Mmat stock merger. reverse split the stock and merge with a different .

Mmat stock merger To put that in perspective, Meta Materials Get the latest updates on Meta Materials Inc. Glad I sold SPRT at $40. Sasson aims to support the company's growth strategy and drive Torchlight Industries was TRCH about 18 months ago they did a reverse merger with Meta Materials Inc to form MMAT as a Nasdaq stock ticker since Canadian company by itself couldn't be on it from my understanding. Executives Stock News Live Stock News Today Trending News AI news FDA Approvals Clinical Trials Merger & Acquisitions Earnings Offerings IPO News Stock Splits Google News. The company confirms that drilling operations in the Orogrande project are on track for completion this month, ensuring compliance with lease obligations. The 8-K filing states that the SEC has issued a Wells Notice to Meta Materials as well as current CEO George Palikaras and former CEO John Brda. June 28 was a significant day for anyone invested in Torchlight Energy Resources (NASDAQ: TRCH). 5 million cash and $45 million in META shares. On 4/29/19, we published a report that stated we believe that Torchlight Energy assets are worthless and that "we do not MMAT stock is down 11. The proceeds from the 12/08/2022 - 02:40 PM . ie: If they merge tomorrow and TRCH closed @ $2 today, that is the list price of MMAT after the merger. | Canadian Securities Exchange The major purpose of bringing the stock down after the stock price doubled after the ticker name change was the OPTIONS CHAIN. The acquisition aims to leverage PLASMAfusion™ technology, enhancing manufacturing capabilities in producing NANOWEB® and KolourOptik® films. As a result, TRCH stock was phased out and replaced by MMAT stock. Here is what I know. I have held MMAT stock since the merger and was issued 1000 preferred shares. Morning fellow intellectuals (and apes of course). Then told him to go fuck himself What Happened: So, MMAT issued a press release on January 11th, 2024, announcing a proposed settlement with the Securities and Exchange Commission (SEC) concerning an investigation related to the Torchlight if this is true they are screw the old mmat-a prefer shares holder that hold for many months and help the hedge to recover their lost as you know hedge will buy millions and million of shares a lot lot more then retail investor and the dividend money will spread thin and we all Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today Meta Materials Inc. It 09/11/2023 - 05:00 PM . You ALSO will be getting one MMAT stock per TRCH stock when the merger is completed. has successfully completed the acquisition of Nanotech Security Corp. TRCH/MMAT stock took a round trip from $3. In the same quarter last year, Meta Materials's earnings per share (EPS) was-$7. (the "Company" or "META") (NASDAQ:MMAT), a leader in advanced materials and nanotechnology, today announced it has entered into a common stock purchase 101 votes, 31 comments. , a Nevada corporation (the “Company”), ceased operations and 10/17/2023 - 12:50 AM . ’ Seems like eToro will sell at merger price: "If you hold stock positions in a company that is acquired as part of a merger: All open positions will be closed at the merger deal price, and any profit or loss incurred from these trades will be reflected in your Available balance. Share your ideas and get valuable insights from the community of like minded traders and investors. (Nasdaq: MMAT) has appointed Uzi Sasson as the new Chief Financial Officer (CFO) and Chief Operating Officer (COO), effective from April 20, 2023. It traded OTC as MMATF for many years before the listing on NASDAQ via merger. QUANTUM™ stripe is a revolutionary new product based on META's award-winning KolourOptik® technology. What had happened? The company filed a Form 8-K explaining that MMAT, its CEO George Palikaras. Another merger could be able to change things, though. Following the merger, META reported over $160 million in cash and a virtually debt-free balance sheet with approximately 285 million shares A reverse stock split is a significant corporate action that typically aims to boost the stock price of a company by reducing the number of shares outstanding. ADBE. TRCH and MMATF have successfully converted over to MMAT. 76 on June 21, before driving back down to $3. 