Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 23

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 23
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 “intend,” “may,” “plan,” “potential,” “predict,”
“project,” “targets,” “likely,” “will,” “would,” “could,”
“should,” “continue,” and similar expressions or phrases, or the negative of those expressions or phrases,
are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.
Although we believe that we have a reasonable basis for each forward-looking statement contained in this prospectus supplement, the
accompanying base prospectuses and the documents incorporated by reference therein, we caution you that these statements are based
on our projections of the future that are subject to known and unknown risks and uncertainties and other factors that may cause our
actual results, level of activity, performance or achievements expressed or implied by these forward-looking statements, to differ.
The information in this prospectus supplement, the accompanying base prospectuses and the incorporated documents, particularly the
information in our Annual Report on Form 10-K for the year ended December 31, 2024 under the captions “Business,” “Risk
Factors,” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and
the “Risk Factors” section of this prospectus supplement, 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 commercialization plans;                                                                 |

| · | the supply and demand for nickel and cobalt (including critical metals and battery cathode feedstocks), 
 steel-making feedstocks, copper cathode and manganese ores;                                             |

| · | the future prices of nickel and cobalt (including critical metals and battery cathode feedstocks), steel-making 
 feedstocks, copper cathode and manganese ores;                                                                  |

| · | statements concerning the pursuit of a U.S.-based regulatory pathway with NOAA and the U.S. Department 
 of Commerce under DSHMRA for the commercial production of