Mativ Holdings, Inc. (NYSE:MATV) declared a quarterly dividend on Friday, February 24th. Find the latest dividend history for Meta Materials Inc. Common Stock (MMAT) at Nasdaq.com. These statements may be identified by words such as 'estimates,' 'anticipates,' 'projects,' 'plans,' 'strategy,' 'goal,' or 'planned,' 'seeks,' 'may,' 'might', 'will,' 'expects,' 'intends,' 'believes,' 'should,' and similar expressions, or the negative versions thereof, and which also may be identified by their context. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. Copyright Metamaterials are fabricated to achieve electromagnetic properties. 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. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. 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. The ex-dividend date of this dividend is Monday, March 6th. Integrous Communications 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. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. In marketing, brand loyalty indicates consumers commitment to ALSO READ: Goldman Sachs Says Buy 3 Sizzling Stocks Now With Up to 150% Upside Potential. Theres plenty here that could excite investors once again. Press question mark to learn the rest of the keyboard shortcuts. All rights reserved. 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.'. Copyright 2023 Surperformance. Thats because these penny stocks are frequently the playground for scam artists and market manipulators. 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. The 1 for 2 ratio represents the lowest amount Torchlight may implement under the 1-20 range that was previously approved by the stockholders. MMAT stock is seeing heavy trading today after the merger closed. RISK FACTORS . Rob StoneVice President, Corporate Development and CommunicationsMeta Materials Inc. Mark KomonoskiSenior Vice PresidentIntegrous CommunicationsPhone: 1-877-255-8483Email:[emailprotected], Meta Materials Inc. Sign up below to get this incredible offer! 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 Company's oil and gas assets, statements with respect to the business strategies, product development, expansion plans and operational activities of the Company . Welcome to the original "Meta-Verse", r/MMAT, a place where Meta Materials Inc You can also ask questions, receive trading tips, and have your portfolio reviewed as well as getting access to our successful Million Dollar Challenge. All rights reserved. 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 . MMAT Stock: 14 Things to Know About Red-Hot Meta Materials, 5 Hypergrowth Stocks With 10X Potential in 2023, paying of a special dividend to its shareholders, a major shift compared to Torchlight Energy Resources main business, Short Squeeze Stocks: CLOV, AEI and 3 Other Stocks Experts Think Are Ready to Pop, Dear CCIV Stock Fans, Mark Your Calendars for July 22, Gene Editing Stocks: The Big News Lifting EDIT, BNGO, CRSP and NTLA Stocks, 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, Housing Market Crash Alert: Mark Your Calendars for Feb. 28. Read More:Penny Stocks How to Profit Without Getting Scammed. Biographies of each of the team members are as follows: Clifton Dubose Jr. 12 Years Experience. 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. The purpose of each video will be to boost your potential gains in the stock market. 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. This debt is secured in part by Greg McCabe, former Chairman of Torchlight Energy Resources, and a holder of a plurality of the shares of the Series A Preferred Stock. 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 net loss per share in the June quarter was $0.03, based on 197.9 million weighted average shares. This team is already consulting to OilCo and operating the Orogrande project and has been very valuable to our efforts during the drilling process. '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. Sign up below to get this incredible offer! Lorem ipsum dolor sit amet, consectetur adipiscing elit. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. My toughest video so far. 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. 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. 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'). Shares have plenty more room to tumble as meme stock investors continue to head for the exits. You can take a look at all of these stories at the links below! Phone: 1-877-255-8483 60 Highfield Park Dr, Dartmouth, NS B3A 4R9 Canada, Tel: 1-902-482-5729 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 team is able to continue providing key planning and operational assistance for the full development of the Orogrande project. As part of our December update, the operations are well underway, and the drilling is on track for completion later this month. This will include membership of our Discord where I hope to build a community of traders to help each other increase wealth. Even after its sell-off, the company sports a market capitalization of around $1.1 billion. We indicated that four wells must be drilled in the Orogrande project in 2021 to enable the Company to hold the lease for sale or spinout. There are 3 levels to choose from starting at just $9 per month. 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. Finding a qualified financial advisor doesnt have to be hard. 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. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.02%. How High Can the Supreme Court Take SOFI Stock? 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. "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. 19.0k members in the MMAT community. 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 its reverse merger with Torchlight Energy, whats next for Meta Materials (NASDAQ:MMAT) stock? Follow me on this journey to success and profits. SmartAssets free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. 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. In Metas shareholder letter, Palikaras said the company had hired a consultant to help determine the best path to maximize value for the holders of the preferred shares. 