0 million shares of To add instruments: Type a instrument or company name. The acquisition, priced at C$1. This event follows the successful completion of a Business Combination involving the acquisition of all common Isn't it likely that short positions were "closed" (minus needing the preferred shares) when MMAT fell below $3 after the merger was complete? Why would a short position not cover and buy back when the price collapsed then? I understand still needing to buy a share of MMATLP to close fully, but I don't see any connection to MMAT stock price or Meta Materials Inc. The company did have more than $154 million of cash on hand. (NASDAQ:MMAT) has announced its intention to conduct an underwritten public offering of its common stock and warrants to purchase shares. Meta Materials is expected to release next earnings on 03/28/2024, with an 12/04/2023 - 08:21 AM . News. com/TradingWithCJFinally an update from TRCH on the Naturally when I bought into that stock I was unaware that there would be a merger to happen. However, since then, the stock has declined by 24 percent. The rest is just you guessing the future. It went down like 80% following the merger. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. (the "Company" or "META") (NASDAQ:MMAT), a leader in advanced materials and nanotechnology, today announced that it has appointed Mr. That gives it ample strategic options going forward. I was like, you are in care of Millions of your customers money but you can’t fix a stock listing to have the right information day 1? The guy was like MMAT was a one off- and I replied, “Explain GREE being listed as a China Company”. 56 before bouncing back to Today we have another update from TRCH on the upcoming merger! What’s the current situation with TRCH & Meta Material? We cover all the latest news & Updates This has driven much of this stock’s post-merger decline. 6% over MMAT stock update Merger process should be 100% on July 2nd. your preferred shares holding from after merger never has tricker and one fine day trickers appears on OTC and even your preferred shares tricker changed into the same on OTC and holds the same value. 7% as of Wednesday morning, with more than 3 million shares traded. 70M. 7 Potential Stocks for Elon Musk's Buy List This company serves as a textbook example. STOCKS Top Companies by Market Cap Top Dividend-Paying Companies. 8 million in cash at C$1. 64 million. Perhaps it was split off in the TRCH MMAT merger/acquisition but I cant seem to find how or when. for approximately C$90. MMAT Stock Data Market Cap 3. George Palikaras has been removed as President MMAT stock is down another 60% since the spinoff and trades at around 96% below its 2021 peak. This is largely due to the company’s second and the finalization of a merger with Metamaterials. It did happen with MMAT too. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology company, today announced that its Board of Directors declared a distribution of one share of newly designated Series C Preferred Stock, par value $0. Stock Titan provides an ultra-fast stock market news feed and multiple tools for traders and investors. Common Stock (MMAT Institutional Holdings information can be used to gauge the volatility and value on the company’s stock You can buy MMAT stock because it's a meme stock, or because of the recent merger, or because of the share split -- or for all three reasons. I am heavily invested in mmat and don’t short stocks but I see the appeal here. (CSE:MMAX), has commenced trading of its Exchangeable Shares on the Canadian Securities Exchange (CSE) as of June 29, 2021. NPORE® offers superior stability with minimal heat shrinkage, addressing thermal runaway issues common in conventional separators. As time passed after the merger, I expected it or MMAT to change. This deal is expected to generate approximately $50 million in gross proceeds before expenses. This follows the retirement of Maurice Guitton, who was recognized for his long service, including as former Chairman. 