$TMC 2,7M float
According to the 8-K filed today:
The total number of TMC Common Shares outstanding immediately following the Closing was approximately 224,385,324 comprising
(i) 203,874,981 TMC Common Shares issued to DeepGreen shareholders,
(ii) 11,030,000 TMC Common Shares issued in connection with the Closing to the PIPE Investors pursuant to the PIPE Financing,
(iii) 6,759,000 TMC Common Shares held by the initial shareholders (which includes the Sponsor, Rick Gaenzle, Isaac Barchas and Justin Kelly, the “initial shareholders”) and,
(iv) 2,721,343 TMC Common Shares held by public shareholders, reflecting redemptions of 27,278,657 Class A ordinary shares.
Remember that according to the Subscription agreement, all of these shareholders except for the public shareholders are locked in for at least 45 days after the merge date.
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September 15, 2021 at 02:28PM