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TORCHLIGHT MERGER DATE FULL
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Get more out of your next press release with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork. With our competitors, the work is done the second your release crosses the wire. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement. We offer UNLIMITED Wordson all domestic releases. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. InvestorWire is the wire service that gives you more. For more information, visit About InvestorWire META’s achievements have been widely recognized, including being named a Global Cleantech 100 company. The company’s 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. META delivers previously unachievable performance, across a range of applications, by inventing, designing, developing and manufacturing sustainable, highly functional materials. Roth Capital Partners acted as financial advisor to Torchlight related to this business combination. Torchlight’s current portfolio includes assets focused in West and Central Texas where targets are established plays such as the Permian Basin. According to the previous announcement, prior to the implementation of the reverse stock split, Meta Materials (NASDAQ: MMAT) shareholders were expected to receive 3.690 shares of Torchlight common stock in exchange for each of their shares of Metamaterial Inc., resulting in Meta Material shareholders owning approximately 75% of the resulting post-merger company. In addition, the company’s common stock will begin trading on NASDAQ under the ticker symbol MMAT. As a result, after market close today, Torchlight’s name will be changed to Meta Materials Inc. Torchlight Energy Resources (NASDAQ: TRCH), an oil and gas exploration company based in Plano, Texas, has closed on its previously announced business combination with Meta Materials Inc. (NASDAQ: TRCH) Closes $1.9 Billion Merger with Meta Materials Inc. JInvestorNewsBreaks – Torchlight Energy Resources Inc.
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