meta materials special dividend

As one Seeking Alpha contributor detailed near the peak of the squeeze, the former TRCH stock struck while the iron was hot, launching a dilutive secondary offering. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 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. The purpose of each video will be to boost your potential gains in the stock market. The 1 for 2 ratio represents the lowest amount Torchlight may implement under the 1-20 range that was previously approved by the stockholders. 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 Company's 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 Company's 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 management's ability to manage and to operate the business not related to the oil and gas assets. It also has legacy oil and gas assets its intending to sell. HALIFAX, NS / ACCESSWIRE / March 31, 2022 /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 which is now planned as a spinout of these assets and operations in a company that will be owned by the Companys Series A preferred stockholders. As part of our December update, the operations are well underway, and the drilling is on track for completion later this month. In the shareholder letter, founder and CEO George Palikaras said the company expects development programs to account for the majority of our revenue over the next 12 months.. Is Meta Materials's dividend stable? Phone: 1-877-255-8483 Based on its pro forma financials, revenues on an annualized basis come out to around $2.4 million. 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. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Lorem ipsum dolor sit amet, consectetur adipiscing elit. MMAT stock is seeing heavy trading today after the merger closed. 495 members in the Oilco_Holdings community. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Reddit and its partners use cookies and similar technologies to provide you with a better experience. We urge you to consider those risks and uncertainties in evaluating our 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 of these assets for the benefit of the Series A preferred stockholders. As part of our December update, the operations are well underway, and the drilling is on track for completion later this month. 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. He has successfully managed and led operations teams for Chesapeake Energy, Ascent Resources, and Montage Resources. "We plan to continue our efforts related to our asset divestiture to provide a positive outcome for Preferred A Stockholders as well as entering this new chapter for the combined Company. 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 Shares have plenty more room to tumble as meme stock investors continue to head for the exits. Welcome to the original "Meta-Verse", r/MMAT, a place where Meta Materials Inc No forward-looking statement can be guaranteed. Known as Glucowise, the company projects an annual market potential topping $15 billion. Business enquiries: newtradingsecrets@gmail.comMMAT MMTLP Metamaterials New Special Dividend Rumour. Yet, there is a plethora of possible end users for its advanced materials, known as metamaterials. But a key end use may be in the health care space, and diabetes management (glucose monitors) in particular. Vice President, Corporate Development and Communications MMAT stock remains inflated. Email: ir@metamaterial.com. I don't believe George will respond but if he does investors will appreciate it. 2023 InvestorPlace Media, LLC. Often but not always, forward-looking information can be identified by the use of words such as pursuing, potential, predicts, projects, seeks, plans, expect, intends, anticipated, believes or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results may, could, should, would or will be taken, occur or be achieved. MMAT MMTLP George Palikaras CEO of MetaMaterials Inc. speaks on 5G, on Microwave Journal Q&A Panel. 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. That includes new executives taking on roles as well as changes to the Board of Directors. All rights reserved. All rights reserved. META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. meta materials special dividend Article printed from InvestorPlace Media, https://investorplace.com/2021/06/mmat-stock-14-things-to-know-about-red-hot-meta-materials/. Even after its sell-off, the company sports a market capitalization of around $1.1 billion. History; The Team; Investment; Label Solutions Copyright 2023 Surperformance. The ex-dividend date of this dividend is Friday, March 3rd. 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. With many applications for its technology, the company has big opportunities across many sectors. 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. About Torchlight Energy Resources, Inc.Torchlight Energy Resources, Inc. (TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements as a result of various factors, including those risks and uncertainties described in or implied by the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our 2020 Annual Report on Form 10-K, filed on March 18, 2021, our First Quarter 2021 report on form 10-Q filed on May 14, 2021 and our other reports filed from time to time with the Securities and Exchange Commission ('SEC'). Next Bridge Hydrocarbons is developing its Orogrande Project, in the Permian Basin in West Texas, USA. She led operations team through several successful M&A transactions. I will be sharing my knowledge and insight of trading strategy by providing stock analysis of the latest share to invest in and the best strike prices. It all happens at the free AI Super Summit. 