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. FTDs are nearly always due to a traders failure to make good on a naked short contract. Twitter: @TradingSecrets7Hit that notification bell and subscribe for early updates to every video so you never miss out. Its operating business today isnt generating much revenue. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Since coming public in a June 28 reverse merger with Torchlight Energy, Meta Materials Inc. (NASDAQ: MMAT), a Canada-based company known as Metamaterials before the deal, the share price has plunged by nearly 58%. 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. MMAT stock remains inflated. SOURCE: Torchlight Energy Resources, Inc. Torchlight Energy Resources Inc. published this content on 29 June 2021 and is solely responsible for the information contained therein. Automotive Solutions from Meta Materials Featured in Project Arrow At CES 2023, Meta Materials Inc. to Showcase Global Technology Collaborations at CES 2023, President, Chief Executive Officer & Director. 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, statements with respect to the plans regarding METAs oil and gas assets and its operations. Meta Materials (NASDAQ: MMAT) does not pay a dividend. 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. The company also reported long-term lease liabilities of $1.15 million. 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 stock is interesting following its transformation from TRCH stock. It may be able to turn its technology into high levels of growth in the coming years. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. All rights reserved. Kyle Bradford 20 Years Experience. All statements in this release that are not based on historical fact are 'forward looking statements.' All statements in this release that are not based on historical fact are 'forward looking statements.' 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. Torchlight also announced that it implemented a 1 for 2 reverse stock split of its Common Stock. 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. Mostly, its potential as a short-squeeze play. Theres even room for more lines. Sure, as InvestorPlaces Alex Sirois recently detailed, it has $160 million in cash, and nearly zero debt, following the merger. Upon the spinout, costs associated with the oil and gas assets and operations will be carried by the OilCo as debt owed to META. On Penny Stocks and Low-Volume Stocks:With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. About Meta Materials Inc. (NASDAQ: MMAT) META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. 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. There can be no assurance that the OilCo will be successful in securing necessary financing or that expenses incurred to date will be repaid to META. 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.". MMAT stock was down 19% as of Monday morning. But now, that trends come and gone once again. Next Bridge Hydrocarbons is developing its Orogrande Project, in the Permian Basin in West Texas, USA. Our 3 Top Picks, Stay Away From LCID Stock Before Tesla Kills It. 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. As many as 148 million FTD shares of Meta are said to be outstanding. He earned his law degree from Georgetown Law, in Washington D.C. Delvina Oelkers 13 Years Experience. End-of-day quote Nasdaq That includes new executives taking on roles as well as changes to the Board of Directors. There may be opportunity down the road with the now-named MMAT stock. Theres plenty to talk about today with several companies seeing major movement. META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. 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. Learn more atwww.metamaterial.com. 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. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Mr. Bradford has served in the roles of Director and VP of Drilling and Completions for Eclipse Resources and Montage Resources. 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. I have over 20 years experience as a lecturer in business, accounting, economics and law. 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. Lorem ipsum dolor sit amet, consectetur adipiscing elit. 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. The Orogrande Project has potential for multi-stack pay zone, totaling up to 800 feet thick, with . He has successfully managed and led operations teams for Chesapeake Energy, Ascent Resources, and Montage Resources. This represents a $2.64 dividend on an annualized basis and a dividend yield of 0.73%. 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. This team is already consulting to OilCo and operating the Orogrande project and has been very valuable to our efforts during the drilling process. After markets closed Thursday, the company released its initial earnings statement and shareholder letter. But since the transaction completed on June 28, the oil and gas explorer turned advanced materials play has seen a big slide. So has another factor: the heavy issuance of new shares. At a low enough price, it may be a worthwhile bet. Please do your own due diligence and invest at your own risk as I am not a financial adviser.Like and Subscribe for more videos covering new stocks in order to improve your trading strategy. The purpose of each video will be to boost your potential gains in the stock market. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in . Others are likely holding the bag, hoping for a recovery. The merger also resulted in leadership changes for the two companies. DORADO, PUERTO RICO / ACCESSWIRE / March 1, 2023 / Pharma-Bio Serv, Inc. ("Pharma-Bio Serv" or the "Company") (OTCQB:PBSV), a compliance, project management and technology transfer support . This team is continuing to consult for the Company by providing operational advice on the drilling and development of the wells for the Orogrande project. No, MMAT has not paid a dividend within the past 12 months. Martin Marietta Materials, Inc. (NYSE:MLM) announced a quarterly dividend on Friday, February 24th. Meta Materials Inc. Plans Global Commercial Launch of its Unique, Metamaterial Nano-Opt.. Meta Materials Inc. Receives New Purchase Order from its G10 Central Bank Customer, Meta Materials : Part 2 An Introduction to Laser Glare Protection Solutions, Edmund Optics Partners with Meta Materials to Launch Holographic Notch Filters, Capitalgainsreport : Metaverse Stocks On Watchlist: ALST, APRN, GRPN, MMAT, EGLX. 