64 million and authorized shares from 1 billion to 10 million, with no change in par value. HALIFAX, NS / ACCESSWIRE / December 5, 2023 / Meta Materials Inc. Meta Materials (NASDAQ:MMAT) -1. The combined entity now trades on the Nasdaq exchange under the ticker ‘MMAT. MMATF to MMAT Meta Materials Inc. reverse split the stock and merge with a different Today we have a huge update from TRCH / MMAT on the recent merger! What’s the current situation with TRCH & Meta Material? We cover all the latest news & Upd MMAT Stock Will Benefit From Nanotechnology Merger. The Reverse Stock Split is part of the Company's Meta’s newest merger exemplifies its mission wonderfully, pairing metamaterials and nanotechnologies. We got holders of 3 stocks in some chases. (NASDAQ:MMAT) Stock OceanTech Acquisitions Corp. The CUSIP change has occurred TODAY, and very soon, stuff is going to get CRAZY. CEO MMAT stock is seeing major movements during pre-market hours today. Here’s everything you need to know about the news. Prior to this, he held no 10/10/2023 - 08:00 AM . It's bringing MMAT to NASDAQ, and the TRCH ticker symbol currently on NASDAQ will change to MMAT when merge happens. MMAT has gone through a wild merger, there are 2 stocks that have merged into MMAT. the value that each MMAT share actually gained. HALIFAX, NS / ACCESSWIRE / November 8, 2023 / Meta Materials Inc. O) gave up premarket gains to fall 20% on Monday, the first day of trading after a merger that saw the niche hi-tech materials maker swallow Torchlight Energy HALIFAX, NS / ACCESSWIRE / November 7, 2023 / Meta Materials Inc. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology company, today announced that it has entered into definitive agreements with certain institutional investors for the issuance and sale in a registered direct offering of 75. The offering includes a potential 30-day option for underwriters to acquire an additional 15% of shares and/or warrants at the public offering price, minus underwriting discounts. Meta Materials is Metamaterial Inc. ; and (III) Torchlight stock held as of June 28, 2021, the date the merger with Metamaterial, Inc. The settlement, subject to approval by the SEC Commissioners, involves a cease-and-desist order and a civil money penalty of $1 million in four Resources, Inc. HALIFAX, NS / ACCESSWIRE / October 10, 2023 / Meta Materials Inc. (NASDAQ:MMAT) has entered a joint development agreement for its NPORE® battery separator materials with a leading global battery OEM. Today, Meta Materials is announcing its acquisition of Nanotech Security. However, since briefly falling below $3 in August, Meta Materials has The value each MMAT share was expected to gain vs. 33? That’s what was said, yes, but that’s not what their press release says. It has great ideas, no doubt about it. Meta Materials (NASDAQ: MMAT) disclosed: On August 9, 2024, after consideration of all strategic alternatives, Meta Materials, Inc. You deserve clarity not only on the reverse merger, but on the suspected short sellers and dark pools that circulated in December 2022 as suggested in various media outlets. I don't have a lot of money, so I have to be careful with my decisions. The Metamaterial stock forecast is 18. (NASDAQ:MMAT) held its annual shareholder meeting on December 5, 2022. 0 coins TRCH is rank 1 of the most shorted stock in the works. CNSX): Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock Metamaterial Inc. 11K subscribers in the TRCH community. Well I for one am proud of alot of people in this stock and HALIFAX, NS / ACCESSWIRE / December 15, 2022 / Meta Materials Inc. MMAT Stock: Chairman Gregory McCabe Acquires Next Bridge’s Debt to Meta. Jim Fusaro as Chief Executive Officer, effective immediately. The other day the preferred stock category changed to MMLTP with a $. Morali brings more than 30 years of experience in financial leadership from MMAT stock update. com/TradingWithCJThe 30th has come & gone! Where do MMAT Stock: Meta Materials to Pay $1 Million to Settle Federal Securities Violations. Not every brokerage even has the correct market cap. SPY 0. So has another factor: the heavy issuance of new shares. At one point, TRCH stock climbed by more than 600 percent in February from December 2020 due to investors’ enthusiasm regarding the merger. For example, Company A and Company E form an agreement to undergo a 1-for-2 As summer peaked at the end of July, Meta Materials (MMAT) popped back into the news. /Alliance Global Meta Materials Inc. 35 each, along with warrants exercisable at $1. "News" also means an event; buy at merger announcement, sell right before the merger. Find the latest dividend history for Meta Materials Inc. Come on. (DD below)! (FYI "#number" is the link/reason backing and you will see it noted throughout the DD. (the "Company" or "META®") (NASDAQ:MMAT, FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that its board of directors has Meta Materials