SCHEDULE 13G/A: William Brumder II Discloses 7.6% Stake in TMC Metals Co

Sentiment:

Beneficial Ownership Disclosure


William George Brumder II has disclosed a 7.6% beneficial ownership stake in TMC the metals Co Inc., including shares underlying call options.

Summary

  • William George Brumder II reported beneficial ownership of 31,542,340 Common Shares of TMC the metals Co Inc.
  • This stake represents approximately 7.6% of the company's outstanding Common Shares.
  • The reported ownership includes 8,728,100 Common Shares underlying call options exercisable within 60 days of the event date.
  • The percentage is calculated based on 413,492,045 Common Shares outstanding, as disclosed in TMC's Quarterly Report on Form 10-Q filed on November 13, 2025.
  • The securities were not acquired for the purpose of changing or influencing control of the issuer, except for activities solely in connection with a nomination under Rule 14a-11.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently be positive or negative for the company's performance or outlook.

Positives

  • NA

Negatives

  • NA

Risks

  • The disclosure mentions that the securities were not acquired for the purpose of changing or influencing control, but it explicitly carves out "activities solely in connection with a nomination under §§ 240.14a-11," which could indicate potential future shareholder activism or involvement in board nominations.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders: The disclosure of a significant individual stake (7.6%) by William George Brumder II could signal confidence from a large investor, potentially influencing market perception. The mention of potential activities related to a nomination under Rule 14a-11 suggests a potential for increased shareholder engagement or activism.

Key Dates

DateDescription
11/13/2025Date of Issuer's Quarterly Report on Form 10-Q, which disclosed 413,492,045 Common Shares outstanding.
11/25/2025Date of event which required the filing of this statement.
11/28/2025Date of filing of this Schedule 13G Amendment No. 2.

Keywords

TMC the metals Co Inc., TMC, William George Brumder II, Schedule 13G, beneficial ownership, common shares, shareholder stake, deep-sea mining, polymetallic nodules

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