and META (formerly named Torchlight Energy Resources, Inc.).

The Exchangeable Shares were listed in connection with the completion of the business combination (the 'Business Combination') that was carried out by way of a court approved plan of arrangement under the Business Corporations Act (Ontario) involving the Company, Metamaterials Inc. The Exchangeable Shares will trade under the symbol 'MMAX'. (CSE:MMAX) (the 'Company'), a wholly-owned subsidiary of META, will commence trading today on the Canadian Securities Exchange (the 'CSE'), as the CSE's conditions for listing have been satisfied and the CSE has issued its final exchange bulletin confirming the Company's listing at today's market open. ('META®') (NASDAQ:MMAT) a developer of high-performance functional materials and nanocomposites, is pleased to announce that exchangeable shares (the 'Exchangeable Shares') of Metamaterial Exchangeco Inc. Quote and option data delayed at least 15 minutes stock quote data powered by Ticker Technologies, and Mergent.HALIFAX, NS / ACCESSWIRE / J/ Meta Materials Inc. Video widget and market videos powered by Market News Video. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. All viewers agree that under no circumstances will BNK Invest, Inc. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person.

Split history database is not guaranteed to be complete or free of errors. or any of its affiliates, subsidiaries or partners. Nothing in is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. Below, we examine the compound annual growth rate - CAGR for short - of an investment into Meta Materials shares, starting with a $10,000 purchase of MMAT, presented on a split-history-adjusted basis factoring in the complete Meta Materials stock split history.Ĭopyright © 2013 - 2023, All Rights Reserved Looking at the Meta Materials stock split history from start to finish, an original position size of 1000 shares would have turned into 500 today. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. The $5 and $10 pricepoints tend to be important in this regard. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price.

When a company such as Meta Materials conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like.

For example, a 1000 share position pre-split, became a 500 share position following the split. This was a 1 for 2 reverse split, meaning for each 2 shares of MMAT owned pre-split, the shareholder now owned 1 share. The split for MMAT took place on June 28, 2021. Meta Materials (MMAT) has 1 split in our Meta Materials stock split history database. According to our Meta Materials stock split history records, Meta Materials has had 1 split. Co.'s platform technology includes: holography, which is a technique where collimated visible wavelength lasers are used to write an interference pattern inside the volume of light-sensitive material (photopolymer) lithography, which is a process used in the fabrication of integrated circuits, in which a light-sensitive polymer (photoresist) and medical wireless sensing, which uses infrared and radio frequency transmitters and receivers to collect and measure a variety of biological information. Meta Materials is a developer of functional materials and nanocomposites focusing in metamaterial research and products, nanofabrication, and computational electromagnetics.

Meta materials inc subsidiaries