I don't believe George will respond but if he does investors will appreciate it. Heres everything investors interested in MMAT stock need to know after the merger. What is Meta Materials's Dividend Payment Date? 1125 N. Charles St, Baltimore, MD 21201. The discrepancy appears to be a misunderstanding of what the SEC data is telling investors. quotes delayed at least 15 minutes, all others at least 20 minutes. As a result, Meta Materials started trading on the, These are composite structures, consisting of conventional materials such as metals and plastics, that are engineered by META scientists to exhibit new or enhanced properties.. 1125 N. Charles St, Baltimore, MD 21201. This exchange ratio was planned to result in the Metamaterial Inc. shareholders owning approximately 75% of the resulting post-merger company, Meta Materials Inc, subject to financings prior to the closing of the business combination. The Company engaged an auditor on March 21, 2022 to conduct the audit. Kyle Bradford 20 Years Experience. About 3.8 million of an average daily trading volume of about 23.7 million shares had already traded. Biographies of each of the team members are as follows: Clifton Dubose Jr. 12 Years Experience. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Over the past month, its fallen from around $10 to less than $4 per share. Meta Materials : ARfusion - Solving the Challenges of Fashionable, Functional AR .. Meta Materials : Joins Stanford University SystemX Alliance Affiliates Program, Meta Materials : to Present at Access to Giving Virtual Investor Conference on July 15th, Meta Materials : to Hold Corporate Update Webcast at 1 PM EDT Today. On the date of publication, William Whitedid not have (either directly or indirectly) any positions in the securities mentioned in this article. There may be opportunity down the road with the now-named MMAT stock. Not only that, the special dividend paid out before the deal close represents a $77.9 million preferred stock claim on its shareholder equity. All statements that address operating performance or events or developments Torchlight expects or anticipates will occur in the future, such as the closing of the business combination with Metamaterials, stated objectives or goals, our refinement of strategy, our attempts to secure additional financing, our exploring possible business alternatives, or that are not otherwise historical facts, are forward-looking statements. HALIFAX, NS / ACCESSWIRE / December 3, 2021 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT, FSE:MMAT) a developer of high-performance functional materials and nanocomposites, today provided an update on the special Series A Preferred Stock dividend in relationship to the oil and gas assets and the planned sale or spinout . More likely than not, a continued move to lower prices. 2023 Meta Materials Inc. All rights reserved. Meta Materials Inc. Mark Komonoski So is using them to deice and defog Lidar cameras on self-driving vehicles. There are 3 levels to choose from starting at just $9 per month. Completion of this work will, the Company believes, enable us to move to the next steps in the spinout process for these assets. Sure, as InvestorPlaces Alex Sirois recently detailed, it has $160 million in cash, and nearly zero debt, following the merger. Shares have plenty more room to tumble as meme stock investors continue to head for the exits. Distributed by Public, unedited and unaltered, on 03 December 2021 20:21:09 UTC. Article printed from InvestorPlace Media, https://investorplace.com/2021/06/mmat-stock-14-things-to-know-about-red-hot-meta-materials/. In conjunction with the release of Q3 and nine-month 2021 financial results on October 15, 2021, META providedan updateon the Companys oil and gas assets and operations. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.02%. The reverse split, which will become effective after market closing on June 25, 2021, was approved by the stockholders of Torchlight at its Special Shareholder meeting held on June 11, 2021. MMAT stock is interesting following its transformation from TRCH stock. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Create an account to follow your favorite communities and start taking part in conversations. End-of-day quote Nasdaq META has been working diligently to complete the spinout of the OilCo, subject to compliance with all legal requirements and process approvals by all involved parties, including completion of the audit. I look forward to working with the management of Meta Materials Inc. to ensure a smooth transition.'. Nasdaq The Companys objective has been and remains to ensure that the intrinsic value of these assets is maintained for the benefit of the Series A Preferred stockholders of META and that the assets or proceeds therefrom are transferred as rapidly as possible to the Series A Preferred stockholders. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. 19.0k members in the MMAT community. PLANO, TX / ACCESSWIRE / June 25, 2021 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it paid the special Series A Preferred Stock dividend on a 1 for 1 basis to its stockholders of record on June 24, 2021. This has driven much of this stocks post-merger decline. Learn more at www.metamaterial.com. Rob StoneVice President, Corporate Development and CommunicationsMeta Materials Inc. Mark KomonoskiSenior Vice PresidentIntegrous CommunicationsPhone: 1-877-255-8483Email:[emailprotected], Meta Materials Inc. Finding a qualified financial advisor doesnt have to be hard. Watch till the end as I try to include a short Trading Lesson to increase your knowledge, reduce your risk and improve your strategyI have over 20 years experience as a lecturer in business, accounting, economics and law. quotes delayed at least 15 minutes, all others at least 20 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. View dividend data for Meta Materials (MMAT) including upcoming dividends, historical dividends, ex-dividend dates, payment dates, historical dividend yields, projected dividends and dividend changes (increases and decreases). On the date of publication, Thomas Niel did not have (either directly or indirectly) any positions in the securities mentioned in this article. No, MMAT has not paid a dividend within the past 12 months. We expect to provide additional updates upon completion of the drilling operations. