Sustainable Opportunities Acquisition Corp. (SOAC) Shareholders Approve DeepGreen Metals Deal

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Sustainable Opportunities Acquisition Corp. (SOAC) Shareholders Approve DeepGreen Metals Deal

Sustainable Opportunities Acquisition Corp. (NYSE:SOAC) announced in a press release and 8-K filing today that its shareholders approved its combination with rare earth materials miner DeepGreen Metals, but redemptions removed approximately 90.9% of the SPAC’s trust. The press release disclosed that the combined company, known as The Metals Company (“TMC”), expects to receive approximately $137.3
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