TMC the metals Co Inc.

Sustainable Opportunities Acquisition Corp. (ticker: SOAC) completed its initial public offering in 2020 and announced a definitive merger agreement with TMC the Metals Co Inc. on March 4, 2021. TMC operates in the clean energy and critical minerals sector, collecting polymetallic nodules from the Pacific Ocean seafloor that contain battery-grade nickel, cobalt, manganese, and copper — metals central to electric vehicle and energy storage supply chains. The transaction is now closed, with TMC subsequently listing on Nasdaq under its own ticker symbol. The deal drew sustained attention as deep-sea mining attracted capital from investors focused on diversifying critical mineral supply chains away from traditional land-based sources. Sign up at SpacDesk for complete data, filings, and analytics on SOAC and thousands of other SPAC transactions.

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