Evolution Metals & Technologies Share Price Today

Yorkville cites $34.7M default by Evolution Metals, plans conversion

Evolution Metals defaulted on a $34,672,219.18 redemption payment to Yorkville. Interest rate on the defaulted debentures rises to 18% per annum. Yorkville plans to exercise conversion rights into Evolution Metals common stock. Company withdrew a planned public offering citing market conditions.

Evolution Metals receives ULVAC equipment; reaffirms FY27 guidance

Received 13 of 57 ULVAC magnet containers at Pohang facility. Reaffirmed FY27 revenue guidance of $400 million to $460 million. Capacity expansion targets 10,000 metric tons annual production. Qualified seven NdFeB sintered magnet grades with Tier-1 OEMs.

Evolution Metals signs LOI with INERGX for 5 GW US energy storage

Evolution Metals & Technologies Corp signed an LOI with UK-based INERGX Energy Optimisation Ltd. The partnership targets engineering and supply of energy storage systems for EM&T's planned U.S. facility. Proposed capacity reaches up to 5 GW at full build-out, with ~1 GW targeted within two years. Deal includes a 10-year service agreement with sourcing from non-China partners to ensure origin documentation.

Evolution Metals files prospectus to sell 5.4 million shares

Evolution Metals & Technologies Corp filed a prospectus for a secondary offering. The deal involves the sale of up to 5,400,000 shares of common stock. The shares are being offered by a selling securityholder. No primary capital raise is indicated in the filing.

Evolution Metals joins Russell 2000 index, gains $12.2 trillion asset exposure

Evolution Metals & Technologies Corp. (NASDAQ: EMAT) joined the Russell 2000 and Russell 3000 indexes on September 21, 2026. The inclusion exposes the company to approximately $12.2 trillion in benchmarked assets via FTSE Russell's Q3 2026 IPO additions. Membership makes EM&T eligible for index-tracking products and active fund portfolios requiring benchmark inclusion. The company is ramping up rare earth permanent magnet production in Pohang, South Korea, with a 750-megawatt KEPCO agreement. Annual capacity aims for 10,000 metric tons, including 6,000 metric tons of high-performance sintered NdFeB magnets.

Evolution Metals issues $30.9m convertible debentures to Yorkville

Evolution Metals issues $30,927,835 in convertible debentures to Yorkville Advisors. First tranche of $22,000,000 issued on September 17, 2026. Remaining $8,927,835 contingent on SEC registration filing and effectiveness. Purchase price set at 97% of principal amount. Conversion price tied to lower of $5.02 or 95% of VWAP.