• Evolution Metals & Technologies posted a net loss of USD 440.31 million for the quarter ended March 31, 2026, widening from a year-earlier loss of USD 18 million.
• Revenue was USD 1.88 million, compared with no revenue a year earlier.
• Operating loss widened to USD 15.66 million as selling, general and administrative expenses climbed 475% to USD 16.1 million.
• Losses on fair-value changes in financial instruments deepened to USD 425.23 million.
• Cash and cash equivalents totaled USD 5.39 million at March 31, 2026, with an USD 81.8 million net working capital deficit flagged as raising substantial doubt about going concern.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evolution Metals & Technologies Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-060654), on May 22, 2026, and is solely responsible for the information contained therein.