Lewis465
2022-12-12

$Meta Materials Inc. Class A Preferred Stock(MMTLP)$ checked with tiger and looks like they aren't sure how to transfer shares to AST yet But will find out soon.

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Comments

  • skw
    2022-12-12
    skw
    $150 per share 🙃🙃  transfer out to AST
    • LeopardooReplyskw
      Saw those tweets as well. Trade button is on or off does not mean anything if FINRA does not lift the halting. We can't do anything except let them sort it out and wait.
    • skwReplyLeopardoo
      right..but I saw somewhere saying AST is no longer receiving, they have acquired 165 mil already. it is damn fishy, why would they turn on the trade button but doesnt allow trading. makes no sense.
    • LeopardooReplyskw
      okay. After AST transfer, you can't trade. According to the 424 document filing, the transfer to AST or with your broker has the same right to the NB shares - I think that's what most people are concerned about. I hope it will stay that way and hope it can resume trading.
    • skwReplyLeopardoo
      sorry. its per stock. but it seems like it makes no difference cause you can't trade it even if it is being transferred to AST.
    • Leopardoo
      150 per stock or 150 per share? can you confirm it is per share.or per transfer?
  • Lewis465
    2022-12-12
    Lewis465
    I also asked why i couldnt set a sell limit order just in case the halt was lifted and he said “we can still trade at market open”, but not sure if they were jusy confused or not / avtualky knew about the halt.
  • Lewis465
    2022-12-13
    Lewis465
    This is referring to per stock. So if you transfer 100 shares of 1 stock its 150. Other threads the say the cost will be covered. This is just their normal DRS fee
  • Tom_Jerry
    2022-12-12
    Tom_Jerry
    Thanks for your sharing. Hope it will be done for us automatically, as part of their service provided.
  • Tiger Tina
    2022-12-12
    Tiger Tina
    Thanks, we wait for Tiger emails regarding this stock then
  • xwteric
    2022-12-12
    xwteric
    can check with them if tonight the ban is lifted, can we just sell it instead?
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