META MATERIALS COMPLETES DISTRIBUTION OF NEXT BRIDGE HYDROCARBONS COMMON SHARES
HALIFAX, NS / ACCESSWIRE / December 15, 2022 / Meta Materials Inc. (the “Company” or “META®”) (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that it has completed the distribution of common stock of Next Bridge Hydrocarbons, Inc. as planned.
As previously disclosed, holders of record of Series A Preferred Stock of META at the close of business on December 12, 2022, will receive one share of Next Bridge Hydrocarbons common stock for each Series A Preferred share pursuant to the process set forth in the prospectus:
https://www.sec.gov/Archives/edgar/data/1936756/000119312522292114/d302576d424b4.htm.
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