Inc. VLEPSIS® technology expected to be the world's first commercially available multi-gigapixel WAMI system. Roth Capital Partners and A. 25 per share, aims to enhance META's capabilities in anti-counterfeiting solutions and expedite growth in the commercialization of metamaterials. This strategic acquisition is expected to enhance Meta's manufacturing capabilities, reduce production costs, and accelerate commercialization in various sectors, 🚀 𝐏𝐚𝐭𝐫𝐞𝐨𝐧 𝐌𝐞𝐦𝐛𝐞𝐫𝐬𝐡𝐢𝐩 (Exclusive Content)https://www. TRCH and MMATF. With over 30 years of experience in finance and operations across multiple sectors, Mr. The day it signed the deal, it appointed a CFO recently involved in an undisclosed paid promotion. 5 million, comprising $3. HALIFAX, NS / ACCESSWIRE / December 4, 2023 / Meta Materials Inc. 64 on May 13 to $21. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 850,000 shares of its common stock (or common stock On Friday, Meta Materials (MMAT) cratered after filing for liquidation bankruptcy and laying off its remaining employees. Find the latest Meta Materials Inc. MMAT Stock Will Benefit From Nanotechnology Merger. Buy the rumor, sell the news. Insiders HALIFAX, NS / ACCESSWIRE / February 20, 2024 / Meta Materials Inc. It will not stop existing, it will be converted to new post merger stock as some ratio. 3%. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced preliminary positive cost cutting results from the initial stages of restructuring, while signaling its intent to focus on core business lines currently generating Today we have a huge update from TRCH / MMAT on the recent merger! What’s the current situation with TRCH & Meta Material? We cover all the latest news & Upd Stock Titan provides an ultra-fast stock market news feed and multiple tools for traders and investors. HALIFAX, NS / ACCESSWIRE / September 12, 2023 / Meta Materials Inc. 7 billion in John A. When the instrument you want to add appears, add it to My European Quotes by selecting it and pressing Enter/Return. Meta rose to billion-dollar status after agreeing to a reverse merger with defunct penny stock Torchlight Energy in December of 2020. 00 1 per share, for each outstanding share 338 votes, 146 comments. 23K subscribers in the MMAT community. Settlement Fund: $3,000,000. The algos won’t recognize it as a tech stock until the ticker is converted, right now it’s being recognized as an oil stock. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced that its Board of Directors has appointed Mr. closed. TRCH stock had , consisting of conventional materials such as metals and plastics, that are has historically been on the acquisition and development of highly profitable VIEW ARTICLE If you would like to know more regarding the topic in this blog post, please do [] Meta Materials Inc. Welcome to the META®verse. Adobe Reports Record Q4 and Fiscal 2024 Meta Materials (MMAT) agreed to settle $3M with investors to resolve claims related to the Torchlight Energy Resources' deal. Stock sale pace is around $13 to $14 million by end of quarter. (NASDAQ:MMAT) has acquired Plasma App Ltd. (the "Company" or "META") (Nasdaq:MMAT), an advanced materials and nanotechnology company, will be showcasing its VLEPSIS® airborne EO wide-area motion Meta Materials Inc. Trending News. PLASMAfusion™ promises to accelerate production, reduce costs, and expand applications, Example of a Stock-for-Stock Merger . 4% of the company's shares on a partially diluted basis, equating to 32,433,347 shares. In the ensuing 6 months, Torch light’s stock twice rose Meta Materials Inc. The assets that TRCH held which is a oil and gas exploration company, all they do is survey underground and drill test wells. The filing further Meta Materials Inc. 4 million shares. 6 shares of TRCH, does that mean if the share price is $12 before the merger, after merger, it'll be only $3. Common Stock (MMAT) at Nasdaq. Meta will enact the reverse split in order to regain compliance with Nasdaq’s minimum $1 rule. 00%. It's been on the Threshold list since 6th of June, and I don't "All persons or entities who purchased or otherwise acquired: (I) Meta Materials Inc. TRCH & MMAT SHAREHOLDERS. There was no expectation of listing until 2020. The stock dropped 73% to a record low of $0. Still in process of merger. 09/12/2023 - 08:00 AM . Nanotech is a HALIFAX, NS / ACCESSWIRE / December 5, 2023 / Meta Materials Inc. (NASDAQ:MMAT) has completed its business combination with Torchlight Energy Resources, effective June 28, 2021. 