Filing Details

Accession Number:
0001104659-21-153989
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-12-28 17:30:29
Reporting Period:
2021-12-24
Accepted Time:
2021-12-28 17:30:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1798562 Tmc The Metals Co Inc. TMC Metal Mining (1000) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1874431 Andrei Karkar C/O Tmc The Metals Company Inc.,
595 Howe Street, 10Th Floor
Vancouver A1 V6C 2T5
Yes No Yes No
1881973 Eras Capital Llc C/O Tmc The Metals Company Inc.
595 Howe Street, 10Th Floor
Vancouver A1 V6C 2T5
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Acquisiton 2021-12-24 748,957 $2.00 42,620,976 No 4 P Indirect Eras Capital LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Eras Capital LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Warrants to purchase Common Shares Acquisiton 2021-12-24 1,414,716 $0.00 1,414,716 $11.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,414,716 No 4 P Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares 8,032 Direct
Footnotes
  1. The securities are held directly by ERAS Capital LLC ("ERAS"). The Reporting Person is the managing member of ERAS and shares voting and dispositive power over and may be deemed to beneficially own such securities held by ERAS. The Reporting Person disclaims beneficial ownership over any securities owned by ERAS other than to the extent of any pecuniary interest he may have therein.
  2. On December 24, 2021, ERAS Capital LLC purchased warrants to purchase an aggregate of 1,414,716 Common Shares, which warrants are subject to the Warrant Agreement dated as of May 8, 2020 between the Issuer and Continental Stock Transfer & Trust Company, as warrant agent, in privately negotiated transactions for an aggregate purchase price of $481,003.34. The warrants may be exercised only during the period commencing 30 days after the September 9, 2021 completion of the initial business combination (the "Business Combination") of Sustainable Opportunities Acquisition Corp. (the former name of the Issuer) with DeepGreen Metals Inc. and expire five years after the completion of the Business Combination or earlier upon redemption or liquidation.