S-8 1 tm2510319d2_s8.htm FORM S-8

 

As filed with the Securities and Exchange Commission on March 27, 2025

 

Registration No. 333 –

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM S-8

 

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

TMC the metals company Inc.

(Exact name of registrant as specified in its charter)

 

British Columbia, Canada   Not Applicable
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification No.)

 

1111 West Hastings Street, 15th Floor

Vancouver, British Columbia

V6E 2J3

(888) 458-3420

(Address, Including Zip Code, of Principal Executive Offices)

 

2021 Incentive Equity Plan, as amended

(Full Title of the Plans)

 

Cogency Global Inc.

122 East 42nd Street, 18th Floor

New York, New York 10168

Telephone: (800) 221-0102

(Name, address, including zip code, and telephone number, including area code, of agent for service)

 

Copies to:

Michael L. Fantozzi, Esq.

Daniel T. Kajunski, Esq.

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

One Financial Center

Boston, MA 02111

Telephone: (617) 542-6000

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer ¨   Accelerated filer ¨
Non-accelerated filer x   Smaller reporting company x
      Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ¨

 

 

 

 

 

 

EXPLANATORY NOTE

 

This Registration Statement registers additional securities of the same class as other securities for which the registration statements filed on Form S-8 (SEC File Nos. 333-261221, 333-265319, 333-270875 and 333-278222) of TMC the metals company Inc. (the “Registrant”) are effective. The additional securities are 13,628,338 additional Common Shares of the Registrant reserved for issuance under the 2021 Incentive Equity Plan, as amended, as a result of the automatic increase in the number of shares reserved under this plan on January 1, 2025. The information contained in the Registrant’s registration statements on Form S-8 (SEC File Nos. 333-261221, 333-265319, 333-270875, and 333-278222) is hereby incorporated by reference pursuant to General Instruction E of Form S-8.

 

PART II

 

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

 

Item 8. Exhibits.

 

Exhibit
Number
  Exhibit Description   Filed
Herewith
  Incorporated by
Reference herein from
Form or Schedule
  Filing
Date
  SEC
File/
Reg.
Number
4.1   Notice of Articles of TMC the metals company Inc.       Form 8-K
(Exhibit 3.1)
  9/15/2021   001-39281
4.2   Articles of TMC the metals company Inc.       Form 8-K
(Exhibit 3.2)
  9/15/2021   001-39281
4.3   TMC the metals company Inc. Common Share Certificate       Form 8-K
(Exhibit 4.1)
  9/15/2021   001-39281
5.1   Opinion of Fasken Martineau DuMoulin LLP   X            
23.1   Consent of Ernst & Young LLP independent registered public accounting firm of TMC the metals company Inc.   X            
23.2   Consent of Fasken Martineau DuMoulin LLP (included in Exhibit 5.1)   X            
24.1   Power of Attorney (included on the signature page hereof)   X            
99.1+   TMC the metals company Inc. 2021 Incentive Equity Plan, as amended       Form 10-Q
(Exhibit 10.3)
  8/14/2024   001-39281
99.2+   Form of Stock Option Agreement under TMC the metals company Inc. 2021 Incentive Equity Plan, as amended       Form 8-K
(Exhibit 10.23.2)
  9/15/2021   001-39281
99.3+   Form of Restricted Stock Unit Agreement under TMC the metals company Inc. 2021 Incentive Equity Plan, as amended       Form S-8
(Exhibit 99.3)
  11/19/2021   333-261221
107   Filing Fee Table   X            

 

+ Denotes management contract or compensatory plan or arrangement.

 

 

 

 

Signatures

 

Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this registration statement on Form S-8 to be signed on its behalf by the undersigned, thereunto duly authorized in New York, New York on March 27, 2025.

 

  TMC THE METALS COMPANY INC.
   
  By: /s/ Craig Shesky
    Craig Shesky
    Chief Financial Officer

 

POWER OF ATTORNEY

 

Each person whose signature appears below constitutes and appoints each of Gerard Barron and Craig Shesky, acting alone or together with another attorney-in-fact, as his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for such person and in his or her name, place and stead, in any and all capacities, to sign any or all further amendments (including post-effective amendments) to this registration statement (and any additional registration statement related hereto permitted by Rule 462(b) promulgated under the Securities Act (and all further amendments, including post-effective amendments, thereto)), and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

 

Pursuant to the requirements of the Securities Act, this registration statement has been signed by the following persons in the capacities and on the dated indicated.

 

Signature   Title   Date
         
/s/ Gerard Barron   Chief Executive Officer and Chairman   March 27, 2025
Gerard Barron   (Principal Executive Officer)    
         
/s/ Craig Shesky   Chief Financial Officer   March 27, 2025
Craig Shesky   (Principal Financial and Accounting Officer)    
         
/s/ Andrew C. Greig   Director   March 27, 2025
Andrew C. Greig        
         
/s/ Andrew Hall   Director   March 27, 2025
Andrew Hall        
         
/s/ Stephen Jurvetson   Director   March 27, 2025
Stephen Jurvetson        
         
/s/ Andrei Karkar   Director   March 27, 2025
Andrei Karkar        
         
/s/ Sheila Khama   Director   March 27, 2025
Sheila Khama        
         
/s/ Christian Madsbjerg   Director   March 27, 2025
Christian Madsbjerg        
         
/s/ Amelia Kinahoi Siamomua   Director   March 27, 2025
Amelia Kinahoi Siamomua        
         
/s/ Brendan May   Director   March 27, 2025
Brendan May