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Smart Investors Daily
WT

NASDAQ · WTMA

Welsbach Technology Metals Acquisition Corp.

Financial Services · Shell Companies

$7.50

Down-$4.32 (-36.56%)

Updated Aug 16, 2026, 7:16 AM

SID Score

4.5/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
40.4M
P/E ratio
-9.12
Dividend yield
0.00%
52-week range
— – —
Volume
14.16K
Avg. volume
1.62K

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WELSBACH TECH METALS ACQ

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GlobeNewswire Inc. · Jun 16, 2023

Welsbach Technology Metals Acquisition Corp. and WaveTech Group, Inc. issue Joint Statement on Termination of Merger Discussions

New York, NY, June 16, 2023 (GLOBE NEWSWIRE) -- Welsbach Technology Metals Acquisition Corp. (“WTMAC”), a publicly traded special purpose acquisition company, and WaveTech Group, Inc. (“WaveTech”), a next-generation provider of technologically advanced battery enhancement, treatment and monitoring solutions for high-usage battery and energy storage device users and manufacturers, today announced that the companies have collectively reached a decision to discontinue the previously announced merger discussions. After careful consideration, the parties have decided that the current unfavorable market conditions do not provide an optimal environment for the planned integration.

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