Evolution Metals & Technologies Discloses Convertible Debt Status

What Happened

• Evolution Metals & Technologies Corp. (EMAT) filed a Form 8-K on August 24, 2026, under Regulation FD disclosing the status of convertible debentures issued to YA II PN, Ltd. (“Yorkville”).
• The company had originally issued convertible debentures with an aggregate principal of $25.775 million. As of the filing date, Yorkville converted $5.775 million of principal, leaving $20.0 million of principal outstanding.

Key Details

• Company: Evolution Metals & Technologies Corp. (EMAT).
• Holder: YA II PN, Ltd. (“Yorkville”).
• Original aggregate principal: $25.775 million.
• Converted principal to date: $5.775 million; Outstanding principal remaining: $20.0 million.
• Filing: Form 8-K (Regulation FD disclosure), dated August 24, 2026.

Why It Matters

• This disclosure shows a reduction in the company’s outstanding convertible debt principal from $25.775M to $20.0M, which affects EMAT’s capital structure and reported liabilities.
• Investors should note the change when assessing the company’s leverage and monitor future filings for details on conversion terms, any related equity issuance, and potential impacts on share count and dilution.