1 unchanged sentence
10b5-1 Trading Arrangements
−Removed: During the quarter ended March 31, 2024, none of our directors or officers (as defined in Section 16 of the Securities Exchange Act of 1934, as amended) adopted, modified or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1 (c) or any “ non-Rule 10b5-1 trading arrangement,” as defined in Item 408(a) of Regulation S-K.
+Added: During the three months ended June 30, 2024, none of our directors or officers (as defined in Section 16 of the Securities Exchange Act of 1934, as amended) adopted , modified or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement,” as defined in Item 408(a) of Regulation S-K.
+Added: Amendments to Credit Facilities
+Added: On August 13, 2024, we entered into the First Amendment to the 2024 Credit Facility with the 2024 Lenders, Gerard Barron and ERAS Capital LLC, to increase the borrowing limit of the 2024 Credit Facility to $25 million in the aggregate ($12.5 million from each of the 2024 Lenders).
+Added: Under the terms of the First Amendment, the borrowing limit will return to $20 million in the aggregate ($10 million from each of the 2024 Lenders) upon certain financing events.
+Added: The foregoing description of the First Amendment does not purport to be a complete description of the rights and obligations of the parties thereunder and is qualified in its entirety by reference to the full text of the First Amendment attached as Exhibit 10.5 to this Quarterly Report on Form 10-Q and incorporated herein by reference.
The following exhibits are filed as part of, or incorporated by reference into, this Quarterly Report on Form 10-Q.
5 unchanged sentences
SEC File/ Reg.
−Removed: Second Amendment to the Unsecured Credit Facility, dated March 22, 2024, by and between TMC the metals company Inc.
−Removed: and Argentum Credit Virtuti GCV
−Removed: (Exhibit 10.33)
−Removed: Unsecured Credit Facility, dated March 22, 2024, by and among TMC the metals company Inc., Gerard Barron and ERAS Capital LLC
+Added: Employment Agreement, dated April 16, 2024, by and between TMC the metals company Inc.
+Added: and Gerard Barron
(Exhibit 10.1)
2 unchanged sentences
(Exhibit 10.1)
−Removed: Employment Agreement, dated April 16, 2024, by and between TMC the metals company Inc.
−Removed: and Gerard Barron
−Removed: (Exhibit 10.1)
+Added: TMC the metals company Inc.
+Added: 2021 Incentive Equity Plan, as amended
+Added: Loan Agreement, dated May 27, 2024, by and between TMC the metals company Inc.
+Added: and Argentum Cedit Virtuti GCV
+Added: First Amendment to the Unsecured Credit Facility, dated August 13, 2024, by and between TMC the metals company Inc.
+Added: and Gerard Barron and ERAS Capital LLC
Certification of the Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
13 unchanged sentences
TMC THE METALS COMPANY INC.
+Added: August 14, 2024
/s/ Gerard Barron
1 unchanged sentence
Chief Executive Officer
+Added: August 14, 2024
/s/ Craig Shesky
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.