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Evolution Metals & Technologies Corp. EMAT Cash Withdrawn From Trust Account In Connection With Redemption

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Other financials

Income statement

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Revenue$1.9M
Gross profit$445.0K
Operating income-$15.7M-459%
Net income-$440.3M-2,347%
EPS (diluted)-$0.72-1,700%

Balance sheet

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Cash & equivalents$5.4M+44.7%
Total debt$6.8M
Total equity-$24.8M-118%
Total assets$85.6M+592%

Cash flow

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Operating cash flow-$5.6M-170%
CapEx$24.0K
Free cash flow-$5.6M

Valuation

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Market cap$4.41B

Returns & leverage

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Current ratio0.1×+0.1×

Where this comes from

Reported directly by Evolution Metals & Technologies Corp. in its filing.

Tagged under the XBRL concept emat:CashWithdrawnFromTrustAccountInConnectionWithRedemption.

The official record: Evolution Metals & Technologies Corp. ’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Evolution Metals & Technologies Corp. 's cash withdrawn from trust account in connection with redemption?
Evolution Metals & Technologies Corp. (EMAT) reported cash withdrawn from trust account in connection with redemption of $1.47M in Q4 2025.
How has Evolution Metals & Technologies Corp. 's cash withdrawn from trust account in connection with redemption changed year-over-year?
Evolution Metals & Technologies Corp. 's cash withdrawn from trust account in connection with redemption decreased by 52.0% year-over-year, from $3.05M to $1.47M.
What does cash withdrawn from trust account in connection with redemption mean?
This metric quantifies the cash released from a restricted trust account specifically to facilitate the redemption of shares by stockholders. It is a critical indicator of capital movement in Special Purpose Acquisition Companies (SPACs) during redemption events.