was incorporated in 2007 and is headquartered in Dartmouth, Canada. and changed its name to Meta Materials Inc. The company was formerly known as Torchlight Energy Resources, Inc. Its customers are OEM providers in various industries, including aerospace, automotive, consumer electronics, communications, energy, banknote and brand security, and medical devices. Meta Materials Market Cap: 102.36M, Enterprise value: 132.56M, P/E: -1.95, PEG ratio: -0.05, EPS: -0.81, Revenue: 7.34M, EBITDA: -66.59M, Income: -352.00M. The company also develops and produces nano-optic structures and color-shifting foils that are used in authentication and brand protection applications in various markets, including banknotes, secure government documents, and commercial branding, as well as engages in the research, development, and manufacture of smart materials. Its products include metaAIR, a laser glare protection eyewear NANOWEB, a transparent conductive film holoOPTIX, a holographic optical element glucoWISE, a non-invasive glucose measurement device and metaSURFACE, which allows an enhancement in signal to noise ratio of up to 40 times for magnetic resonance imaging scans. invents, designs, develops, and manufactures various functional materials and nanocomposites. Such differences may result from a number of factors, including but not limited to: the timing and completion of the proposed transaction a failure to obtain necessary regulatory approvals a failure to obtain assurances of anticipated tax treatment or a deterioration in the business or prospects of META ® or Next Bridge.Meta Materials Inc. Actual future events or results may differ materially from these statements. There can be no assurance that the proposed transaction or other future events will occur as anticipated, if at all, or that actual results will be as expected. These statements include, but are not limited to, statements regarding the expected timing of the completion of the spin-off transaction, the benefits of the spin-off transaction to either META ® or Next Bridge and other events and statements that are not historical facts and are subject to significant risks and uncertainties. Vice President, Corporate Development and CommunicationsĬertain statements contained in this communication may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Track Meta Materials Inc (MMAT) Stock Price, Quote, latest community messages, chart, news and other stock related information. Our achievements have been widely recognized, including being named a Lux Research Innovator of the Year in 2021. Our nano-optic metamaterial technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Meta Materials is selling for under 0.21 as of the 2nd of October 2023 that is 5.00 percent increase since the beginning of the trading day. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. META® delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, high-performance, functional materials, components and systems. Please contact your broker, bank or other nominee for assistance with any questions concerning ownership or trading of META's Series A Preferred shares. supersedes and replaces all of META's prior disclosure regarding the logistics and timing of the trading of MMTLP in connection with the distribution. Please note that this disclosure and dates from FINRA regarding the trading of MMTLP in connection with the distribution of the shares of Next Bridge Hydrocarbons, Inc. MMTLP shares will be canceled effective 12/13/22. Purchases of MMTLP executed after 12/8/22 will not receive the distribution. (NASDAQ: TRCH), an oil and gas exploration company (Torchlight) and Metamaterial Inc. 14, 2020 /CNW/ Torchlight Energy Resources, Inc. for every one (1) share of MMTLP held on Pay Date of 12/14/22. Preferred Stock Dividend to be Issued to Torchlight Shareholders Prior to Closing PLANO, Texas and HALIFAX, NS, Dec. MMTLP shareholders with settled positions as of 12/12/22 Record Date will receive one (1) share of Next Bridge Hydrocarbons, Inc. Get the latest stock news for Nasdaq companies, press releases, financial disclosures and multimedia content. Please see which notes the following regarding the trading of shares of MMTLP on OTC and the distribution of the Next Bridge Hydrocarbons, Inc. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that FINRA has processed and announced the corporate action of exchanging META's Series A Preferred shares (OTC: MMTLP) for shares of common stock of Next Bridge Hydrocarbons, Inc. HALIFAX, NS / ACCESSWIRE / Decem/ Meta Materials Inc.
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