Welsbach Technology Metals Acquisition Corp. announced a private placement of unsecured convertible note for a principal amount of $50,000 on November 10, 2023. The note will bear no interest and will be converted in full or in part, upon consummation of the initial business combination into additional private units at a price of $10.00 per unit.

The transaction included participation from returning investor, Welsbach Acquisition Holdings LLC.