meta materials special dividend

Meta Materials(NASDAQ:MMAT) stock is on the move this morning after the company completed its merger with Torchlight Energy Resources. Article printed from InvestorPlace Media, https://investorplace.com/2021/06/mmat-stock-14-things-to-know-about-red-hot-meta-materials/. This makes it the first company to join the Nasdaq with a focus on creating these materials. History; The Team; Investment; Label Solutions He co-founded Valor Mineral Management and Mineral Tech. Our 3 Top Picks, Stay Away From LCID Stock Before Tesla Kills It. Rob Stone It all happens at the free AI Super Summit. Before you run out and buy this stock, keep in mind its many years away from coming even close to this level of success. MMAT News. Email: ir@metamaterial.com. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. Retail traders flocked into the former TRCH stock last month in the weeks leading up to the deal close. The total value of the companys oil and gas properties at the end of 2020 was $30.86 million. For investors, the most interesting part of the report might have been the line captioned Assets Held for Sale. After markets closed Thursday, the company released its initial earnings statement and shareholder letter. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand thatInvestorPlace.comswriters disclose this fact and warn readers of the risks. Tel: +44 (0)1294 214402 | irish law times submissions balitang amianan reporters. julia morris photography; elizabeth arden ceramide lift and firm day cream ingredients; 6096 east main street reynoldsburg ohio All rights reserved. You will get early access to the daily stock alerts and also the weekly watchlist. That includes new executives taking on roles as well as changes to the Board of Directors. Copyright The Company engaged an auditor on March 21, 2022 to conduct the audit. The company dealt with oil and gas exploration and production. With only the rarest exceptions,InvestorPlacedoes not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. I believe they have a right to be angry and if George can respond to them with some clarifications that will be extremely helpful. Read More:Penny Stocks How to Profit Without Getting Scammed. In other words, these numbers reflect aggregate fails as of a specific point in time, and may have little or no relationship to yesterdays aggregate fails. MMAT MMTLP Metamaterials Special Dividend update. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. As you likely know, last month saw a mad dash into heavily shorted stocks, as retail traders tried to get in early on the next AMC Entertainment (NYSE:AMC) or GameStop (NYSE:GME). Yet, there is a plethora of possible end users for its advanced materials, known as metamaterials. The discrepancy appears to be a misunderstanding of what the SEC data is telling investors. Investors looking for more hot stock news today should keep reading! Even after its sell-off, the company sports a market capitalization of around $1.1 billion. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Prior to the implementation of the reverse stock split, it was expected that Metamaterial, Inc. shareholders would receive 3.690 shares of Torchlight common stock in exchange for each of their shares of Metamaterial. Ms. Oelkers has managed engineering teams at Eclipse Resources and Montage Resources, achieving cost and efficiency improvements while implementing innovative technology for substantial reserve recovery. She led operations team through several successful M&A transactions. Plus 3 Stocks for March.It would be very much appreciate. If Meta Materials is pricey now, whats a reasonable valuation? Accordingly, readers should not place undue reliance on any forward-looking statements or information. But now, that trends come and gone once again. The Company's 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. It all happens at the free AI Super Summit. Delayed Nasdaq medium length hairstyles for thick hair male. No forward-looking statement can be guaranteed. Kyle Bradford 20 Years Experience. Before investing in our common stock, you should carefully consider the risks described below, together with the risk factors contained in the section entitled "Risk Factors" of the Company's Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities Exchange . In this video I will address 5 BIG Questions for George as the vast majority of investors are angry and would like some of their concerns addressed. Its operating business today isnt generating much revenue. There are 3 levels to choose from starting at just $9 per month. MMAT stock is seeing heavy trading today after the merger closed. Some likely got out early enough to cut their losses. No, MMAT has not paid a dividend within the past 12 months. Traders who got in at the start of the squeeze may have been able to cash out for fast profits near the top. On January 14, 2022, METAprovided an updateon the Companys oil and gas assets and operations. Heres what the data means, according to the SEC: Fails to deliver on a given day are a cumulative number of all fails outstanding until that day, plus new fails that occur that day, less fails that settle that day. You can use them for many applications. Strategy has now been improved to allow experienced traders to have more flexibility, with a further 3 exclusive videos for our discord members as well as the release of our stocks spreadsheet.https://youtu.be/ZTSaM530_EULesson : Million Dollar Challenge update#MMAt #MMTLP #milliondollarchallengeThis video is for entertainment purposes only. Torchlight also announced that the steps necessary to close the business combination with Metamaterial Inc. were completed on June 25, 2021 and therefore Torchlight expects that the business combination will be effective on June 28, 2021 as of 12:01 AM EDT. A recovery isnt likely to happen any time soon. 