TMC the metals Co Inc 8-K, filed Jan 23, 2025
TMC the metals Co Inc. (TMC)
About this 8-K
TMC the metals Co Inc filed this 8-K on January 23, 2025, reporting on events of January 17, 2025.
Items reported
- Item 8.01: Other events
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| Item 8.01. | Other Events. |
As previously reported, on January 6, 2025, TMC the metals company Inc. (the “Company”) received written notice from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the closing bid price for the Company’s common shares (the “Common Shares”) had fallen below $1.00 per share for 34 consecutive business days, which is the minimum closing bid price required to maintain listing on the Nasdaq Stock Market under Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Requirement”).
On January 17, 2025, the Company received written notice from the Nasdaq notifying the Company that since the closing bid price for the Common Shares was $1.00 per share or greater for ten consecutive business days, the Company has regained compliance with the Minimum Bid Requirement and this matter is now closed.
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 23, 2025 | By: | /s/ Craig Shesky |
| Name: | Craig Shesky | |
| Title: | Chief Financial Officer | |