Welsbach Technology Metals Acquisition Corp. 8-K

What Happened

• Welsbach Technology Metals Acquisition Corp. filed an 8-K reporting that, at a special meeting on December 30, 2025, stockholders approved amendments to the company’s charter and trust agreement to extend the SPAC business combination deadline by up to three months, from December 30, 2025 to March 30, 2026. The company filed a Certificate of Amendment to its amended and restated certificate of incorporation on December 30, 2025 (effective upon filing).
• The filing also discloses an amendment to the Investment Management Trust Agreement (Exhibit 10.1) dated December 30, 2025 and includes disclosure under Item 2.03 regarding a creation of a direct financial obligation.

Key Details

• Special meeting record date: December 15, 2025; 2,848,313 shares entitled to vote; ~83.64% represented.
• Charter Amendment vote: 2,382,044 FOR, 216 AGAINST, 0 ABSTAIN. Trust Amendment vote: 2,382,255 FOR, 5 AGAINST, 0 ABSTAIN.
• No public-share redemptions were exercised in connection with the extensions; redemption price was approximately $11.45 per share.
• Trust account cash remaining: approximately $6.46 million as of December 30, 2025 (less funds that may be withdrawn to pay taxes). The company said it will not use trust funds to pay potential excise taxes or dissolution expenses if liquidation occurs.

Why It Matters

• The approved three-month extension gives the SPAC additional time (to March 30, 2026) to identify and complete a business combination, but available cash in the trust is limited (~$6.46M), which may constrain deal size or require outside financing.
• No redemptions preserved the trust balance; however, the company’s statement that it will not use trust funds for excise taxes or dissolution expenses clarifies how remaining trust funds would be treated in a liquidation scenario.
• Investors should note the filing includes forward-looking statements about potential transactions and associated risks; material developments (target identification, merger agreement, PIPE financing, regulatory approvals) will be announced in future SEC filings.