Welsbach Technology Metals Acquisition Corp

For the period ended Dec 31, 2023. Filed Apr 16, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Apr 16, 2024

EMAT$1.22-44.0%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Changes in Stockholders’ Deficit

FOR THE YEAR ENDED DECEMBER 31, 2023 AND 2022

Common stock · Additional paid-in · Accumulated · Total Stockholders’
	Shares	Amount	capital	deficit	Deficit
Balance, January 1, 2022 (1)	2,503,750	$250	$—	$(1,232,073)	$(1,231,823)
Sale of private placement units to the sponsor	4,554	—	45,540	—	45,540
Proceeds from the exercise of over-allotment option allocated to public rights (net of offering costs)	—	—	73,142	—	73,142
Forfeiture of shares by Sponsor to the extent the over-allotment option was not exercised in full	(224,328)	(22)	22	—	—
Accretion for redeemable common stock to redemption value	—	—	(118,704)	(2,317,072)	(2,435,776)
Net loss	—	—	—	(2,390,719)	(2,390,719)
Balance, December 31, 2022	2,283,976	228	—	(5,939,864)	(5,939,636)
Accretion for redeemable common stock to redemption value	—	—	—	(2,688,399)	(2,688,399)
Excise tax on redemption of Class A common stock	—	—	—	(583,520)	(583,520)
Net loss	—	—	—	(54,322)	(54,322)
Balance, December 31, 2023	2,283,976	$228	$—	$(9,266,105)	$(9,265,877)

(1)	At December 31, 2021, included up to 281,250 shares of common stock subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5).

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.