Evolution Metals & Technologies Enters Securities Purchase Agreement With Yorkville To Issue And Sell $30,927,835 Of Convertible Debentures
9/18/2026
Impact: 50
Basic Materials
Evolution Metals & Technologies Corp. (EMAT) has entered into a Securities Purchase Agreement with Yorkville to issue and sell convertible debentures totaling $30,927,835. The first debenture of $22,000,000 was issued on September 17, 2026, with additional debentures of $2,000,000 and $6,927,835 expected to follow upon regulatory filings. The debentures will be convertible into common stock at a price based on the lower of $5.02 or 95% of the lowest VWAP over the preceding five trading days.
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