Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 49

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 49
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 Analysis of Financial Condition and Results of Operations,” as well as other sections in this prospectus and the other documents
or reports incorporated by reference in this prospectus, discuss some of the factors that could contribute to these differences. These
forward-looking statements include, among other things, statements about:

| ● | our                                         
 use of the net proceeds from this offering; |

| ● | the                                                                                             
 commercial and technical feasibility of seafloor polymetallic nodule collection and processing; |

| ● | our                                                                                          
 and our partners’ development and operational plans, including with respect to the           
 planned uses of polymetallic nodules, where and how nodules will be obtained and processed,  
 the expected environmental, social and governance impacts thereof and our plans to assess    
 these impacts and the timing and scope of these plans, including the timing and expectations 
 with respect to our receipt of exploitation contracts and our potential commercialization    
 plans;                                                                                       |

| ● | the                                                                                               
 supply and demand for battery metals and battery cathode feedstocks, copper cathode and manganese 
 ores;                                                                                             |

| ● | the                                                                                          
 future prices of battery metals and battery cathode feedstocks, copper cathode and manganese 
 ores;                                                                                        |

| ● | the                                                                                   
 timing and content of ISA’s final exploitation regulations that will create the legal 
 and technical framework for exploitation of polymetallic nodules in the CCZ;          |

| ● | government                                                                                          
 regulation of mineral extraction from the deep seafloor and changes in mining laws and regulations; |

| ● | technical,                                                                                    
 operational, environmental, social and governance risks of developing and deploying equipment 
 to collect polymetallic nodules at sea and to process such nodules on land;                   |

| ● | the                                                                                          
 sources and timing of potential revenue as well as the timing and amount of estimated future 
 production, costs of production, other expenses, capital expenditures and requirements for   
 additional capital;                                                                          |

| ● | cash                                   
 flow provided by operating activities; |

| ● | the                                                                        
 expected activities of our partners under our key strategic relationships; |

| ● | the                                                                                              
 sufficiency of our cash on hand to meet our working capital and capital expenditure requirements 
 and the need for additional financing;                                                           |

| ● | our                                                                         
 ability to raise financing in the future and the nature of such financings; |

| ● | any                                 
 litigation to which we are a party; |

| ● | claims                                 
 and limitations on insurance coverage; |

|