TMCR 424B3: Shelf registration

The Metals Royalty Company Inc.

Filed with the SEC on · accession 0001104659-26-118475

TMCR filed a 424B3 (prospectus (offering)) with the SEC on Oct 23, 2026. The final terms of an offering of shares or bonds. The stock moved -3.6% by the first close after the filing.

Summary of the filing

The Metals Royalty Company Inc. filed a 424B3 prospectus covering the resale of up to 23,567,119 common shares by Yorkville under a standby equity purchase agreement (SEPA) that allows the company to sell up to $100 million in shares over time.

Key details

Maximum aggregate subscription amount under SEPA$100.0M
Structuring fee paid to Yorkville$25K
Commitment fee (1% of Commitment Amount)$1.0M
Number of common shares offered by selling shareholder$23.6M
Last reported sale price per share on Nasdaq$2
IssuerThe Metals Royalty Company Inc.
Selling shareholderYA II PN, Ltd. (Yorkville)

How TMCR stock reacted

Close before

$2.20

Oct 22, 2026

First close after

-3.64%

$2.12

5 trading days

-5.91%

$2.07

Since filing

-18.18%

$1.80

✦ Ask GOAX AI about this filing — what it means for TMCR, what changed since its last filings and what to watch next.

Try it free for 7 days

🔔 Want to stay updated on new SEC filings for TMCR?

Click here

Frequently asked questions

What did TMCR file with the SEC on Oct 23, 2026?

TMCR filed a 424B3 (Shelf registration). The Metals Royalty Company Inc. filed a 424B3 prospectus covering the resale of up to 23,567,119 common shares by Yorkville under a standby equity purchase agreement (SEPA) that allows the company to sell up to $100 million in shares over time.

What does a shelf registration mean for TMCR stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 424B3?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B3 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did TMCR stock react to this filing?

TMCR closed at $2.20 before the filing and $2.12 on Oct 23, 2026 (-3.64%). Five trading days later: $2.07 (-5.91%).

Other TMCR SEC filings

Get alerts when TMCR files with the SEC, plus live charts, key levels and news for 13,000+ stocks.

Try SEPT free for 7 days