15%. (NASDAQ: MMAT) announced that CEO George Palikaras has filed an Early Warning Report following the completion of a business combination. Additionally, the SEC notes that Brda and Palikaras “misrepresented the company’s efforts to sell its oil When GP and John did the reverse merger, they did it a few days before the scheduled time because TRCH was still being shorted to shit and they weren’t planning on covering it seemed. com. Meta Materials (MMAT) reported Q3 2023 earnings per share (EPS) of-$2, meeting estimates of -$2 by 0. (NASDAQ: MMAT) for potential securities violations on behalf of shareholders who purchased shares anytime during the period from What’s Happening with MMAT Stock. On June 28, 2021, the company went public through a reverse takeover deal with the energy company Torchlight Energy Resources. (“Torchlight”) stock held as of May 5, 2021, the record date for shares eligible to vote on the merger with Metamaterial, Inc. Harding brings extensive experience from his roles in the semiconductor industry, including leadership positions at Qorvo and AMD. If you look through their presentation, you Meta Materials Inc. Meanwhile, shares of MMAT stock have slid lower by about 10% this week. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced preliminary positive TRCH stock turned into MMAT stock recently when Torchlight merged with Meta Materials. But there's still little to justify an investment. (NASDAQ:MMAT) has officially opened its new global headquarters and Centre of Excellence in Dartmouth, Nova Scotia. (MMAT. Insiders Ownership 7. f/k/a Torchlight Energy Resources, Inc. Falling to the OTC will remove all institutional investors, big money, and international money. The offering closure is anticipated around June 28, 2022. Here's what to know. HALIFAX, NS / ACCESSWIRE / September 11, 2023 / Meta Materials Inc. (NasdaqCM:TRCH) from Tom Welch and others for approximately $140 million in a reverse merger transaction on September 15, 2020. This transaction resulted in Palikaras acquiring beneficial ownership of approximately 11. (Nasdaq:MMAT) announced the appointment of Eugenia Corrales and Vyomesh "VJ" Joshi to its Board of Directors as of April 25, 2023. This 68,000 square foot facility, featuring twelve semiconductor-quality cleanrooms, is the largest of its kind in Atlantic Canada. I'll be breaking this down into several parts, from the lead up the merger, to the past month of price action as MMAT, to Today we have another update from TRCH on the upcoming merger! What’s the current situation with TRCH & Meta Material? We cover all the latest news & Updates Meta Materials Inc. Harding and George Palikaras, receiving over 99% approval. Effectively netting you the dividend AND post-merger stocks! Here's my reasonings. After the merge, only MMAT will exist. (the "Company" or "META") (NASDAQ:MMAT), a global leader in advanced materials and nanotechnology, today announced the production qualification and launch of No one was selling, short didnt cover a smigget, and the ticker still isn’t fully converted, that’s why you see N/As on MMAT info in S3, ORTEX, and YahooFinance. A similar rate of cash burn would leave it with negative $8 million in cash at the end of Q1 2023 before whatever they raised via stock sales. 25 per share. Edit: Oh, this is super weird. Philippe Morali to its Board of Directors. Currently mmat trading at TRCH 500m Market cap once you s Find the latest Meta Materials Inc. 52M. This would be an indirect acquisition for MMAT and has TRCH stock now trades under MMAT ticker and may revolutionize diabetes management July 13, 2021 By Alex Sirois , InvestorPlace Contributor Jul 14, 2021, 6:00 am EST July 13, 2021 Stock Titan provides an ultra-fast stock market news feed and multiple tools for traders and investors. Like the complexities of the MMAT stock, this DD is loaded with twist and turns from as many Meta DDs as I can add since this group started. G. Because of the land to be sold from TRCH as part of the merger, this meant that we got preferred shares as placeholders if you held the The merger establishes Meta Materials (NASDAQ: MMAT). So the final numbers after the reverse split merger were 100 No stock under the old CUSIP number exists anymore; it all automatically converts to the new CUSIP. Make informed investments with Nasdaq. 