NASDAQ: RMCO

ITEM 1. BUSINESS.

All references to “we,” “us,” “our,” “RMHC” “Royalty”, or the “Company” in this Annual Report on Form 10-K mean Royalty Management Holding Corporation.

We were a blank check company formed under the laws of the State of Delaware on January 20, 2021 for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses (a “Business Combination”). On October 31, 2023, we consummated a merger with Royalty Management Corporation, an Indiana corporation (“RMC”), whereby RMC became a wholly owned subsidiary of RMHC. Through this combination, RMHC became a royalty company building shareholder value to benefit both its shareholders and communities by acquiring and developing high value assets in a variety of market environments. The model is to acquire and structure cashflow streams around assets that can support the communities by monetizing the current existing cash flow streams while identifying transitionary cash flow from the assets for the future. While we have a generally broad investment mandate across a spectrum of industries, RMHC tends to focus its investments more towards natural resources industries, such as energy and materials needed for infrastructure and high-value commercial and defense puposes, and investments in technologies and intellectual properties that support these industries. Example of these types of investments of the Company include (but are not limited to) investments in intellectual property around the refining of elements and critical minerals, ownership of real estate, infrastructure, permits, and properties that contain coal and other natural resources that can be extracted and mined for a royalty, investments in services businesses that, such as RMC Environmental Services LLC, that support infrastructure expansion, and investment in other companies that participate in natural resources and technologies.