Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 57

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 57
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 applicable security in the open market or by imposing penalty bids, whereby
selling concessions allowed to dealers participating in the offering may be reclaimed if the securities sold by them are repurchased
in connection with stabilization transactions. The effect of these transactions may be to stabilize or maintain the market price of the
securities at a level above that which might otherwise prevail in the open market. These transactions may be discontinued at any time.

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The underwriters, dealers and agents may engage in other transactions
with us, or perform other services for us, in the ordinary course of their business.

The selling shareholders also may resell all
or a portion of the shares in open market transactions in reliance upon Rule 144 under the Securities Act, as permitted by that
rule, or Section 4(1) under the Securities Act, if available, rather than under this prospectus, provided that they meet the
criteria and conform to the requirements of those provisions.

Broker-dealers engaged by the selling shareholders
may arrange for other broker-dealers to participate in sales. If the selling shareholders effect such transactions by selling Common
Shares to or through underwriters, broker-dealers or agents, such underwriters, broker-dealers or agents may receive commissions in the
form of discounts, concessions or commissions from the selling shareholders or commissions from purchasers of the Common Shares for whom
they may act as agent or to whom they may sell as principal. Such commissions will be in amounts to be negotiated, but, except as set
forth in a supplement to this prospectus, in the case of an agency transaction will not be in excess of a customary brokerage commission
in compliance with FINRA Rule 5110.

In connection with sales of the Common Shares
or otherwise, the selling shareholders may enter into hedging transactions with broker-dealers or other financial institutions, which
may in turn engage in short sales of the Common Shares in the course of hedging in positions they assume. The selling shareholders may
also sell Common Shares short and if such short sale shall take place after the effective date of this registration statement, the selling
shareholders may deliver Common Shares covered by this prospectus to close out short positions and to return borrowed shares in connection
with such short sales. The selling shareholders may also loan or pledge Common Shares to broker-dealers that in turn may sell such shares,
to the extent permitted by applicable law. The selling shareholders may also enter into option or other transactions with broker-dealers
or other financial institutions or