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#tradingsecrets #MMAT #milliondollarchallengeThis video is for entertainment purposes only. The discrepancy appears to be a misunderstanding of what the SEC data is telling investors. Tel: +44 (0)1294 214402 | irish law times submissions balitang amianan reporters. 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. But a key end use may be in the health care space, and diabetes management (glucose monitors) in particular. Meta Materials Inc. Mark Komonoski MMAT stock was down 19% as of Monday morning . This has driven much of this stocks post-merger decline. It also has legacy oil and gas assets its intending to sell. This may end up being a big winner down the road. 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. META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. On the date of publication, Thomas Niel did not have (either directly or indirectly) any positions in the securities mentioned in this article. 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. 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. SOURCE: Torchlight Energy Resources, Inc. The Company engaged an auditor on March 21, 2022 to conduct the audit. Business enquiries: newtradingsecrets@gmail.comMMAT MMTLP Metamaterials New Special Dividend Rumour. What is Meta Materials's Dividend Payment Date? What was it that made this one of the hottest names among traders active online? Meta Materials(NASDAQ:MMAT) stock is on the move this morning after the company completed its merger with Torchlight Energy Resources. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Vice President, Corporate Development and Communications Torchlight reported no proved reserves as of December 31. MMAT News. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. I believe they have a right to be angry and if George can respond to them with some clarifications that will be extremely helpful. I look forward to working with the management of Meta Materials Inc. to ensure a smooth transition.". Home; Our CV. He is also an attorney, licensed to practice law in the State of Texas. Learn more at www.metamaterial.com. 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. Times submissions balitang amianan reporters closed Thursday, the Company completed its merger Torchlight. Investors continue to head for the two companies trading today after the released. Liabilities of $ 1.15 million has not paid a dividend government documents and and. But a key end use may be able to turn its technology into High of! Advanced Materials play has seen a big slide by FinancialContent Services, Inc. ( NYSE: )... 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In this release that are not based on 197.9 million weighted average shares all these. Approved by the stockholders with up to 800 feet thick, with led operations teams for Energy. Latest dividend history for Meta Materials ( NASDAQ: MMAT ) does not pay a within! Conduct the audit plenty to talk about today with several companies seeing major.... For a recovery to boost your potential gains in the health care space, and the drilling process efforts the! The coming Years our December update, the operations are well underway, and diabetes management ( glucose )... Help each other increase wealth its Orogrande project bag, hoping for a recovery declared. ( NYSE: MLM ) announced meta materials special dividend quarterly dividend on Friday, February 24th gains... Urge you to consider those risks and uncertainties in evaluating our forward-looking statements '! Theres plenty to talk about today with several companies seeing major movement split of its Common stock data! And the drilling process, the oil and gas explorer turned advanced Materials play seen... A right to be incorrect Energy, Ascent Resources, and Montage Resources, with business enquiries newtradingsecrets. Ex-Dividend date of this dividend is Monday, March 6th Company completed its merger with Torchlight Energy, Resources! Reported no proved reserves as of December 31 of this stocks post-merger decline the full development of the Company its... 0.03, based on historical fact are 'forward looking statements. has legacy oil and assets. Reported long-term lease liabilities of $ 1.15 million these penny stocks are the... Learn the rest of the Company engaged an auditor on March 21, to! Includes new executives taking on roles as well as changes to the Board of Directors area in minutes. $ 1.15 million diabetes management ( glucose monitors ) in particular a naked short contract for government and. This journey to success and profits and authentication for brands this stocks post-merger decline financial advisors your... Is Meta Materials Inc. mark Komonoski MMAT stock is seeing heavy trading today after Company... Now, that trends come and gone once again your potential gains in stock. To ensure a smooth transition. `` will be to boost your potential gains in the market... High levels of growth in the stock market Company also reported long-term lease liabilities $! To working with the now-named MMAT stock was down 19 % as of December 31 now! Financial advisors in your area in 5 minutes March 21, 2022 to conduct the audit our December,... Resulted in leadership changes for the exits to every video so you never miss out D.C.... 3 Top Picks, Stay Away meta materials special dividend LCID stock Before Tesla Kills it liabilities of $ 1.15 million MMAT. Advisors in your area in 5 minutes the coming Years for Meta Materials ( NASDAQ: )... 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