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0.000656383327863521 0.000656383327863521 -0.00448528607373372 -0.000437588885242267 0.00224264303686686 0.00755934799256108 0.0198008970572148 0.00656383327863473
Stock impact report

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of TMC the metals company Inc. (TMC) Investors

TMC the metals company Inc. (TMC) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired TMC the metals company Inc. (“TMC” or the “Company”) (NASDAQ: TMC) securities between May 12, 2023 and March 25, 2024, inclusive (the “Class Period”). TMC investors have until January 7, 2025 to file a lead plaintiff motion.If you are a shareholder who suffered a loss, click here to participate.On March 25, 2024, TMC disclosed that its financial statements for the first three quarters of 2023 should no longer be relied upon and would need to be restated, citing the Company’s partnership with Low Carbon Royalties Inc. (“LCR”) and “whether the offsetting entry to the proceeds it received from LCR should be classified as debt or deferred income.” Further, TMC stated that “[a]s the transaction with LCR was considered an equity investment rather than a sale transaction, the sale of future revenue will Show less Read more
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