Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 35

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 35
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 general condition of the securities market at the time of this offering, the history of,
and the prospects, for the industry in which we compete, our past and present operations, and our prospects for future revenues.

Fees and Expenses

We estimate the total offering expenses of this offering that will be payable by us will be approximately $250,000.

Listing

Our common
shares and Public Warrants are listed on Nasdaq under the trading symbol “TMC” and “TMCWW,” respectively.

There
is no established public trading market for the Class C warrants, and we do not expect a market to develop. In addition, we do not intend
to list the Class C warrants, nor do we expect Class C warrants to be quoted, on Nasdaq or any other national securities exchange or any
other nationally recognized trading system.

<div align='center'>S-20

LEGAL MATTERS</div>

Fasken Martineau DuMoulin
LLP, or Fasken, will pass upon the validity of the securities offered by this prospectus supplement and certain other legal matters related
to Canadian law for us. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., or Mintz, will pass upon certain other legal matters for
us. Fasken and Mintz own 14,630 and 36,361
common shares, respectively.

<div align='center'>EXPERTS</div>

The financial statements
of TMC the metals company Inc. as of December 31, 2024 and 2023 and for the years then ended have been incorporated by reference
herein and in the Registration Statements in reliance on the report of Ernst & Young LLP, independent registered public accounting
firm, incorporated by reference herein, and upon the authority of said firm as experts in accounting and auditing.

<div align='center'>WHERE YOU CAN FIND MORE INFORMATION</div>

We have filed with the
SEC the Registration Statements, of which this prospectus supplement and the accompanying base prospectuses form a part, under the
Securities Act, to register our common shares offered by this prospectus supplement. This prospectus supplement and the accompanying
base prospectuses do not contain all of the information contained in the Registration Statements and the exhibits and schedules to
the Registration Statements. For further information about us and the common shares, please refer to the Registration Statements,
including the exhibits to the Registration Statements. The exhibits to the Registration Statements provide more details of the
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