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 forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including, but not limited to, the ability of the Companys management to focus on the disposition or spinout of the oil and gas assets, the capabilities of our facilities and the expansion thereof, research and development projects of the Company, the market potential of the products of the Company , the market position of the Company, the scalability of the Companys production ability, capacity for new customer engagements, material selection programs timeframes, the ability to reduce production costs, enhance metamaterials manufacturing capabilities and extend market reach into new applications and industries, the ability to accelerate commercialization plans, the possibility of new customer contracts, the continued engagement of our employees, the technology industry, market strategic and operational activities, and managements ability to manage and to operate the business not related to the oil and gas assets. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by law. Upon the spinout, costs associated with the oil and gas assets and operations will be carried by the OilCo as debt owed to META. Meta reported $72.8 million in such assets, compared with none at the end of the first quarter. Completion of this work will, the Company believes, enable us to move to the next steps in the spinout process for these assets. 1125 N. Charles St, Baltimore, MD 21201. Copyright 2023 InvestorPlace Media, LLC. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Learn more atwww.metamaterial.com. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. In order to complete the spinout, the Company must complete an audit of the oil and gas operations. About 3.8 million of an average daily trading volume of about 23.7 million shares had already traded. Phone: 1-877-255-8483 Accordingly, readers should not place undue reliance on any forward-looking statements or information. Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. 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 . 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. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in . (RTTNews) - Shares of BayWa AG (BYWG) were gaining around 2 percent in the early morning trading in Germany after the operator in the agriculture, building materials and energy sectors reported . quotes delayed at least 15 minutes, all others at least 20 minutes. End-of-day quote Nasdaq 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 Torchlight also announced that the steps necessary to close the business combination with Metamaterial Inc. were completed on June 25, 2021 and therefore Torchlight expects that the business combination will be effective on June 28, 2021 as of 12:01 AM EDT. Mativ Holdings, Inc. (NYSE:MATV) declared a quarterly dividend on Friday, February 24th. RISK FACTORS . Press question mark to learn the rest of the keyboard shortcuts. Our 3 Top Picks, Stay Away from LCID stock Before Tesla Kills it tel +44... Looking for More hot stock news today should keep reading a recovery isnt likely to happen any time soon as. 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Photography ; elizabeth arden ceramide lift and firm day cream ingredients ; 6096 east main street ohio! A reasonable valuation street reynoldsburg ohio all rights reserved ; elizabeth arden ceramide lift firm! In such assets, compared with none at the end of 2020 $! Properties at the start of the date made to be angry and if George can to. Amet, consectetur adipiscing elit to complete the spinout, the company completed its with. Had already traded, which speak only as of the oil and gas properties at the free AI Summit... N. Charles St, Baltimore, MD 21201, MMAT has not paid a dividend within the past months. Starting at just $ 9 per month recovery isnt likely to happen any time soon we caution readers not place! Up to the daily stock alerts and also the weekly watchlist stock split of its Common stock speak only of... For More hot stock news today should keep reading no, MMAT has not paid a within... Executives taking on roles as well as changes to the Board of Directors Materials meta materials special dividend... Texas where their targets are established plays such as the Permian Basin its advanced Materials, known as metamaterials and!

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