Press Release

Welsbach Technology Metals Acquisition Corp. Announces Business Combination With WaveTech Group

November 2, 2022

Singapore/New York – November 2, 2022 – Cooley advised Welsbach Technology Metals Acquisition Corp., a publicly traded special purpose acquisition company, on its definitive merger agreement for a proposed business combination with WaveTech Group, a company specializing in next-generation battery-enhancing technologies. Lawyers Tim Pitrelli, David Silverman, Steven Holm and Hannah Loo led the Cooley team advising Welsbach Technology Metals Acquisition.

As a result of the transaction, the combined company is expected to be renamed WaveTech Group and remain listed on the Nasdaq Stock Market under the proposed ticker symbol WTG.

This combination presents Welsbach Technology Metals Acquisition with an opportunity to invest in a sector-disrupting and commercially proven innovator in its target industry sectors of technology metals and energy transition materials.

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