to receive one-tenth (1/10) of a share of common stock upon the consummation of an initial business combination. The Sponsor is the record holder of the securities reported herein. Daniel Mamadou and Christopher Clower are the managing members of the Sponsor. Messrs. Mamadou and Clower may be deemed to have shared beneficial ownership of the shares held by the Sponsor by virtue of their control over the Sponsor, as managing members of the Sponsor. Messrs. Mamadou and Clower each disclaims beneficial ownership of the common stock held by the Sponsor other than to the extent of his pecuniary interest in such shares. |
Common Stock
|
4,554 |
| 2021-12-30 | Welsbach Acquisition Holdings LLC |
10% Owner |
Buy↑
Filing footnotes — Common Stock (Direct)
Consists of 347,500 placement units purchased by Welsbach Acquisition Holdings LLC (the "Sponsor") for $10.00 per unit in a private placement transaction with the registrant. Each such unit consists of one share of common stock and one right to receive one-tenth (1/10) of a share of common stock upon the consummation of an initial business combination. The Sponsor is the record holder of the securities reported herein. Daniel Mamadou and Christopher Clower are the managing members of the Sponsor. Messrs. Mamadou and Clower may be deemed to have shared beneficial ownership of the shares held by the Sponsor by virtue of their control over the Sponsor, as managing members of the Sponsor. Messrs. Mamadou and Clower each disclaims beneficial ownership of the common stock held by the Sponsor other than to the extent of his pecuniary interest in such shares. |
Common Stock
|
347,500 |