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Meta Materials Announces Finra Has Processed Corporate Action For Exchange Of Series A Preferred

PRIVATEDec 07, 2022

Round Type

Series A

DartmouthManufacturingInformation TechnologyBiotechnologyHardwareOil And GasConsumer Electronics

Description

HALIFAX, NS / December 7, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that FINRA has processed and announced the corporate action of exchanging META's Series A Preferred shares (OTC: MMTLP) for shares of common stock of Next Bridge Hydrocarbons, Inc. on its daily list. Please see https://otce.finra.org/otce/dailyList which notes the following regarding the trading of shares of MMTLP on OTC and the distribution of the Next Bridge Hydrocarbons, Inc

Who else raised in Hardware and Oil And Gas around the same time

Companies in the same sectors as Meta Materials that raised within 45 days of this round, from Fundz verified event records.

  • Osi Systems raised an undisclosed amount (Funding Round) on January 17, 2023.
  • Membrion raised an undisclosed amount (Funding Round) on January 20, 2023.
  • Arkeon raised an undisclosed amount (Funding Round) on January 19, 2023.
  • BioProtonics raised $109K (Seed) on January 18, 2023.
  • Hillcrest Energy Technologies raised $545K (Seed) on January 13, 2023.
  • Genesis Systems raised $1M (Seed) on January 11, 2023.

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Company Information

Company

Meta Materials

Location

1 RESEARCH DRIVE

Dartmouth, Nova Scotia, Canada

About

Meta Materials Inc. (META®), is an advanced materials and nanotechnology company. It develops new products and technologies using innovative sustainable science. Advanced materials can improve everyday products that surround us, making them smarter and more sustainable. META’s technology platforms enable global brands to develop new products to improve performance for customers in aerospace and defense, consumer electronics, 5G communications, batteries, authentication, automotive and clean energy.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Meta Materials raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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