Welsbach Technology Metals Acquisition Corp

Welsbach Technology Metals Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on May 27, 2021 and is headquartered in Lombard, IL.

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Welsbach Technology Metals Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded on May 27, 2021 and is headquartered in Chicago, IL.

New York, NY, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”), announced today that it has approved an extension of the time period to consummate a Business Combination, in accordance with Article G of the Company's amended and restated certificate of incorporation, to and including June 30, 2024. On September 29, 2023, the Company held a special meeting of its stockholders (the “special meeting”). On August 11, 2023, the record date for the special meeting, there were 5,913,698 shares of common stock of the Company entitled to be voted at the special meeting, approximately 84.111% of which were represented in person or by proxy at the special meeting.

Welsbach Technology Metals Acquisition Corp. Announces Extension to Business Combination Deadline

Chicago, IL, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (NASDAQ: WTMA) (“WTMAC”) today announced that it has signed a non-binding letter of intent (“LOI”) with respect to a business combination transaction (the “Transaction”) with a target in the critical materials space (the “Target”). The Transaction is intended to result in WTMAC's successor listed company owning 100% of the Target. The Transaction structure is yet to be determined based on the due diligence findings as well as business, legal, tax, accounting and other considerations.

Welsbach Technology Metals Acquisition Corp. Announce Non-Binding Letter of Intent for a Business Combination

FOR IMMEDIATE RELEASE New York, NY, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”), announced today that it has approved an extension of the time period to consummate a Business Combination, in accordance with Article G of the Company's amended and restated certificate of incorporation, to and including August 30, 2023. In connection therewith, the Company has also approved the issuance and sale, to Welsbach Acquisition Holdings LLC (the “Sponsor”), of a non-interest bearing, unsecured promissory note equal to $125,000 (the “Proceeds”) that will not be repaid in the event that the Company is unable to close a business combination unless there are funds available outside the trust account to do so.

Welsbach Technology Metals Acquisition Corp. Announces Extension to Business Combination Deadline; Working Capital Loan from Sponsor

New York, NY, June 16, 2023 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (“WTMAC”), a publicly traded special purpose acquisition company, and WaveTech Group, Inc. (“WaveTech”), a next-generation provider of technologically advanced battery enhancement, treatment and monitoring solutions for high-usage battery and energy storage device users and manufacturers, today announced that the companies have collectively reached a decision to discontinue the previously announced merger discussions. After careful consideration, the parties have decided that the current unfavorable market conditions do not provide an optimal environment for the planned integration.

Welsbach Technology Metals Acquisition Corp. and WaveTech Group, Inc. issue Joint Statement on Termination of Merger Discussions

New York, NY, Nov. 01, 2022 (GLOBE NEWSWIRE) -- WaveTech Group, Inc. (“WaveTech” or the “Company”), a company with a core focus on innovative battery technologies, and Welsbach Technology Metals Acquisition Corp. (NASDAQ: WTMA) (“WTMA”), a publicly-traded special purpose acquisition company, announced today that they have entered into a definitive merger agreement (the “Merger Agreement”) for a proposed business combination (the “Transaction”). As a result of the Transaction, the combined company is expected to be renamed WaveTech Group, Inc. and remain listed on the Nasdaq Stock Market under the proposed ticker symbol WTG.

WaveTech Group, Inc., an Innovative Battery Technology Company, to List on Nasdaq Through Business Combination with Welsbach Technology Metals Acquisition Corp.

Welsbach Technology Metals Acquisition Corp. Announces Receipt of Deposit Proceeds from Extension Note

New York, NY, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (NASDAQ: WTMAU) (the “Company”) announced that, commencing January 20, 2022, holders of the units sold in the Company's initial public offering may elect to separately trade shares of the Company's common stock and rights included in the units. No fractional rights will be issued upon separation of the units and only whole rights will trade. Common stock and rights that are separated will trade on the Nasdaq Global Market under the symbols “WTMA” and “WTMAR,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “WTMAU.”

Welsbach Technology Metals Acquisition Corp. Announces the Separate Trading of its Common Stock and Rights, Commencing January 20, 2022

New York, NY, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (the “Company”) announced today the closing of the issuance of an additional 227,686 units pursuant to the partial exercise of the underwriters' option to purchase additional units in connection with its initial public offering at a price of $10.00 per unit, resulting in gross proceeds of $2,276,860 and bringing the total gross proceeds of the initial public offering to $77,276,860. The Company's units commenced trading on the Nasdaq Global Market (“Nasdaq”) on December 28, 2021, under the ticker symbol “WTMAU.” Each unit consists of one share of the Company's 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. Once the securities comprising the units begin separate trading, the shares of common stock and rights are expected to be listed on Nasdaq under the symbols “WTMA” and “WTMAR,” respectively.

Welsbach Technology Metals Acquisition Corp. Announces Partial Exercise of Underwriters' Over-Allotment Option in Connection with its Initial Public Offering

New York, NY, Dec. 30, 2021 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (the “Company”) announced today that it closed its initial public offering of 7,500,000 units, at $10.00 per unit, resulting in gross proceeds of $75 million. The Company's units commenced trading on the Nasdaq Global Market (“Nasdaq”) on December 28, 2021, under the ticker symbol “WTMAU.” Each unit consists of one share of the Company's 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. Once the securities comprising the units begin separate trading, the shares of common stock and rights are expected to be listed on Nasdaq under the symbols “WTMA” and “WTMAR,” respectively.

Welsbach Technology Metals Acquisition Corp. Announces Closing of $75 Million Initial Public Offering

New York, NY, Dec. 27, 2021 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 7,500,000 units, at $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and will begin trading tomorrow, Tuesday, December 28, 2021, under the ticker symbol “WTMAU.” Each unit consists of one share of the Company's 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. Once the securities comprising the units begin separate trading, the shares of common stock and rights are expected to be listed on Nasdaq under the symbols “WTMA” and “WTMAR,” respectively.

Welsbach Technology Metals Acquisition Corp. Announces Pricing of $75 Million Initial Public Offering

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