Welsbach Technology Metals announces extension to business combination deadline

Welsbach Technology Metals Acquisition has approved an extension of the time period to consummate a Business Combination, in accordance with Article G of the Company’s amended and restated certificate of incorporation, to and including June 30, 2025. On June 28, 2024, the Company held a special meeting of its stockholders. On May 13, 2024, the record date for the special meeting, there were 4,456,827 shares of common stock of the Company entitled to be voted at the special meeting, approximately 83.541% of which were represented in person or by proxy at the special meeting. The final results for each of the matters submitted to a vote of the Company’s stockholders at the special meeting are as follows: 1. Charter Amendment Proposal: The stockholders approved the proposal to amend the Company’s Charter by allowing the Company to extend the date by which it has to consummate a business combination with a target for up to an additional twelve months, from June 30, 2024 to up to June 30, 2025, for no contribution to the trust account. 2. Trust Amendment Proposal: The stockholders approved the proposal to amend the Trust Agreement, allowing the Company to extend the Combination Period for up to an additional twelve months, from June 30, 2024 to up to June 30, 2025, for no contribution to the trust account. As there were sufficient votes at the time of the special meeting to approve each of the above proposals, the Adjournment Proposal, which had been previously voted on by proxy, was not presented to stockholders at the special meeting.