MIAMI, FL, May 26, 2026 (GLOBE NEWSWIRE) — Evolution Metals & Technologies Corp. (“EM&T” or the “Company”) (Nasdaq: EMAT), a U.S.-based critical materials and advanced manufacturing company focused on building a secure, vertically integrated supply chain for rare earth permanent magnets, battery materials and related critical technologies, today announced that it has received a notice (the “Notice”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) informs the Company that, as it has not yet filed a quarterly report on form 10-Q for the period ending March 31, 2026 (the “Form 10-Q”) no longer complies with Nasdaq Listing Rule 5250(c)(1). Nasdaq Listing Rule 5250(c)(1) requires publicly traded companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”). The Company previously filed a Form 12b-25 with the SEC on May 15, 2026, disclosing that it was unable to file the Form 10-Q within the prescribed time frame without unreasonable effort or expense.
The notice had no immediate effect on the listing of the company’s common shares.
The Company filed Form 10-Q on May 22, 2026, curing the deficiency described in the Notice. On May 26, 2026, the Company received notice from Nasdaq that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) and that the matter is now closed.
About Evolution Metals & Technologies Corp.
Evolution Metals & Technologies Corp. is a US-based critical materials and advanced manufacturing company listed on Nasdaq (EMAT). EMAT is focused on building a secure supply chain for rare earth permanent magnets, battery materials and related critical technologies, leveraging proven commercial-scale operations, advanced processing technologies and strategic partnerships. EM&T operates what it believes to be the only known vertically stacked supply chain for critical materials, ranging from end-of-life electronics and batteries, as well as high-quality concentrates, to the production of finished rare earth magnets, including high-quality rare earth magnets, and battery materials. For more information please visit https://investors.evolution-metals.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release may contain forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, or the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding EMAT’s plans, objectives, expectations, projections, strategies, expected production capacity, expansion plans and supply of machinery. timelines, competitive position and commercial activities. All statements, other than statements of historical fact, contained herein and public statements made by our officers or representatives that relate to activities, events or developments that our management expects or anticipates will or may occur in the future are forward-looking statements, including, but not limited to, statements regarding future business strategies, production capabilities, plans and objectives, competitiveness and expansion and growth of our business. These forward-looking statements, together with terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should,” “believe,” “positioned” and other similar terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. These risks include risks associated with changes in our operations; uncertainties relating to estimates and projections; industry-related risks; the commercial success of and risks associated with our development activities; uncertainties and risks associated with our dependence on contractors, equipment suppliers and consultants; and risks associated with machine delivery schedules, commissioning timelines and production ramp-up. These statements include statements regarding the intent, belief or current expectations of EMAT and its management, as well as the assumptions on which such statements are based. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements were based on assumptions that the Company believes to be reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and actual results, performance or achievements may differ materially from those made in or suggested by the forward-looking statements contained in this press release. Furthermore, even if our results, performance or achievements are consistent with the forward-looking statements in this press release, these results, performance or achievements may not be indicative of results, performance or achievements in subsequent periods. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date of such statements, and we undertake no obligation to update these statements or to publicly release the results of any revisions to any of these statements to reflect future events or developments, unless required by law. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including risks relating to execution, financing, regulatory approvals, equipment supply and market conditions. Additional information on these and other factors that may affect EMAT’s expectations and projections can be found in its filings with the SEC, including EMAT’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on February 20, 2026 and EMAT’s Report on Form 10-Q for the three months ended March 31, 2026 filed with the SEC on 22 May 2026. including those under “Risk Factors” therein, and other documents filed or to be filed by EMAT with the SEC. SEC filings are available on the SEC’s website at http://www.sec.gov.
Investor Relations Contact:
Judith McGarry
Evolution Metals & Technologies Corp.
[email protected]
Arx Investor Relations
North American Equities Desk
[email protected]