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. As part of our December update, the operations are well underway, and the drilling is on track for completion later this month. HALIFAX, NS / ACCESSWIRE / December 3, 2021 /Meta Materials Inc. (the Company or META) (NASDAQ:MMAT, FSE:MMAT) a developer of high-performance functional materials and nanocomposites, today provided an update on the special Series A Preferred Stock dividend in relationship to the oil and gas assets and the planned sale or spinout of these assets for the benefit of the Series A preferred stockholders. Commencing on June 28, 2021 Torchlight's name will be changed to "Meta Materials Inc." and its common stock will begin trading on NASDAQ under the ticker symbol "MMAT.". This press release includes forward-looking information or statements within the meaning of Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, regarding the Company, which may include, but are not limited to, plans, and the timing, for the disposition or spinout of the Companys oil and gas assets, statements with respect to the business strategies, product development, expansion plans and operational activities of the Company . META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. History; The Team; Investment; Label Solutions By utilizing innovative technologies in design, the first exploratory well produced 35% higher than type curve. Rob StoneVice President, Corporate Development and CommunicationsMeta Materials Inc.[emailprotected], Mark KomonoskiSenior Vice PresidentIntegrous CommunicationsPhone: 1-877-255-8483Email:[emailprotected], Meta Materials Inc. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. MMAT MMTLP All your questions for the Preference Shares, Special Dividend and Hedge manipulation. The reverse split, which will become effective after market closing on June 25, 2021, was approved by the stockholders of Torchlight at its Special Shareholder meeting held on June 11, 2021. META is in the process of finalizing permanent arrangements with a completely new management team for OilCo who bring significant experience in oil and gas exploration as well as specific experience in the Orogrande region. The merger also resulted in leadership changes for the two companies. MMAT MMTLP Metamaterials Special Dividend update. 1 week ago - Meta Materials (MMAT) Stock Pops on New Purchase Order - InvestorPlace 1 week ago - Meta Materials Receives New Purchase Order from Its G10 Central Bank Customer - Accesswire 2 weeks ago - Top 5 Tech Stocks That Are Preparing To Pump In February - Blackbaud (NASDAQ:BLKB), PC Connection (NASDAQ:CNXN) - Benzinga 2 weeks ago - MMAT Stock Alert: Meta Materials Plans to Sell . -, Wall Street Set to Open Lower as Inflation Data Concerns Investors, Meta Materials Wins New Purchase Order From G10 Central Bank Customer, Meta Materials Inc. Plans Global Commercial Launch of its Unique, Metamaterial Nano-Optic Technology, KolourOptik, https://www.accesswire.com/676024/META-Provides-Update-on-the-Special-Series-A-Preferred-Stock-Dividend. This exchange ratio was planned to result in the Metamaterial Inc. shareholders owning approximately 75% of the resulting post-merger company, Meta Materials Inc, subject to financings prior to the closing of the business combination. On January 14, 2022, METAprovided an updateon the Companys oil and gas assets and operations. You will get early access to the daily stock alerts and also the weekly watchlist. MMAT MMTLP Metamaterials Special Dividend. Such statements are based on the current expectations and views of future events of the management of the Company and are based on assumptions and subject to risks and uncertainties. Follow me on this journey to success and profits. My toughest video so far. META has been utilizing a team of asset managers who bring significant experience in oil and gas exploration. HALIFAX, NS / ACCESSWIRE / December 3, 2021 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT, FSE:MMAT) a developer of high-performance functional materials and nanocomposites, today provided an update on the special Series A Preferred Stock dividend in relationship to the oil and gas assets and the planned sale or spinout of these assets for the benefit of the Series A preferred stockholders. Fallen from around $ 10 to less than $ 4 per share over the past 12 months self-driving., on 03 December 2021 20:21:09 UTC success and profits will get early access the. Baltimore, MD 21201 December update, the operations are well underway, and the is. To head for the exits you will get early access to the daily stock alerts and also the watchlist. Authentication for brands are well underway, and the drilling is on track for completion later this month dolor. 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Is on track for completion later this month to deice and defog Lidar cameras on vehicles.

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