Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 58

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 58
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 the creation of one or more derivative securities which require the delivery to such broker-dealer
or other financial institution of shares offered by this prospectus, which shares such broker-dealer or other financial institution may
resell pursuant to this prospectus (as supplemented or amended to reflect such transaction, if required). Notwithstanding the foregoing,
the selling shareholders have been advised that they may not use shares registered on this registration statement to cover short sales
of Common Shares made prior to the effective date of the registration statement, of which this prospectus forms a part.

The selling shareholders may, from time to time,
pledge or grant a security interest in some or all of the Common Shares owned by them and, if they default in the performance of their
secured obligations, the pledgees or secured parties may offer and sell the Common Shares from time to time pursuant to this prospectus
or any amendment to this prospectus under Rule 424(b)(3) or other applicable provision of the Securities Act, amending, if
necessary, the list of selling shareholders to include the pledgee, transferee or other successors in interest as selling shareholders
under this prospectus. The selling shareholders also may transfer and donate the Common Shares in other circumstances in which case the
transferees, donees, pledgees or other successors in interest will be the selling beneficial owners for purposes of this prospectus.

Each selling shareholder has informed the Company
that it is not a registered broker-dealer and does not have any written or oral agreement or understanding, directly or indirectly, with
any person to distribute the Common Shares. Upon the Company being notified in writing by a selling shareholders that any material arrangement
has been entered into with a broker-dealer for the sale of Common Shares through a block trade, special offering, exchange distribution
or secondary distribution or a purchase by a broker or dealer, a supplement to this prospectus will be filed, if required, pursuant to
Rule 424(b) under the Securities Act, disclosing (i) the name of each such selling shareholders and of the participating
broker-dealer(s), (ii) the number of shares involved, (iii) the price at which such the Common Shares were sold, (iv) the
commissions paid or discounts or concessions allowed to such broker-dealer(s), where applicable, (v) that such broker-dealer(s) did
not conduct any investigation to verify the information set out or incorporated by reference in this prospectus, and (vi) other
facts material to