Company: TMCWW
Filing Date: 2025-05-12
Form Type: 424B5
Source: 0001104659-25-047372
Chunk: 119

Company: TMC the metals Co Inc.
Filing Date: 2025-05-12
Form: 424B5
Chunk 119
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,” “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 and incorporated by reference
in this prospectus, 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 sections in our periodic reports, including our most recent Annual Report
on Form 10-K, as revised or supplemented by our subsequent Quarterly Reports on Form 10-Q or our Current Reports on Form 8-K,
entitled “Business,” “Risk Factors,” and “Management’s Discussion and 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 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 the ISA’s final exploitation regulations that will create the legal and 
 technical framework for exploitation of polymetallic nodules in the CCZ;                          |

| · | our expectations regarding the timing and content of an application for an exploitation contract and/or 
 plan of work for exploitation to the ISA for NORI Area D and the ISA’s review and approval thereof;     |

| · | our expectations regarding the potential timing of