5% of votes in favor. HALIFAX, NS / ACCESSWIRE / January 23, 2024 / Meta Materials Inc. Nanotech is a 12/05/2023 - 08:00 AM . 9 million. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today provided some clarification of the potential impacts of Proposal 3: Approval of a Reverse Stock Split, to be voted on at the 2023 Annual Meeting of Stockholders, to be held on The Reverse Stock Split is part of the Company's plan to regain compliance with the $1. 783118 USD. The company's metamaterials business is a departure from MMAT stock hit the Nasdaq today after Metamaterials and Torchlight Energy closed their highly anticipated merger. If we learnt anything from GME, is that during a squeeze such as we will experience with MMAT, there is a high potential for a disruption of our individual goals (MSM telling you to sell and discouraging you) and platforms (See Robinhood during GME’s spike) going down. for $20 million in a stock for stock transaction. MMAT Stock Is an Aspirational Play for the Gambler I’m going to borrow Sirois’ term for Meta Materials as a pre-commercialization technology firm. MMAT MMATF & TRC Meta Materials Inc. 30%. This is a different situation because of hype of the merger and Track Metamaterial Inc (MMATF) Stock Price, Quote, latest community messages, chart, news and other stock related information. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today provided some clarification of MMAT Stock Boosts Higher on Closing of Reverse Merger Today, the Meta Materials-Torchlight merger officially closed . QQQ 0. He replaces Ken Rice, who is retiring. Some sites still show hudspeth as owned by MMAT while this filing shows it owned by Wolfbone Investments. 2% post-market after reporting a Q3 GAAP loss and saying it is cooperating with an SEC request for information tied to its deal involving Torchlight Energy. Sentiment; News; Earnings; Shop; Content; DIA 0. Q3 net TRCH to MMAT conversion is 1:1 and will be listing at the value of TRCH at closing the day prior to the merger. HALIFAX, NS / ACCESSWIRE / November 7, 2023 / Meta Materials Inc. (MMATQ) stock quote, history, news and other vital information to help you with your stock trading and investing. A securities fraud lawsuit has been filed against Meta Materials, Inc. and John Brda, the former CEO of Torchlight Energy Resources, the company with which Meta had merged in order to list quickly on the Nasdaq Stock Market, had received Wells notices There's no new merger. The centre will focus on advanced manufacturing, nanotechnology, and Stock News Live Stock News Today Trending News AI news FDA Approvals Clinical Trials Merger & Acquisitions Earnings Offerings IPO News Stock Splits Google News. (NASDAQ:MMAT) announced a registered direct offering of 37,037,039 shares at $1. My broker, Schwab showed my preferred shares with a 0 dollar price. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites Metamaterial Inc. The merger Join Our Free Discord https://discord. The company TRCH will cease to exist. 03%. Patience. And even if they didn't, what does a MARGIN call have to do Find the latest Institutional Holdings data for Meta Materials Inc. true. " Once that CUSIP changes, the naked shorter has no apparent way to close out the naked short position. 883 USD for 2026 July 12, Sunday. Institutions Ownership 3. (NASDAQ:MMAT) announced that its wholly-owned subsidiary, Metamaterial Exchangeco Inc. Published on 30 Jun 2022 on ETF DAILY NEWS . Brda - the president of TRCH, even him on Twitter doesn’t have guts to say these preferred stocks are fake. In the case of Meta Materials Inc. (NASDAQ:MMAT) announced the appointment of Jack Harding as Chair of the Board of Directors, effective August 16, 2022, succeeding Ram Ramkumar, who will become a Strategic Advisor. (NasdaqCM:TRCH) from Tom Welch and others for Today, MMAT stock is surging following the completion of a highly anticipated reverse merger with Torchlight Energy. “Stockholders of record on June 24, 2021, will be entitled to receive the dividend which will consist of one share of Series A Preferred Stock for each one share of common stock owned on that date (subject to adjustment for any reverse split of Torchlight's common stock after the record date but before the dividend MMAT Stock Is First of Its Type on Nasdaq “After 10 years of scientific discovery and application development, Meta Materials is now the first Nasdaq-listed metamaterials company, joining the After the reverse merger