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. It would be very much appreciated by me if you could support my channel by clicking on the link below to buy me a coffee.https://www.buymeacoffee.com/TradingSecretsPatreon details are now ready and available. Stockholders of record on Tuesday, March 7th will be paid a dividend of 0.40 per share on Friday, March 24th. Given the scope of the work required to ensure that we remain in compliance with the lease obligations and satisfy a range of regulatory requirements, the Company is targeting a spinout or disposition of the oil and gas assets for early Q1 2022 pending process approvals by all parties involved. TORCHLIGHT ANNOUNCES PAYMENT OF A SPECIAL SERIES A PREFERRED, STOCK DIVIDEND, A 1:2 REVERSE STOCK SPLIT AND PLANNED CLOSING OF. Nasdaq As an Asset Manager at Eclipse Resources, she was responsible for leading the multidisciplinary team to prove-up the asset. julia morris photography; elizabeth arden ceramide lift and firm day cream ingredients; 6096 east main street reynoldsburg ohio MMAT MMTLP Metamaterials Special Dividend update. If Meta Materials is pricey now, whats a reasonable valuation? A recovery isnt likely to happen any time soon. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. 1125 N. Charles St, Baltimore, MD 21201. Email:[emailprotected]. O'Melveny Advises Next Bridge Hydrocarbons in Spin-Off Transaction from Its Publicly-Tr.. -, Meta Materials : Dr. Hai Sun Joins META as Director of Lithography Manufacturing and Operations, Meta Materials : Appoints Darren Ihmels as Vice President of Business Development Ophthalmics (Form 8-K). Learn more atwww.metamaterial.com. He led the drilling and operational teams through the development of the super-lateral program highlighted by the drilling and completion of the world record setting Purple Hayes 1H Well. It looks like you aren't allowed to do that. 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. Traders who got in at the start of the squeeze may have been able to cash out for fast profits near the top. Its operating business today isnt generating much revenue. I will be sharing my knowledge and insight of trading strategy by providing stock analysis of the latest share to invest in and the best strike prices. HALIFAX, NS / ACCESSWIRE / March 31, 2022 / 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 which is now planned as a . It may be able to turn its technology into high levels of growth in the coming years. 'I would like to take this opportunity to thank all of Torchlight's shareholders, its Board and the team at Metamaterial Inc. for their long time support, enthusiasm and efforts in making this merger a success,' commented John Brda, Torchlight's Chief Executive Officer. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Mativ Holdings, Inc. (NYSE:MATV) declared a quarterly dividend on Friday, February 24th. Copyright 2023 InvestorPlace Media, LLC. 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.. Therein lies the problem. The net loss per share in the June quarter was $0.03, based on 197.9 million weighted average shares. He co-founded Valor Mineral Management and Mineral Tech. Some WallStreetBets commenters appear to be adding all the FTDs over the entire 11-year life of Torchlight Energy to get the higher total. What was it that made this one of the hottest names among traders active online? That includes a Board expansion to include seven additional members. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. That includes stocks with short squeeze potential, Churchill Capital IV(NYSE:CCIV)s merger plans, and gene-editing stocks on the move. Often but not always, forward-looking information can be identified by the use of words such as "pursuing", "potential", "predicts", "projects", "seeks", "plans", "expect", "intends", "anticipated", "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "should", "would" or "will" be taken, occur or be achieved. Sponsored: Find a Qualified Financial Advisor. 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. SmartAssets free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. You will get early access to the daily stock alerts and also the weekly watchlist. THE ARRANGEMENT AGREEMENT WITH METAMATERIAL, INC. 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. Total oil and gas sales last year amounted to $193,379. Rob StoneVice President, Corporate Development and CommunicationsMeta Materials Inc. Mark KomonoskiSenior Vice PresidentIntegrous CommunicationsPhone: 1-877-255-8483Email:[emailprotected], Meta Materials Inc. 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.'. 5 BIG Questions for George. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto, or any change in events, conditions, or circumstances on which any such statement is based. Lorem ipsum dolor sit amet, consectetur adipiscing elit. MMAT stock was down 19% as of Monday morning . After its reverse merger with Torchlight Energy, whats next for Meta Materials (NASDAQ:MMAT) stock? 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. Early Friday, Meta stock traded down more than 1%, at $3.32 in a 52-week range of $0.42 to $21.76. 