Financing ·
Evolution Metals & Technologies Corp. entered into a Securities Purchase Agreement with Yorkville Advisors Global, LP…
EMATEvolution Metals & Technologies Corp.
Evolution Metals & Technologies Corp. entered into a Securities Purchase Agreement with Yorkville Advisors Global, LP to issue convertible debentures totaling $30,927,835 in principal amount. The first debenture of $22,000,000 was issued on September 17, 2026, with subsequent tranches of $2,000,000 and $6,927,835 expected upon SEC registration filings. The instruments carry a 4% annual interest rate, mature on September 17, 2028, and are convertible into common stock at a price equal to the lower of $5.02 or 95% of the five-day VWAP, subject to Nasdaq exchange caps and beneficial ownership limits. Proceeds will support general corporate purposes and operational expansion. Evolution Metals & Technologies Corp. operates in the metals and technologies sector.