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Royalty Management Holding Corp

For the period ended Dec 31, 2025. Filed Mar 31, 2026.

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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.

FY2025 · Filed Mar 31, 2026

RMCO$2.19+3.8%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)

For the fiscal year endedDecember 31, 2025

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number:001-40233

ROYALTY MANAGEMENT HOLDING CORPORATION

(Exact name of registrant as specified in its charter)

FloridaNo. 86-1599759
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)

12115 Visionary Way, Unit 174 Fishers, Indiana 46038

(Address of principal executive offices, including zip code)

(317)855-9926

Registrant's telephone number, including area code

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange onwhich registered
Common stock par value $0.0001 per shareRMCOThe Nasdaq Stock Market LLC
Redeemable warrants, exercisable for shares of common stock at an exercise price of $11.50 per shareRMCOWThe Nasdaq Stock Market LLC

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer as defined in Rule 405 of the Securities Act. Yes ☐No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐No ☒

Indicate by checkmark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to the filing requirements for at least the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

☐ Large accelerated filer☐ Accelerated filer☒ Non-accelerated filer☒ Smaller reporting company☒ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☒

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☐

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No ☒

State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant’s most recently completed fiscal year; $15,149,705.

There were 15,149,705 shares of the registrant's Common Stock outstanding on March 30, 2026.

ROYALTY MANAGEMENT HOLDING CORPORATION

ANNUAL REPORT ON FORM 10-K

Fiscal Year Ended December 31, 2025

TABLE OF CONTENTS

Page
Special Note Regarding Forward Looking Statements3
PART I
Item 1.Business4
Item 1A.Risk Factors4
Item 1B.Unresolved Staff Comments4
Item 2.Properties4
Item 3.Legal Proceedings4
Item 4.Mine Safety Disclosures4
PART II
Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities5
Item 6.Selected Financial Data7
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations7
Item 7A.Quantitative and Qualitative Disclosure About Market Risk9
Item 8.Financial Statements and Supplementary Data10
Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure11
Item 9A.Controls and Procedures11
Item 9B.Other Information12
PART III
Item 10.Directors, Executive Officers and Corporate Governance13
Item 11.Executive Compensation19
Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters21
Item 13.Certain Relationships and Related Transactions, and Director Independence23
Item 14.Principal Accounting Fees and Services24
PART IV
Item 15.Exhibits, Financial Statement Schedules26
Signatures27
ContentsView on SEC.gov

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