Evolution Metals & Technologies Corp. filed a Form 8-K on August 24, 2026, disclosing the status of convertible debentures issued to YA II PN, Ltd. as of August 23, 2026.

Key Highlights

  • Total debentures issued: Evolution Metals & Technologies Corp. had issued convertible debentures to YA II PN, Ltd. ("Yorkville") with an aggregate principal amount of $25.775 million.
  • Principal converted: As of August 23, 2026, Yorkville had converted $5.775 million of principal.
  • Outstanding balance: $20.0 million of principal remained outstanding as of August 23, 2026.
  • Emerging growth company: The registrant indicated it qualifies as an emerging growth company under applicable securities laws.
  • Disclosure type: The filing was made under Item 7.01 Regulation FD Disclosure and is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.

Evolution Metals & Technologies Provides Convertible Debenture Status Under Regulation FD

Evolution Metals & Technologies Corp. (NASDAQ:EMAT) filed a current report on August 24, 2026, providing an update on convertible debentures it had issued to YA II PN, Ltd., identified in the filing as "Yorkville." According to the filing, as of August 23, 2026, the company had issued convertible debentures with an aggregate principal amount of $25.775 million to Yorkville.

The company disclosed that Yorkville had converted $5.775 million of that principal as of the same date, leaving $20.0 million of principal outstanding. The filing provided no additional detail regarding conversion terms, conversion prices, or the number of shares issued in connection with conversions. The disclosure was made under Item 7.01 Regulation FD Disclosure and, as stated in the filing, "shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, as amended."

The filing was signed by Christopher Clower, identified as Chief Financial Officer and Chief Operating Officer of Evolution Metals & Technologies Corp. The company is incorporated in Delaware and maintains its principal executive offices at 4040 NE 2nd Ave, Suite 349, Miami, Florida 33137. The filing noted that forward-looking statements contained in the report are the company's own and are subject to its cautionary language regarding risks and uncertainties, including the availability of additional funding and future conversions of the convertible debentures.

What Was Disclosed

Evolution Metals & Technologies Corp. disclosed that, as of August 23, 2026, it had issued $25.775 million in aggregate principal of convertible debentures to YA II PN, Ltd., of which $5.775 million had been converted, leaving $20.0 million outstanding.