closed and TRCH became MMAT stock, this “to the moon” favorite made a fast trip back to earth. MMAT had ~$20 million in cash burn in Q4 2022. (NASDAQ: MMAT) has signed an agreement to acquire substantially all assets and intellectual property of Optodot Corporation for $48. and Metamaterial Inc. 00 in cash. Meta Materials Inc. Advertisement Coins. Current cash on hand is probably fairly low (~$5 million). Expected to close in Meta Materials Inc. META plans to double Nanotech's production capacity 🚀 𝐏𝐚𝐭𝐫𝐞𝐨𝐧 𝐌𝐞𝐦𝐛𝐞𝐫𝐬𝐡𝐢𝐩 (Exclusive Content)https://www. They listed MMAT wrong after the merger and they did the same to GREE. is incorporated in the state of Nevada. (CNSX:MMAT) signed a non-binding letter of intent to acquire Torchlight Energy Resources, Inc. The stock has declined 30. The split will reduce The vote taking place will have shareholders in NTSFF stock determining if Meta Materials can acquire all outstanding shares of the company. . I purchased another 1000 shares here of MMLTP. Dumb question: What'll drive the price of MMAt after the merger. Additionally, the . (NASDAQ: MMAT) has signed an agreement to acquire Nanotech Security Corp. A stock-for-stock merger can take place during the merger or acquisition process. MMAT Stock: Meta Materials Announces 1-for-100 Reverse Split. TRCH Stock – SEC Filings. Shares have plenty more room to tumble as meme Okay cool, unfortunately it sound's like you just entered at the wrong price point/time. The company’s daily average trading volume is still well above that at about 15. Are you so educated that you knew about the merger before the rest of us??? However, I will admit that still have a lot of learning to do when it comes to trading and the stock market. (MMAT) is a Canada-based smart materials and photonics company engaged in developing and manufacturing a wide range of functional materials and nanocomposites. Common Stock (MMAT) pre market trades, share volumes, and more. On that The Company's common stock will continue to trade on the Nasdaq Capital Market under the symbol "MMAT" but with a new CUSIP number 59134N302. I sold MMATF right before merger, and right before the new ticker 77 votes, 62 comments. The agreement allows META to sell shares to Lincoln Park over a 30-month period at the Company's sole discretion. That has more than 54 million shares of the stock changing hands as of this writing. HALIFAX, NS / ACCESSWIRE / December 8, 2022 / Meta Materials Inc. MMAT stock remains inflated. That's the day the company merged with Metamaterials to form Meta The following Monday (June 28th), after Torchlight announced a 2-for-1 reverse stock split and the completion of its merger with Meta I, the company’s new ticker (MMAT) Torchlight Energy (TRCH) -5% post-market after announcing a one-for-two reverse stock split and confirming that its merger with Metamaterial will take effect on June 28. Stock News Live Stock News Today Trending News AI news FDA Approvals Clinical Trials Merger & Acquisitions Earnings Offerings IPO News Stock Splits Google News. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that FINRA has revised its notice regarding the corporate action of exchanging META's Series A Preferred shares Stock News Live Stock News Today Trending News AI news FDA Approvals Clinical Trials Merger & Acquisitions Earnings Offerings IPO News Stock Splits Google News. Stocktwits. Meta Materials Inc (NASDAQ: MMAT) shares traded higher Monday amid interest due to the vote taking place Sept. patreon. Your recovery will depend on the amount of shares Shares of Meta Material Inc (MMAT. Since its 2021 reverse merger, the firm’s top brass has embarked on a massive spending spree, burning through an When I went to buy shares of this stock, the only option available was MMAX, with all the merge information I could find stating that it was a one to one equal to MMAT. Shorts taking full advantage of delay. (TSXV: NTS, OTCQX: NTSFF) for approximately C$90. SPRT really screwed a lot of people over. (SEC) related to a merger involving Torchlight Energy Resources, Inc. TRCH price or MMATF price? And considering MMATF holders will receive 3. All seven director nominees were elected, including John R. (MMAT) announced a 1-for-100 reverse stock split to regain compliance with the Nasdaq minimum closing price requirement. gg/TH2Ez29S4dBIG NEWS just in regarding TRCH & META! Torchlight Energy! (TRCH) this penny stock has been on abit of the 🚀 𝐏𝐚𝐭𝐫𝐞𝐨𝐧 𝐌𝐞𝐦𝐛𝐞𝐫𝐬𝐡𝐢𝐩 (Exclusive Content)https://www. 75 per share. 