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. What is Meta Materials's Dividend Payment Date? He has a proven track record of implementing technological advancements to reduce costs and increasing operational efficiencies. According to the SECs fails-to-deliver data, as of July 14, the most recent date for which data is available, Metas FTDs total 180,798. Article printed from InvestorPlace Media, https://investorplace.com/2021/07/after-torchlight-merger-wait-and-see-mmat-stock/. This may end up being a big winner down the road. 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. 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 represents a $1.60 dividend on an annualized basis and a dividend yield of 6.02%. 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. 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. If you're new to stock investing, here's how to buy Meta Materials stock. 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. The Company believes that, upon completing the work on these four wells, META will be in compliance with all aspects of its lease obligations, and the CDC (Continuous Drilling Clause) with University Lands on the Orogrande project will be satisfied. Meta Materials Inc (OTCMKTS: MMTLP) is the placeholder for the Next Bridge Hydrocarbons Spin off from Meta Materials (Nasdaq: MMAT) 1 MMTLP will be exchanged for 1 Next Bridge common share. "I would like to take this opportunity to thank all of Torchlight's shareholders, its Board and the team at Metamaterial Inc. for their long time support, enthusiasm and efforts in making this merger a success," commented John Brda, Torchlight's Chief Executive Officer. Upon the spinout, costs associated with the oil and gas assets and operations will be carried by the OilCo as debt owed to META. In the prior quarter, the company reported a net loss per share of $0.01 on 155.9 million shares. 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 . Those who got in near or at its split-adjusted high of $10.88 per share? This points to the stock having plenty of room to fall before its no longer overvalued. Theres plenty here that could excite investors once again. Finding a qualified financial advisor doesnt have to be hard. In 2021, the Company incurred costs of $14.2 million in relation to the drilling activity to maintain compliance with the lease obligations. 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. Torchlight Energy Resources, Inc. (TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. This work includes, but is not limited to, formal transfer of the assets to OilCo Holdings, Inc. (the OilCo), a newly formed wholly owned subsidiary of META, ensuring that the OilCo capital structure supports a spinout and, making any necessary filings with the SEC. Forward-Looking StatementThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the 'safe harbor' created by those sections. After the Torchlight Merger, Wait and See With Meta Materials Stock, Penny Stocks How to Profit Without Getting Scammed, 5 Hypergrowth Stocks With 10X Potential in 2023, 7 of the Best Contrarian Stocks to Buy as Others Get Greedy, producing a non-invasive glucose sensing system, $160 million in cash, and nearly zero debt, The Countdown to Destruction Has Already Begun for Exela Technologies Stock, Louis Navellier and the InvestorPlace Research Staff, AMC Stock: The Convergence Trade With a Massive Wrinkle, Cathie Wood Is Betting Big on These 5 AI Stocks, What Is the Best Growth Stock to Buy Now? This is my toughest video so far and am aware that not all investors will agree with the questions but I think it is important to present them. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements as a result of various factors, including those risks and uncertainties described in or implied by the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our 2020 Annual Report on Form 10-K, filed on March 18, 2021, our First Quarter 2021 report on form 10-Q filed on May 14, 2021 and our other reports filed from time to time with the Securities and Exchange Commission ('SEC'). Mr. Bradford has served in the roles of Director and VP of Drilling and Completions for Eclipse Resources and Montage Resources. You will have the opportunity to ask questions, receive trading tips, view in advance the latest penny stock picks, and have your portfolio reviewed as well as getting access to my spreadsheet portfolio of invested stocks, with due diligence, buy prices and also strike prices. Valor is a mineral and working interest management firm which uses a proprietary software platform owned and developed by Mineral Tech. Plus 3 Stocks for March.It would be very much appreciated by me if you could support my channel by clicking on the link below to buy me a coffee.https://www.buymeacoffee.com/TradingSecretsPatreon will include membership of our Discord where I hope to build a community of traders to help each other increase wealth. He previously worked at Chesapeake Energy holding various positions including Senior Operations Engineer and Asset Manager of the Appalachian North and Utica Business Units. Two Wall Street Legends will reveal their #1 recommendations and full "roadmap" for navigating the coming AI revolution. Theres even room for more lines.

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