Shareholder Advisory: The Proposed Business Combination between Sustainable Opportunities Acquisitio

the effects of deep sea mining on the marine environment, biodiversity and human activities have been sufficiently researched, the risks are understood and the technologies and operational practices are able to demonstrate no serious harm to the environment. [...] This arrangement carries question over the regulation of which State can risks related to the capacity of under-resourced impact the activities of any contractor (such as host states to maintain effective supervision and NORI or TOML), we have taken the view that regulation of a new industrial activity on the ocean incorporation, registration and the grant of floor. [...] 2024 production timeline In fact, according to the exploration contracts held In order to mine the seabed in the international by the subsidiaries, if effective control changes, waters of the Clarion Clipperton Zone, TMC will the contracts will be terminated if the contractor require the International Seabed Authority (ISA) to (i.e. [...] Thus, if a contract is granted to TMC subsidiaries under these circumstances, the provisional nature of the approval and the provisional nature of the regulations may introduce a degree of insecurity on returns on investment in the mining activity. [...] The two entities In the US, unlike with a traditional IPO, proposing the business combination, the SOAC “SPACs are allowed to make forecasts about how board and the DeepGreen board, stand to benefit they reckon their businesses will develop in from the deal and their interests may be different to the future … Arguably, for a business with zero public shareholders.