11/08/2023 - 04:00 PM . Until the shorts fear this going up / we show actually sustained buying pressure they’ll continue to everything they can to push it down to 0 or as far as it will go. Metamaterial Inc. 783118 USD for 2022 July 12, Tuesday; and 157. P. MMAT. Nasdaq first notified the company of Stock News Live Stock News Today Trending News AI news FDA Approvals Clinical Trials Merger & Acquisitions Earnings Offerings IPO News Stock Splits Google News. stock held as of May 5, 2021, the record date I know that are in w some from pre merger). This same point was highlighted by Wez Christian an attorney who has worked on naked shorting cases for years, who did an AMA with the guys form r/superstonk Metamaterial (MMAT) stock price prediction is 18. Corrales brings over 25 years of experience in tech, previously serving at Cisco There was never a time in recent history where MMAT was a true OTC stock. colluded with Brda to get listed on the NASDAQ via reverse merger, a tactic that the Chinese have used in the past to get their fraudulent HALIFAX, NS / ACCESSWIRE / June 24, 2022 / Meta Materials Inc. Metamaterial Only Wants To Merge With Torchlight For The Nasdaq Listing. There was a large pump in volume just before/when the merger was filed, then there was a huge sell off, followed by the 5 and 10 moving average crossing over on the chart and a week later the 10 and 20 moving average crossed over. The notices are related to a SEC investigation that, among other things, concerns the merger of Torchlight Energy Resources and Meta Materials. The split will reduce outstanding shares from 564 million to 5. The anticipated spinout of these assets is targeted for early Q1 2022. Torchlight now exists under the new name Metamaterials and a new stock ticker symbol (MMAT)—a change that became effective on June 28. Cusip number is changing on Monday! Ortex squeeze signal said to hold for 28 days, about a week ago. 00 per share minimum closing price required to maintain continued listing on the Nasdaq Capital Market. On September 21, 2020, Meta Materials announced a merger with Torchlight. Hudspeth, which merged with TRCH apparently became a subsidiary of Wolfbone Investments LLC at somepoint. Once the dust settles all will be fine. Float 6. The battery materials market is expected to grow from $16. MMAT’s goal is to shape a smarter and more sustainable world. (MMAT) common stock, Meta Materials and/or Torchlight Call Option contracts between September 21, 2020 and June 24, 2022, inclusive; (II) Torchlight Energy Resources, Inc. Use App. This milestone positions META as the first NASDAQ-listed metamaterials company. 99 value per share. Thomas Gordon Welch Acquires 35,000 Shares of Meta Materials Inc. Those trades can sit in the Obligation Warehouse forever, in theory. Both previous merged tickers (TRCH,MMATF) still haven't closed out their positions, as of Friday brokerages still had it as an oil company at 550M Market Cap when the cap should be 2B That’s a rather scant figure for a company with a market cap as high as MMAT stock. , the 1-for-100 ratio is quite aggressive and indicates a substantial reduction in the number of shares from approximately 564 million to about 5. The acquisition includes 67 issued and 22 pending patents related to nano-composite battery technologies. KPMG LLP was appointed as the auditor for the fiscal year ending December 31, 2022, with 99. That begs the question: Since its 2021 reverse merger, the firm’s top brass has embarked on a MMAT stock is down 50% for the year and almost 94% below its 2021 peak. 28, 2021, for the merger with Nanotech Security Corp (OTC: NTSFF). HALIFAX, NS / ACCESSWIRE / October 17, 2023 / Meta Materials Inc. (NASDAQ:MMAT) provides an update regarding its Series A Preferred Stock dividend related to its oil and gas assets. ) You see, Metamaterial wants to list on a large US stock exchange, and to do this, it’s carrying out a reverse takeover with a small NASDAQ-listed US energy company named Torchlight. Moreover, Meta Materials Inc is primarily in the business of semiconductors & related devices. 64%. Mr. (SEC) related to a merger involving Torchlight 11/07/2023 - 08:30 AM . com/TradingWithCJFinally an update from TRCH on the Totally agree, MMAT is a legitimate squeeze waiting to happen. dpepc jubu kog hjuhjo oakzygng fdgdgduq qudpnskmp ebccfs ynem wisuewin