![]() The offering may be made only by means of a prospectus supplement and accompanying prospectus. This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. Inc., Prospectus Department, 640 Fifth Avenue, 4th Floor, New York, New York 10019, or by email: or from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, by telephone at (212) 624-2060, or by email at continues A final prospectus supplement and accompanying prospectus relating to the offering will also be filed with the SEC and will be available on the SEC's website at When available, copies of the final prospectus supplement and the accompanying prospectus may also be obtained from: Ladenburg Thalmann & Co. META filed a preliminary prospectus supplement and accompanying prospectus relating to the offering with the SEC on April 13, 2023. META filed a shelf registration statement on Form S-3 relating to the shares of common stock offered in the public offering described above with the Securities and Exchange Commission (the "SEC") on November 10, 2022, which was declared effective by the SEC on November 18, 2022. META intends to use the net proceeds from the offering for working capital and general corporate purposes, which include, but are not limited to: on-going development of our existing and future products, (such as our advanced materials NPORE® and NCORE™ for Li-ion battery applications, electro-optical devices, the expansion of our manufacturing facilities and capital equipment purchases), as well as general and administrative expenses. and A.G.P./Alliance Global Partners are acting as joint bookrunning managers for the offering. The offering is expected to close on or about Apsubject to satisfaction of customary closing conditions. ![]() The gross proceeds of the offering are expected to be approximately $25 million before deducting the underwriting discount and estimated offering expenses payable by META, assuming no exercise of the underwriters' overallotment option. All of the securities are to be sold by META. Each warrant is exercisable immediately at an exercise price of $0.375 per share and will expire five years following the date of issuance. META has granted the underwriters a 30-day overallotment option to purchase up to an additional 12,500,000 shares of its common stock and/or warrants to purchase up to an additional 12,500,000 shares of common stock at the public offering price, less the underwriting discount. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that it has priced an underwritten public offering of 83,333,334 shares of its common stock and warrants to purchase up to an aggregate of 83,333,334 shares of common stock at a combined public offering price of $0.30 per share and accompanying warrant. HALIFAX, NS / ACCESSWIRE / Ap/ Meta Materials Inc. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, Eddie Pan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. 13 in the hopes of experiencing a final, potential short squeeze. Many had planned on holding their shares until the day before the previously scheduled cancellation date of Dec. ![]() The deletion of shares would be a major blow to shareholders. With that in mind, investors should assume that shares will be taken off the market today and remain halted until they are cancelled. FINRA has not yet acknowledged the petition. The petition puts forward several requests, such as the abolition of dark pools and payment for order flow (PFOF). A petition demanding “justice” for shareholders now has over 10,000 signatures. The lack of updates have inspired shareholders to take action themselves. The company has not yet released a press release detailing the matter, with its last press release dated Dec. Meta Materials has been quiet about the situation. On the other hand, Morgan Stanley’s (NYSE: MS) E*TRADE yields no results for the ticker. For example, Fidelity still displays MMTLP in its search bar, but users come to a blank screen when clicking on it. Meanwhile, the search visibility of MMTLP differs on different brokerages. 8 on the page shows that the agency scheduled MMTLP to be deleted today, Dec. However, a visit to FINRA’s list of daily deletions shows no mention of MMTLP for the days ending Dec. Meta Materials (NASDAQ: MMAT) had previously announced that shares of MMTLP would be “ cancelled” today, Dec.
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